Ethereum

Token

Uniswap

Optimism

Story

<p>The post <a href="https://coinpedia.org/price-prediction/optimism-op-price-prediction/">Optimism Price Prediction 2024, 2025, 2030: Will The Bullrun Help OP Price Regain $10?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<div id="story-highlight-pattern-block" class="wp-block-group is-layout-constrained wp-block-group-is-layout-constrained">
 <div class="wp-block-group__inner-container"> 
  <div id="story-highlights" class="wp-block-group is-layout-constrained wp-block-group-is-layout-constrained">
   <div class="wp-block-group__inner-container"> 
    <h2 class="wp-block-heading the-subtitle" id="h-story-highlights">Story Highlights</h2> 
    <ul class="story-highlights-list"> 
     <li>The live price of Optimism is <b>&nbsp;$&nbsp;4.15598572</b>.</li> 
     <li>Optimism price could go as high as $7.80 by the end of 2024.</li> 
     <li>With a potential surge, the OP price could reach a maximum of $30.25 by 2030.</li> 
    </ul> 
   </div>
  </div> 
 </div>
</div> 
<p><span class="article_first_letter">T</span>he speed of transactions is among the key concerns with cryptocurrencies. In the end, this vulnerability is one of the main issues with the Ethereum network. Although Ethereum has many advantages, its alleged slowness and the subsequent rise in “gas” pricing are its drawbacks.</p> 
<p>One of the Layer-2 scaling alternatives to the speed issue that exists is Optimism. The basic tenets of Optimism are that it needs to be fast, endure for a very long period, be simple to deal with, and productively accomplish its objectives.</p> 
<p>Are you someone looking for projects that offer storming speeds while offering nominal gas fees, then Optimism can be the one! Look no further as we unlock the most detailed OP price prediction for 2024, and the years to come. </p> 
<div class="wp-block-yoast-seo-table-of-contents yoast-table-of-contents">
 <h2 id="table-of-contents">Table of contents</h2>
 <ul>
  <li><a href="#h-story-highlights" data-level="2">Story Highlights</a>
   <ul>
    <li><a href="#h-overview" data-level="3">Overview</a></li>
   </ul></li>
  <li><a href="#h-op-price-prediction-march-2024" data-level="2">OP Price Prediction March 2024</a></li>
  <li><a href="#h-optimism-price-forecast-2024" data-level="2">Optimism Price Forecast 2024</a></li>
  <li><a href="#h-optimism-price-prediction-2024-2030" data-level="2">Optimism Price Prediction 2024 – 2030</a></li>
  <li><a href="#h-optimism-price-prediction-2025" data-level="2">Optimism Price Prediction 2025</a></li>
  <li><a href="#h-optimism-price-prediction-2026" data-level="2">Optimism Price Prediction 2026</a></li>
  <li><a href="#h-optimism-price-prediction-2027" data-level="2">Optimism Price Prediction 2027</a></li>
  <li><a href="#h-optimism-price-prediction-2028" data-level="2">Optimism Price Prediction 2028</a></li>
  <li><a href="#h-optimism-price-prediction-2029" data-level="2">Optimism Price Prediction 2029</a></li>
  <li><a href="#h-optimism-price-prediction-2030" data-level="2">Optimism Price Prediction 2030</a></li>
  <li><a href="#h-market-analysis" data-level="2">Market Analysis</a></li>
  <li><a href="#h-coinpedia-s-optimism-price-prediction" data-level="2">CoinPedia’s Optimism Price Prediction</a></li>
  <li><a href="#h-fundamental-analysis" data-level="2">Fundamental Analysis</a></li>
  <li><a href="#h-what-is-optimism" data-level="2">What Is Optimism?</a></li>
  <li><a href="#h-faqs" data-level="2">FAQs</a></li>
 </ul>
</div> 
<h3 class="wp-block-heading" id="h-overview">Overview</h3> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Cryptocurrency</strong></td>
    <td><b>Optimism</b></td>
   </tr>
   <tr>
    <td><strong>Token</strong></td>
    <td><b>OP</b></td>
   </tr>
   <tr>
    <td><strong>Price</strong></td>
    <td><b>&nbsp;$&nbsp;4.15598572</b> <span class="low-price" style="color: #c50b12;margin-left: 6px;font-weight: 600;"> <img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2023/05/05193946/red.svg" style="width: 14px;vertical-align: middle;"> -5.03% </span></td>
   </tr>
   <tr>
    <td><strong>Market cap</strong></td>
    <td><b>&nbsp;$&nbsp;4,181,510,119.3164</b></td>
   </tr>
   <tr>
    <td><strong>Circulating Supply</strong></td>
    <td><b>&nbsp;1,006,141,600.0000</b></td>
   </tr>
   <tr>
    <td><strong>Trading Volume&nbsp;</strong></td>
    <td><b><b>&nbsp;$&nbsp;410,222,926.4270</b></b></td>
   </tr>
   <tr>
    <td><strong>All-time high</strong></td>
    <td> <strong>$4.57 on 31st May 2022 </strong></td>
   </tr>
   <tr>
    <td><strong>All-time low</strong></td>
    <td> <strong>$0.4005 on 19th June 2022</strong></td>
   </tr>
   <tr>
    <td><strong>24 High</strong></td>
    <td><b>&nbsp;$&nbsp;4.4960</b></td>
   </tr>
   <tr>
    <td><strong>24 Low</strong></td>
    <td><b>&nbsp;$&nbsp;4.0520</b></td>
   </tr>
  </tbody>
 </table>
</figure> 
<p>*The statistics are from press time.</p> 
<h2 class="wp-block-heading" id="h-op-price-prediction-march-2024">OP Price Prediction March 2024</h2> 
<p>The Optimism (OP) price traded in a consolidated range between 3.487 and $3.997 for about three weeks, during which the token displayed significant price volatility in the chart. As the market volatility grew, the bulls recorded a jump of 14.33% but the token quickly experienced a trend reversal, resulting in it losing all its gains from the pump.</p> 
<p>However, the market experienced a bullish reversal shortly after and the OP price added 20.09% in the chart. After facing rejection at $4.80, the Optimism token traded between $4.402 and $4.800 for the next seven days. Recently, the bulls lost momentum and broke down the support level at $4.402. Since then, the OP price has been trading under a bearish influence.</p> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="542" src="https://image.coinpedia.org/wp-content/uploads/2024/03/14202825/image-120-1024x542.png" alt="Optimism Price Prediction 2024" class="wp-image-278663" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/14202825/image-120-1024x542.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/14202825/image-120-300x159.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/14202825/image-120-768x406.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/14202825/image-120-150x79.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/14202825/image-120.png 1437w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
  TradingView: OP/USDT
 </figcaption>
</figure> 
<p>The MACD displays a sharp rise in the red histogram, indicating a strong bearish influence in the crypto market. Further, the averages show a constant decline, suggesting the price will continue losing value in the coming time.</p> 
<p>If the market pushes the price above the resistance level of $4.224, the bulls will regain momentum and prepare to test its upper limit of $4.80. Conversely, if a trend reversal occurs, the price will lose momentum and fall to test its lower support level of $3.724 this month.</p> 
<h2 class="wp-block-heading" id="h-optimism-price-forecast-2024">Optimism Price Forecast 2024</h2> 
<p>The ecosystem places an even greater emphasis on pragmatism. And is guided by the demands and limitations faced in the actual world by its crew and the consumers who interact with the ecosystem. As a result, Optimism intends to incorporate features like EVM equivalence progressively and grow continually. This could peak its price at $7.80.</p> 
<p>On the other hand, conditions like a protracted bear run might cause the cost to fall to $2.90. Consequently, the standard price of OP might be $5.35.</p> 
<h2 class="wp-block-heading" id="h-optimism-price-prediction-2024-2030">Optimism Price Prediction 2024 – 2030</h2> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Price Prediction</strong></td>
    <td><strong>Potential Low ($)</strong></td>
    <td><strong>Average Price ($)</strong></td>
    <td><strong>Potential High ($)</strong></td>
   </tr>
   <tr>
    <td><strong>2024</strong></td>
    <td>2.90</td>
    <td>5.35</td>
    <td>7.80</td>
   </tr>
   <tr>
    <td><strong>2025</strong></td>
    <td>5.63</td>
    <td>8.42</td>
    <td>11.21</td>
   </tr>
   <tr>
    <td><strong>2026</strong></td>
    <td>8.72</td>
    <td>12.17</td>
    <td>15.633</td>
   </tr>
   <tr>
    <td><strong>2027</strong></td>
    <td>13.44</td>
    <td>16.35</td>
    <td>19.26</td>
   </tr>
   <tr>
    <td><strong>2028</strong></td>
    <td>17.93</td>
    <td>20.63</td>
    <td>25.33</td>
   </tr>
   <tr>
    <td><strong>2029</strong></td>
    <td>20.47</td>
    <td>23.74</td>
    <td>27.01</td>
   </tr>
   <tr>
    <td><strong>2030</strong></td>
    <td>25.88</td>
    <td>28.06</td>
    <td>30.25</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-optimism-price-prediction-2025">Optimism Price Prediction 2025</h2> 
<p>Optimism’s design approach is created about the picture of long-term sustainability and avoiding going for shortcuts to scalability. This makes the project one of the largest scaling solutions ever developed on the Ethereum mainnet. Keeping with the mission the prevailing factors could skyrocket its price to $11.21 by the end of 2025.</p> 
<p>Conversely, if the leading cryptocurrency is attacked by bears, due to criticism from, rivals and worries about regulation. The OP price may close the year’s trade at $5.63. In light of the pessimistic and bearish forecasts, the average price may ultimately reach $8.42.</p> 
<h2 class="wp-block-heading" id="h-optimism-price-prediction-2026">Optimism Price Prediction 2026</h2> 
<p>According to our analysts, OP coin price prediction for the year 2026 could range between $8.72 to $15.63 and the average price of Optimism could be around $12.17.</p> 
<h2 class="wp-block-heading" id="h-optimism-price-prediction-2027">Optimism Price Prediction 2027</h2> 
<p>According to our analysts, Optimism price for the year 2027 could range between $13.44 to $19.26, and the average price of OP could be around $16.35.</p> 
<h2 class="wp-block-heading" id="h-optimism-price-prediction-2028">Optimism Price Prediction 2028</h2> 
<p>According to our analysts, OP crypto prediction for the year 2028 could range between $17.93 to $23.33, and the average Optimism coin price could be around $20.63.</p> 
<h2 class="wp-block-heading" id="h-optimism-price-prediction-2029">Optimism Price Prediction 2029</h2> 
<p>According to our analysts, Optimism’s forecast for the year 2029 could range between $20.47 to $27.01, and the average OP coin price could be around $23.74.</p> 
<h2 class="wp-block-heading" id="h-optimism-price-prediction-2030">Optimism Price Prediction 2030</h2> 
<p>According to our analysts, OP predictions for the year 2030 could range between $25.88 to $30.25. The average Optimism price could be around $28.06.</p> 
<h2 class="wp-block-heading" id="h-market-analysis">Market Analysis</h2> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Firm Name</strong></td>
    <td><strong>2024</strong></td>
    <td><strong>2025</strong></td>
    <td><strong>2030</strong></td>
   </tr>
   <tr>
    <td><strong>Wallet Investor</strong></td>
    <td>$1.935</td>
    <td>$2.110</td>
    <td>–</td>
   </tr>
   <tr>
    <td><strong>priceprediction.net</strong></td>
    <td>$2.59</td>
    <td>$3.80</td>
    <td>$25.32</td>
   </tr>
   <tr>
    <td><strong>DigitalCoinPrice</strong></td>
    <td>$5.44</td>
    <td>$7.45</td>
    <td>$21.90</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p><strong>*</strong>We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.</p> 
<h2 class="wp-block-heading" id="h-coinpedia-s-optimism-price-prediction">CoinPedia’s Optimism Price Prediction</h2> 
<p>If the platform stands to its terms and works effortlessly to provide EVM sustainability to its users its value might shoot up. Taking its strong fundamentals into consideration, OP’s maximum possible price can be $7.80 by the end of 2024.</p> 
<p>On the flip side, if the bears take over the market the value can bounce to fall at $2.90 with an average trading price of $5.35.</p> 
<h2 class="wp-block-heading" id="h-fundamental-analysis">Fundamental Analysis</h2> 
<p>Optimism (OP) is a layer-two blockchain, on top of Ethereum. The Optimism Foundation is a charity devoted to expanding the Optimism ecosystem. Similar to Eth, Optimism wants to develop into a fully decentralized, non-profit public good.&nbsp;</p> 
<p>Moreover, it provides an architecture that fosters the expansion and longevity of public goods and is fully funded by grants and contributions.&nbsp;</p> 
<p><strong>Some of the core features of Optimism –</strong></p> 
<ul> 
 <li><strong>Simplicity</strong>&nbsp; – Wherever practical, it makes use of tested Ethereum programs and infrastructure. To deal closely with pre-existing source code and maintain the simplest and easiest code.</li> 
</ul> 
<ul> 
 <li><strong>Pragmatism</strong> – With an emphasis on realism and inspired by the requirements and limitations of its crew and the people interacting with the system, Optimism strives to develop products iteratively.</li> 
</ul> 
<ul> 
 <li><strong>Sustainability</strong> – To expand the system, it makes use of optimistic rollups and the Ethereum consensus engine. So, the principle of long-term sustainability serves as the foundation for Optimism’s design approach.</li> 
</ul> 
<h2 class="wp-block-heading" id="h-what-is-optimism">What Is Optimism?</h2> 
<p>Optimism is a Layer-2 (L2) Ethereum solution focused on simplicity at minimal cost. The open mainnet of Optimism was established in December 2021 after it was first announced in June 2019.</p> 
<p>Optimism employs Ethereum’s PoW consensus technique, which could be until Ethereum switches to a proof-of-sake PoS approach in the later part of 2022. With more than $300 million in TVL, Optimism is also one of the most prominent scaling alternatives for Ethereum.</p> 
<p>It is home to 35 protocols, the largest of which are Velodrome (VELO) an AMM, Uniswap (UNI) a DEX, and Synthetix (SNX).&nbsp; By connecting the network to their Metamask and spanning coins like ETH to the L2, users can start their quest on the network.</p> 
<p>CoinPedia has dedicated a team of expert analysts to cover the possible<a href="https://coinpedia.org/price-prediction/">&nbsp;crypto price prediction</a>&nbsp;and sum it all up in one place, just for you!</p> 
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2> 
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1659681978011">
  <strong class="schema-faq-question"><strong>Is Optimism a good investment?</strong></strong> 
  <p class="schema-faq-answer">The protocol has a strong team supporting it and several cutting-edge technological traits that could make it stand out from rivals. However, being a new project it’s hard to predict its future moves.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1659682053246">
  <strong class="schema-faq-question"><strong>What will be the worth of OP by the end of 2024?</strong></strong> 
  <p class="schema-faq-answer">Optimism price could reach a maximum of $7.80 by the end of 2024.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1659682022278">
  <strong class="schema-faq-question"><strong>Will OP would be able to rise in future?</strong></strong> 
  <p class="schema-faq-answer">The coin has sound fundamentals and it might reach new highs if it brings in newer upgrades and valuable partnerships in the future.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1659682072025">
  <strong class="schema-faq-question"><strong>What will the maximum price of OP be by the end of 2025?</strong></strong> 
  <p class="schema-faq-answer">The coin can strike record highs with a maximum of $11.21 by the end of 2025. With a potential surge, OP price could reach a maximum of $30.25 by the end of 2030.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1695454464599">
  <strong class="schema-faq-question">What is the current value of Optimism?</strong> 
  <p class="schema-faq-answer">At the time of publishing, the price of one OP was $4.165.</p> 
 </div> 
</div> 
<h5 class="wp-block-heading get-graph-symbol" id="get-graph-symbol">OP</h5> 
<h5 class="wp-block-heading exchange-symbol" id="exchange-symbol">BINANCE</h5>

Optimism Price Prediction 2024, 2025, 2030: Will The Bullrun Help OP Price Regain $10?

Table of Contents

CoinPedia News

Other articles published on Oct 16, 2023

WhiteCoin (XWC) Price Prediction 2024, 2025, 2030, 2040, and 2050

Coinbase keeps up its pressure on the SEC to respond to its petition for crypto rulemaking.

Lean Community and FreeLIB Newsletter — Week #41

Sber rejoins Russia’s digital ruble trials for 2024

Clarification on sharing false spot Bitcoin ETF news

TrueUSD customer data exposed in third-party security breach

Join our free newsletter for daily crypto updates!