Optimism

$0.1295
$0.006192(+4.78%)Today
Market cap
297.92M
Total volume (24h)
105.08M
Volume / Market cap
0.3527
Circulating supply
2.30B
Day range (24h)
$0.123$0.1354
All-time low
$0.0807
All-time high
$4.84

About Optimism (OP)

Optimism (OP) is a decentralized cryptocurrency. Today, October 21, 2026 01:26 UTC, OP is currently trading at $0.13 with a market cap of $297,919,227 and 24h volume of $105,084,612.

The all-time high of Optimism was $4.84 and the all-time low was $0.08.

You can buy, sell, manage, and trade OP directly in MetaMask.

Price history

Today (October 21, 2026)$0.1295+4.78%
24 hours ago (October 20, 2026)$0.1236+4.78%
1 week ago (October 14, 2026)$0.1578-17.93%
1 month ago (September 21, 2026)$0.1244+4.12%
1 year ago (October 21, 2025)$0.445-70.90%

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OP market moves

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24h change: -10.86%. From $0.1355 to $0.1208.

  • Optimism released op-node version 1.19.8 and related updates to improve sequencer reliability, fix slow block builds, and enforce stricter hardfork configuration checks. Ethereum's Glamsterdam upgrade activated on the Sepolia testnet on October 6, introducing enshrined proposer-builder separation, block-level access lists, and higher gas limits to advance layer 1 scaling. OP Stack chains benefit from these Ethereum improvements through better infrastructure and preparation for future interoperability. Node operators on affected testnets were required to update before the activation.
  • Optimism governance approved reallocating 546.9 million OP tokens from a planned user airdrop allocation to a Strategic Ecosystem Fund managed by the Optimism Foundation. The fund is intended to support partnerships, incentives, and institutional adoption rather than broad airdrops. A decisive vote from an Optimism-funded development team provided the margin of approval in August 2026. This reflects a strategic shift toward targeted ecosystem growth and enterprise initiatives.
  • Optimism is deepening ties in South Korea through partnerships with KB Securities, Securitize, and others to launch tokenized money market funds and explore won-linked stablecoins on OP Mainnet. Sony's Soneium blockchain has adopted OP Enterprise managed services for operations while focusing on tokenized IP and entertainment. These moves align with regional regulatory developments and institutional interest in real-world asset tokenization. The strategy emphasizes enterprise chains and onchain finance over broad consumer airdrops.

24h change: +1.24%. From $0.1334 to $0.135.

  • Optimism shipped op-reth v2.5.0 with patches for rustls and imbl dependencies and removed legacy pre-Bedrock import commands. The related op-node v1.19.8 release targets slow block builds during L1-origin transitions and enforces stricter hardfork configuration checks. Sepolia operators must run recent versions before the October 6 Glamsterdam activation on testnet. These changes improve reliability and security for the OP Stack without impacting token economics or requiring end-user action.
  • Soneium from Sony is now built on OP Enterprise allowing the company to focus on tokenized IP and onchain entertainment while Optimism supports operations. Discussions at Token2049 and Korea Blockchain Week emphasize owning infrastructure, differentiated user experience, and bringing real-world assets onchain in Korea with partners like DB Securities. Aero is coming to OP Mainnet alongside Chainlink CCIP 2.0 for institutional interoperability. These developments highlight growing use of the OP Stack beyond traditional DeFi.

24h change: +5.35%. From $0.1265 to $0.1333.

  • Optimism shipped op-reth v2.5.0 with security patches for rustls and imbl dependencies plus removal of legacy pre-Bedrock import commands. The op-node v1.19.8 update targets slow block builds at L1-origin transitions and adds stricter hardfork configuration checks. Operators on Sepolia must run recent versions before the October 6 Glamsterdam hardfork. These maintenance releases improve reliability across the OP Stack without requiring user action.
  • OP has risen about 3 percent in the last 24 hours to trade near $0.13 after recovering from an August all-time low near $0.08. Multiple technical analyses highlight smart money long positioning on Binance futures with long-short ratios above 1.6 while taker sell flow remains dominant in some sessions. Resistance clusters near $0.14 with support around recent lows. Price action reflects broader Layer-2 sector dynamics and protocol developments.
  • Soneium, Sony's blockchain, has moved to OP Enterprise's fully managed tier for high uptime and infrastructure support while focusing on tokenized IP and onchain entertainment. Optimism continues partnerships including as a launch partner for Chainlink CCIP 2.0 and efforts to bring real-world assets onchain in Korea via DB Securities. These moves extend the OP Stack beyond retail DeFi into institutional and enterprise use cases.

24h change: -5.37%. From $0.144 to $0.1363.

  • Governance approved Upgrade 20 on September 16, 2026. The L1 smart contract upgrade replaces Output Root Dispute Games with Super Root Dispute Games that anchor to timestamps rather than block numbers. This change prepares the dispute system for eventual multi-chain representation without requiring another security layer modification later. Operators updated tools like op-challenger and op-proposer while no action was required from users or node operators. The upgrade executed on testnets starting September 17 with mainnet following around September 24 after a successful soak period.
  • OP Mainnet transaction volume has tripled since early 2024 driven by migrations like and reduced fees after EIP-4844. Multiple chains including Base, Unichain, Ink and World Chain operate on the shared OP Stack technology. Recent software releases in September 2026 for op-node, op-reth and related components support ongoing improvements and the Karst hardfork. The Superchain now accounts for a significant share of layer-2 activity.
  • The token reached an all-time low near $0.08 in mid-August 2026 before recovering over 50 percent in the following month. Recent price action shows a 24-hour decline of around 5 percent to the $0.135-$0.14 range with market capitalization near $310 million. Circulating supply stands at approximately 2.3 billion out of a maximum 4.29 billion. The recovery coincides with protocol upgrades and broader layer-2 sector activity.

24h change: -3.14%. From $0.1487 to $0.1441.

  • Optimism governance approved Upgrade 20 on September 16, 2026. The L1 contract upgrade transitions from Output Root Dispute Games to Super Root Dispute Games, allowing dispute systems to eventually support multiple chains at the same timestamp. This is a prerequisite step before full cross-chain interoperability launches in the Superchain. Chain operators must update tools like op-challenger and op-proposer, while node operators and users need no action. The upgrade completed testnet execution and targeted mainnet deployment around September 24.
  • KB Securities signed an MOU with Securitize and the Optimism Foundation to develop tokenized financial products for Korean institutional investors. The initial focus includes a tokenized money market fund and another based on a KB Asset Management strategy. This expands Optimism's role in real-world asset tokenization and institutional DeFi on OP Mainnet. Future products could include tokenized bonds and equities as South Korea's regulatory framework for tokenized securities evolves toward 2027 implementation.
  • OP rose from around $0.096 to over $0.126 following the approval of Upgrade 20 in mid-September. The token has gained more than 50 percent over the past 30 days amid broader ecosystem developments including rising USDT flows and institutional interest. Price action reflects growing adoption of the OP Stack and Superchain infrastructure. Analysts note continued technical focus on range behavior and potential breakout confirmation in recent trading.

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