Optimism

$0.0866
-$0.002165(-2.50%)Today
Market cap
197.95M
Total volume (24h)
22.95M
Volume / Market cap
0.1159
Circulating supply
2.29B
Day range (24h)
$0.0857$0.0885
All-time low
$0.082
All-time high
$4.84

About Optimism (OP)

Optimism (OP) is a decentralized cryptocurrency. Today, August 6, 2026 20:01 UTC, OP is currently trading at $0.09 with a market cap of $197,953,361 and 24h volume of $22,950,971.

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 6, 2026)$0.0866-2.50%
24 hours ago (August 5, 2026)$0.0888-2.50%
1 week ago (July 30, 2026)$0.0885-2.10%
1 month ago (July 7, 2026)$0.1038-16.60%
1 year ago (August 6, 2025)$0.6713-87.10%

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OP market moves

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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.

24h change: +3.16%. From $0.0857 to $0.0884.

  • The Optimism Collective implemented season 8 governance changes effective August 1, 2026. Updates include stakeholder voting that accounts for more voices than token holders alone, a refined public definition of citizenship, subdivision of the Citizens’ House into categories, and auto-pass mechanisms for certain proposals. These adjustments draw on lessons from prior seasons to support a maturing Superchain of multiple chains. The changes aim to reduce platform risk and improve decentralized coordination.
  • OP is trading around $0.085 after recently reaching an all-time low near $0.082 on August 1, 2026. Market capitalization stands at roughly $195 million with 24-hour trading volume of about $26 million. Multiple trading accounts have shared short setups citing seller distribution within tight price ranges. Price prediction analyses for 2026 show continued subdued expectations.
  • A July 2026 research paper analyzes address poisoning attacks prevalent on Ethereum and layer-2 networks like Optimism. Attackers send zero-value transactions from lookalike addresses to trick users into copying incorrect recipient addresses for future transfers. The study underscores risks for wallet users and on-chain activity in the Optimism ecosystem. It coincides with other recent events such as a stablecoin depeg on the network.

24h change: +0.35%. From $0.0851 to $0.0854.

  • South Korea's Toss, a super app with 30 million users that handles two-thirds of the country's money transfers, signed a strategic agreement with Optimism and Sunnyside Labs. The three-month proof of concept tests won-linked stablecoin infrastructure, compliance tools, and privacy features using the OP Stack for potential institutional payments. This marks the fourth regulated financial institution in a year to adopt the OP Stack after projects in Europe, the US, and Japan. The move points to growing use of Ethereum layer-2 technology in traditional finance while regulatory approvals for live stablecoins remain pending.
  • Optimism has released multiple resources comparing OP Stack favorably to other enterprise blockchain options and detailing tiers of OP Enterprise for managed chain infrastructure. Recent partnerships include upgrades for chains like Ink and collaborations with Korean entities such as Upbit operator Dunamu, Toss, and DB Securities. These efforts support the Superchain vision of interconnected OP Stack networks with improved interoperability through ongoing protocol upgrades. The developments position the ecosystem for broader institutional and fintech use cases.
  • Recent market data shows the OP token trading in a tight range near $0.085 to $0.087 with modest 24-hour gains or losses of 1 to 4 percent depending on the exact timeframe. On-chain metrics for OP Mainnet indicate hundreds of millions in TVL with the broader Superchain aggregate significantly higher. Analysts and traders are publishing technical setups focusing on value areas, support, and resistance in current price action. This occurs against the backdrop of ecosystem growth in partnerships and upgrades.

24h change: -0.38%. From $0.0854 to $0.085.

  • The OP token has declined to a new all-time low near $0.083. This follows earlier price pressure after Base moved away from the OP Stack in February 2026. Technical analysts are monitoring for potential double-bottom formations and value area absorption around current levels. Daily trading volume remains moderate relative to the market cap.
  • Optimism initiated Season 8 of its governance on August 1 2026. The update introduces expanded stakeholder voting and auto-pass mechanisms for certain proposals to increase decentralization. This builds on the January 2026 approval of an OP token buyback program that directs Superchain sequencer revenue toward token purchases. The changes aim to better align community participation with protocol development.
  • Toss has become the fourth major regulated financial institution in the past year to adopt the OP Stack. This follows implementations by Bitpanda in Europe, Kraken in the US, and Mitsui in Japan. The OP Stack powers customizable Layer 2 networks with Ethereum-grade security. Adoption continues despite recent challenges to the OP token price.

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