Optimism

$0.0895
$0.00008952(+0.10%)Today
Market cap
204.63M
Total volume (24h)
19.75M
Volume / Market cap
0.0965
Circulating supply
2.29B
Day range (24h)
$0.0879$0.0895
All-time low
$0.082
All-time high
$4.84

About Optimism (OP)

Optimism (OP) is a decentralized cryptocurrency. Today, August 9, 2026 19:51 UTC, OP is currently trading at $0.09 with a market cap of $204,632,287 and 24h volume of $19,749,238.

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 (August 9, 2026)$0.0895+0.10%
24 hours ago (August 8, 2026)$0.0894+0.10%
1 week ago (August 2, 2026)$0.0862+3.80%
1 month ago (July 10, 2026)$0.1046-14.40%
1 year ago (August 9, 2025)$0.7993-88.80%

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OP market moves

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24h change: +0.20%. From $0.0891 to $0.0893.

  • The Optimism Foundation detailed plans for approximately 343 million new OP tokens to enter circulation over the next 12 months from various ecosystem sources. This comes as the token trades near its all-time low and the existing buyback program has only acquired around 9 million tokens so far. The outlook underscores ongoing tension between funding public goods, incentives, and managing token supply. It matters because it directly influences circulating supply, market perception, and the effectiveness of revenue-sharing mechanisms designed to support the token.
  • World Chain, built on the OP Stack, will activate EIP-7928 block access lists on August 17 ahead of Ethereum mainnet. The upgrade enables parallel transaction verification during block building and targets up to one gigagas per second without raising hardware requirements. It positions World Chain as the first production L2 to implement this Flashblock-related technology. This development signals continued technical innovation across OP Stack chains and potential performance gains for the broader Superchain.
  • Since early 2026 governance approval, 50% of net Superchain sequencer revenue funds recurring OP token buybacks on the open market. Repurchased tokens are directed toward Retroactive Public Goods Funding to reward ecosystem builders. The mechanism creates a direct link between network usage across chains like OP Mainnet and World Chain and token demand. While the program is operational, recent analysis shows buybacks have been modest relative to new token releases.

24h change: +3.10%. From $0.0866 to $0.0893.

  • Optimism plans to unlock about 343 million OP tokens valued at roughly $29.6 million from May 2026 through April 2027. These releases target the ecosystem fund, initial contributors, and investors, raising circulating supply toward 2.5 billion tokens. The structured schedule aims to fund development and DeFi growth but raises questions about near-term selling pressure while the token trades near cycle lows.
  • World Chain recently deployed access lists as part of an OP Stack upgrade targeting higher transaction throughput. Optimism continues promoting its OP Enterprise offering for institutions to build customized chains with managed infrastructure. Official communications highlight ongoing technical discussions about the roadmap, including past upgrades like Karst and upcoming changes such as the Cobalt upgrade for native account abstraction.
  • Governance previously approved directing 50% of net Superchain sequencer revenue toward recurring monthly OP token buybacks. This mechanism aims to link token value more directly to ecosystem usage and revenue generation. It is frequently cited in recent analysis as a counterweight to token unlocks and a driver of sustainable demand for OP.

24h change: -0.90%. From $0.0872 to $0.0864.

  • The outlook for the period from May 2026 to April 2027 details allocations primarily from the ecosystem fund along with contributions from early contributors, investors and the governance fund. There are noted discrepancies between the summed allocations, the overall supply target and the foundation's circulating supply tracker. The governance-approved buyback program tied to Superchain revenue has repurchased approximately 9 million OP to date. These developments have drawn attention to token supply dynamics as the project shifts focus toward enterprise and ecosystem growth initiatives.
  • South Korea's Toss super-app, used by more than 30 million people for banking, payments and investing, signed an agreement to test a Korean won-backed stablecoin. The proof-of-concept leverages the OP Stack along with privacy tools from Sunnyside Labs for compliant transaction data handling. It represents the fourth regulated financial institution to adopt the OP Stack in a new market within the past year after projects in Europe, the United States and Japan. The partnership underscores growing institutional interest in the Superchain for traditional finance use cases.
  • OP reached lows near 0.082 dollars in early August 2026, levels not seen in two years, and continues to trade around 0.087 to 0.089 dollars. The year 5 outlook release coincides with this price action following an earlier decline after Coinbase's Base network shifted away from the OP Stack. Revenue from sequencer fees across the Superchain has been impacted by such changes and staff reductions. Community and analyst discussions focus on support levels, potential consolidations and on-chain foundation activity.

24h change: +1.00%. From $0.0874 to $0.0883.

  • The OP token hit a new all-time low of roughly $0.082 in early August 2026 and continues to trade near that level. This occurs after Base shifted away from the OP Stack in February 2026 and amid broader market conditions, even as a revenue-linked buyback program approved earlier in the year directs Superchain sequencer revenue toward OP purchases. The development matters because it tests the effectiveness of economic alignment mechanisms designed to support the token during periods of low activity or sentiment.
  • Optimism completed the Isthmus network upgrade on July 8, 2026. The hard fork brings Ethereum Pectra upgrade capabilities into the OP Stack, improving account abstraction, efficiency, and overall Superchain performance. This technical step matters for developers and users building on multiple OP Chains because it enhances security, reduces costs, and aligns the ecosystem more closely with Ethereum's roadmap.
  • Regulated financial institutions continue to build on the OP Stack, with db securities bringing Korean tokenized securities to Optimism and other adopters like Toss in South Korea. This extends earlier moves by Bitpanda, Kraken, and Mitsui across different markets. The trend matters because it expands real-world asset settlement on the Superchain, potentially increasing transaction volume and revenue that feeds into OP token buybacks.

24h change: +0.01%. From $0.0884 to $0.0884.

  • South Korea's leading fintech app Toss, used by roughly 30 million people or two-thirds of the population, signed an MOU with Optimism to test a KRW stablecoin on the OP Stack. The three-month proof of concept with Sunnyside Labs focuses on compliance, privacy, and performance standards required by regulated financial institutions. This represents the fourth major regulated entity in the past year to select the OP Stack after Bitpanda, Kraken, and Mitsui. The development expands the infrastructure's reach into traditional finance and real-world asset applications.
  • Optimism governance approved using 50 percent of sequencer revenue from the Superchain for monthly OP token buybacks in a 12-month pilot. Revenue generated from chains built on the OP Stack directly supports purchases of OP, which flow to the Collective treasury for decisions on burning, rewards, or incentives. This ties the token's value more closely to actual network usage and growth. The mechanism aims to create sustainable demand aligned with ecosystem expansion.
  • The OP token reached a two-year low near $0.085 in late July 2026 and continues trading around $0.086 to $0.09 in early August. This occurs as the broader Ethereum L2 ecosystem experiences declining total value locked, with optimistic rollups still dominating the remaining share. Technical analysis points to a descending channel pattern with mixed RSI indicators. Despite price pressure, on-chain development metrics such as GitHub commits remain elevated.

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