OP
Optimism
OP
1 Hour Move
+1.18%
$0.09 → $0.09
Why Optimism is up 1.2% in the last hour
Analysis
Optimism (OP) rose 1.2% over the past hour as sentiment around Ethereum Layer-2s strengthened following a report that L2 networks now collectively hold $37.4B in TVL, with Optimism cited among the leading chains. This kind of positive ecosystem-wide metric can support near-term demand for major L2 tokens like OP.
Contributing Factors (1)
#1
AMBCrypto
Protocol Upgrade
1 day ago
Ethereum L2s now hold $37.4B TVL – Base, Arbitrum, and Optimism lead the charge
Key factors that show Ethereum scaling upgrades are working.
Confidence
74%
Read source
Move Details
Asset
Optimism
Symbol
OP
Direction
↑ Bullish
Timeframe
1 Hour
Start Price
$0.09
End Price
$0.09
Change
+1.18%
Detected
Jul 24, 2026 1:45 AM
Explanation Confidence
74%
High confidence in the explanation based on source reliability and timing.