The reward for the event will be 8 million OP tokens which will further help the winning projects increase their impact on-chain. $OP PUMP THIS SHIT pic.twitter.com/jySc2uxBnI — ProfessorAstrones (@Astrones2) July 24, 2024 These metrics contribute to a stronger bullish sentiment among analysts like X user Professor Astrones, showing support for OP as he shows that the token has broken through the downward trend it has followed since early this year. Although confidence in the platform and token is still high, some things have to happen to OP to see green once more.
This should offset any shift in investor confidence as it paints Optimism positively: a platform worthy of development with the support of a growing community. 🟡⚪️Superhack is a Superchain wide hackathon.🔵🔴 Sign up and check out bounties from teams like @worldcoin @base @modenetwork @Celo and more!
The platform’s growth as the self-named "Superchain” on Ethereum is working as active addresses continue to ramp up along with transactions, indicating chain-wide usage across its different constituent chains. The platform has also announced several events that potentially impacted this on-chain growth.
The story "Optimism Drops 12%: Should Investors Still Be Optimistic? These Metrics Say Yes" has 463 words across 77 sentences, which will take approximately 2 - 4 minutes for the average person to read.
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