Optimism (OP) rose over 10%! The launch on a leading CEX in South Korea ignites liquidity, while the L2 superchain upgrade implementation boosts the rising trend | OP price prediction

The native Token OP of the Ethereum Layer 2 scaling solution Optimism has surged by 10% today, triggered directly by the announcement from Korea's top Crypto Assets exchange to list trading. The new exchange listing has brought a huge Liquidity injection, pushing the OP price to break $0.80, with daily volume skyrocketing by 200% to over $340 million. At the same time, the recent "super chain upgrade" completed by the Optimism network has also boosted market confidence. This article will detail the impact of the listing, key points of the super chain upgrade, and the latest technical trends of OP.

Upbit Launch Drives OP Demand: Liquidity Soars, Prices Surge One of South Korea's largest digital asset exchanges has officially announced the listing of Optimism (OP) Token. According to the announcement, the OP/KRW (Korean Won), OP/BTC, and OP/USDT trading pairs will open for trading on July 28, ( KST) at 16:30 (Beijing time 15:30), with deposit and withdrawal services available within two hours after the announcement. Stimulated by this significant exchange listing benefit, the OP Token has gained the urgently needed liquidity boost, and the price has seen a substantial rise, with the trading volume sharply increasing. Social media sentiment has turned bullish, driven not only by the listing news but also by the market's optimistic expectations for Optimism's recent ecosystem upgrades and the upcoming launch of DeFi projects. Additionally, positive signals from the macro level regarding the US-EU trade agreement have led to a general strengthening of Bitcoin and other digital assets today. Thanks to today's strong pump, the OP Token has successfully recovered all the losses from last week. As a representative token of the Ethereum Layer 2 sector, OP participated in the overall rebound of the crypto assets market in July, with a monthly rise of 52%, making it one of the top DeFi tokens currently in focus for investors.

Optimism Superchain Upgrade Launched: Enhanced Interoperability, Security, and Performance Another key factor supporting the recovery of OP prices is that the Optimism network recently completed an important smart contract upgrade —— Superchain Upgrade 16(. The core goal of this upgrade is to enhance cross-chain interoperability within the Superchain ecosystem ). This upgrade significantly enhances the network's degree of decentralization and security status, making chains such as OP Mainnet ( OP Mainnet ), Base, Mode ( Ink ), and Zora ( Unichain ) comply with the updated Layer2 chain Phase 1 ( Stage 1 ) standards of L2Beat. In addition, the upgrade also includes technical improvements to the OP Stack. Notably, the Gas limit for each block has been increased to 500 million, which significantly enhances the transaction throughput and scalability of all chains built on the OP Stack, paving the way for more complex decentralized applications (DApp).

OP Technical Trend Analysis: Breakthrough of Key Levels, Focus on Continuity

  • Current Performance: Driven directly by the news of being listed on Upbit, the OP price has strongly broken through the psychological barrier of $0.80, demonstrating strong short-term momentum.
  • Volume Coordination: Daily trading volume surged by 200% to over $340 million, providing a solid liquidity foundation for the price rise, consistent with healthy breakout characteristics.
  • Trend Background: This month's 52% rise has established a medium-term upward trend, and today's increase has successfully reversed last week's downward trend.
  • Key Resistance/Support:
    • In the short term, attention should be paid to whether it can stabilize above $0.80 and continue to attack. The next important resistance level may be in the $0.85 - $0.90 area.
    • Preliminary support can be observed around $0.75 (previous resistance turned support and psychological level), with stronger support located around $0.70 (related to the 20-day moving average and previous platform). As long as the price remains above the $0.70 key support, the overall technical structure still leans towards bullish.
  • Market Sentiment: Social sentiment indicators show that the market is bullish, but caution is needed for fluctuations after short-term positive news is realized.

Conclusion: Optimism (OP) Token has seen a strong performance with a simultaneous increase in volume and price, rising 10% in a single day, successfully breaking through $0.80 and reclaiming lost ground on the weekly chart, thanks to the significant positive news of its listing on Korea's top exchange. Coupled with the successful implementation of its "Super Chain Upgrade 16," which enhances network security, interoperability, and performance (especially with the Gas limit increased to 500 million/block), the fundamentals and technicals resonate with each other. In the short term, attention should be paid to the stability of the price above $0.80 and whether the trading volume can be maintained, while in the medium term, the overall bullish structure relies on the key support above $0.70. As competition in the Layer 2 track heats up, Optimism, with its Super Chain vision and ongoing ecological development, will make its Token OP a significant barometer for observing the heat and capital flow in the Layer 2 market.

OP-4.93%
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