Optimism

24h change: +2.94%. From $0.0986 to $0.1015.

• South Korea's Toss super-app with 30 million users signed an agreement to test a Korean won backed stablecoin on Optimism's OP Stack. The three-month pilot incorporates privacy tools from Sunnyside Labs while meeting regulatory compliance needs. It represents the fourth regulated financial institution to select the OP Stack in the past year. This development underscores the stack's suitability for institutional and traditional finance applications.
• Optimism is scheduled to unlock approximately 31 million OP tokens on July 31 representing 1.79 percent of circulating supply. Further unlocks for core contributors and insiders are set for October and beyond. These releases add to circulating supply and have historically influenced short term price action. The protocol maintains governance and ecosystem funds to support long term development despite inflationary pressures.
• Recent analysis names Optimism as one of several promising layer 2 tokens for a potential market recovery due to its scaling solutions and ecosystem utility. On-chain metrics show whale accumulation even as the token trades near recent lows around $0.10. Community and analyst discussions reference rotation opportunities into L2 assets like OP as broader market funding dynamics shift. The network's focus on OP Stack improvements and developer tools supports its positioning.

24h change: -3.10%. From $0.1016 to $0.0984.

• South Korea's Toss super app, with around 30 million users, started a three-month proof of concept for a KRW-backed stablecoin on Optimism's OP Stack in partnership with Sunnyside Labs. The pilot tests whether public blockchains can deliver compliant settlement, KYC, anti-money laundering standards, and transaction privacy at the same time using Privacy Boost technology. This represents the fourth regulated financial institution to adopt the OP Stack in the past year. It highlights growing use of Optimism's infrastructure for real-world payments and tokenized finance.
• Since February 2026, Optimism directs 50 percent of net Superchain sequencer revenue to monthly OP token purchases. The repurchased tokens support Retroactive Public Goods Funding. This creates a direct connection between network usage across OP Stack chains and value accrual for the OP token. The 12-month pilot aims to align incentives as the Superchain expands.

24h change: -3.47%. From $0.1056 to $0.1019.

• Toss, a major South Korean super app, started a three-month proof of concept for a won-backed stablecoin using Optimism's OP Stack and Sunnyside Labs privacy technology. The pilot evaluates settlement, KYC, AML rules, and transaction privacy for regulated financial use on a public blockchain. It marks the fourth regulated financial institution to adopt the OP Stack in the past year after Bitpanda, Kraken, and Mitsui. This signals growing institutional interest in compliant onchain payment infrastructure in Asia.
• Optimism governance approved a plan to direct 50 percent of net Superchain sequencer revenue toward recurring monthly OP token buybacks over a 12-month pilot. The program links the token's value more directly to usage and economic activity across OP Stack chains. Superchain generated millions in revenue in the prior year. This creates sustained buy pressure tied to network growth rather than external factors.
• Recent L2 data places Optimism with roughly $1.48 billion in value secured and significant user operations per second on OP Mainnet. The broader Superchain sees robust transaction volumes even as value remains concentrated in top networks like Arbitrum and Base. OP Stack powers multiple chains including those used for institutional pilots. These metrics highlight ongoing development and usage independent of near-term token price.

24h change: +1.10%. From $0.1047 to $0.1059.

• South Korea's Toss super app, used by over 30 million people or two-thirds of the country, signed an MOU with Optimism and Sunnyside Labs. The three-month proof of concept tests whether the OP Stack can support a regulated KRW-pegged stablecoin for payments while meeting compliance, privacy, and performance needs. Kyu-ha Kim of Toss highlighted evaluating throughput, compliance, and costs. The collaboration could expand onchain adoption in a major regulated market.
• Exchanges including Bybit supported Optimism's network upgrade scheduled for July 8, 2026 at 16:00 UTC. Deposits and withdrawals were temporarily paused to ensure a smooth transition. The upgrade is part of ongoing technical improvements to the OP Stack and Superchain. It coincides with broader ecosystem efforts including enterprise-focused offerings like OP Enterprise for reliable infrastructure.
• Kraken-incubated Ethereum L2 Ink upgraded to Optimism's OP Enterprise Fully Managed service in a multi-year deal. Optimism will handle production infrastructure while Ink focuses on ecosystem growth and financial products. The move includes improved uptime, shorter withdrawal windows, policy engines, and plans for 200ms blocks by end of 2026. It reflects growing enterprise use of the OP Stack.

24h change: +2.01%. From $0.1028 to $0.1049.

• South Korea's Toss, a super app with over 15 million users, signed an MOU with Optimism and Sunnyside Labs on July 8, 2026. The three-month pilot will evaluate whether the OP Stack can support a regulated KRW-pegged stablecoin for institutional payments, focusing on throughput, compliance, privacy, and costs. Toss's chief business officer noted the importance of assessing feasibility in South Korea's regulated environment. This follows Toss's earlier plans to issue a won-backed stablecoin.
• Bybit announced support for the Optimism network upgrade that took place on July 8, 2026 at 04:00 PM UTC. Deposits and withdrawals on the OP network were temporarily suspended shortly before the upgrade to facilitate a smooth transition. This upgrade forms part of ongoing technical improvements across the OP Stack and Superchain ecosystem. Similar support was noted from other platforms.
• Optimism governance approved a program directing 50 percent of net Superchain sequencer revenue toward recurring OP token buybacks and burns. The initiative, which began implementation earlier in 2026, aims to link the token's economics more directly to network activity. It runs for a defined period following community vote and reflects efforts to align incentives across the ecosystem.