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Optimism (OP)

$0.0967
-0.01% 1h +3.61% 24h
Updated just now
L $0.0937 24H range H $0.0944
Market cap$220.62M
24h Volume$46.75M
Dominance0.01%
Circulating2.28B OP
Max supply4.29B OP
All-time high$4.84
Compare Convert
1Y trend

Optimism key statistics

As of July 21, 2026, Optimism (OP) is trading at $0.0967, up +3.61% over the past 24 hours. It ranks #157 by market cap, currently $220.62M, with $46.75M traded in the last 24 hours. Circulating supply is 2.28B OP out of a maximum 4.29B OP.

Fully diluted valuation

$415.34M

Volume / mkt cap

0.212

Total supply

4.29B OP

Max supply

4.29B OP

From all-time high

-98.00%

Supply issued · 53.1% of max

Circulating 2.28B OP Remaining to max 2.01B OP

Optimism price chart

Daily closes · just now

Price history from Binance daily closes (OP/USDT) – hover for the date and price. Each window shows only real data; nothing is padded.

Trading volume · 90 days (OP) Up day Down day Avg 31.07M OP

Optimism (OP) price prediction

Bearish regime
24h 7d 30d 90d 1y 2027 2028 2030
Horizon Days Bear Base Bull Base vs now
24 hours 1 $0.0909 $0.0960 $0.1015 -0.6%
7 days 7 $0.0772 $0.0939 $0.1142 -2.8%
30 days 30 $0.0526 $0.0851 $0.1376 -12.0%
90 days 90 $0.0281 $0.0715 $0.1818 -26.0%
1 year 365 $0.00632628 $0.0423 $0.2823 -56.3%
End of 2027 527 $0.003595 $0.0352 $0.3450 -63.6%
End of 2028 893 $0.00131794 $0.0257 $0.5012 -73.4%
End of 2030 1,623 $0.0009662 $0.0162 $0.8873 -83.3%

Model-based scenarios. Not financial advice. Updated 20 minutes ago.

How we forecast →

Model inputs: 221 days of price history · realized volatility 4.5%/day.

What is Optimism (OP)?

Optimism (OP) is the governance token of the Optimism Collective, the entity overseeing the OP Stack, an open-source framework for building Ethereum layer-2 blockchains using optimistic rollup technology. Optimism was developed by a team that included Karl Floersch and Ben Jones and launched its mainnet in December 2021. The OP Stack has become the foundation not only for Optimism's own network but for Base (Coinbase's layer-2), Mode, Zora, and many other chains in a growing family called the Superchain.

Like Arbitrum, Optimism uses the optimistic rollup design: transactions are executed off Ethereum, compressed and posted on-chain, with a 7-day fraud proof window for challengers to dispute invalid batches. The OP Stack is fully open source, which is why Coinbase was able to build Base on it without licensing fees, creating a pattern of shared infrastructure across multiple networks.

The Optimism Collective uses a bicameral governance model. The Token House consists of OP holders who vote on protocol upgrades and network parameters. The Citizens' House consists of holders of non-transferable badges who vote on Retroactive Public Goods Funding (RetroPGF), a mechanism for rewarding open-source projects that created value for the Ethereum and Optimism ecosystem. This public-goods focus is central to Optimism's stated philosophy. Like ARB, OP does not automatically accrue network fee revenue; whether to implement fee-sharing is a recurring governance question. As with all crypto, OP is volatile. This page is information only and is not financial advice; always do your own research.

Written and reviewed by the TheWeal editorial team.

Optimism analysis

Technicals · levels · performance · valuation · history

Technical analysisDaily · updated 8 hours ago

Strong sell
3 buy1 neutral14 sell
Trading below its 200-day SMARSI (14): 3314-day volatility: 1.8%Green days: 14/30
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OscillatorsBuy
RSI (14) 32.6 Neutral
Stochastic %K 13.3 Buy
CCI (20) -127.8 Buy
Williams %R -86.7 Buy
MACD (12,26,9) -0 Sell
Momentum (10) -0.01 Sell
Moving averagesStrong sell
SMA 10 $0.0976 Sell
EMA 10 $0.0971 Sell
SMA 20 $0.1007 Sell
EMA 20 $0.0992 Sell
SMA 30 $0.1008 Sell
EMA 30 $0.1010 Sell
SMA 50 $0.1020 Sell
EMA 50 $0.1048 Sell
SMA 100 $0.1160 Sell
EMA 100 $0.1183 Sell
SMA 200 $0.1521 Sell
EMA 200 $0.1668 Sell
26
RSI (14)Oversold0 oversold · 50 neutral · 100 overbought

A technical reading from 261 days of real Binance closes – moving averages and oscillators only. It describes recent price behaviour and is not a price prediction and not investment advice.

Support & resistanceDaily pivot levels

Pivot $0.0941 -2.73%
Resistance
R1 $0.0944 -2.35%
R2 $0.0948 -2.00%
R3 $0.0951 -1.62%
Support
S1 $0.0937 -3.07%
S2 $0.0934 -3.45%
S3 $0.0930 -3.80%

Classic pivot levels computed from the most recent daily candle (high, low, close). Reference levels only – not investment advice.

PerformanceReturn over each window

24H +3.61%
7D -3.71%
30D -9.93%
90D -24.19%
1Y -88.09%

ValuationWhere price sits today · from real history

Drawdown from all-time high · 401 daysNow -89.31% · worst -89.59%

Percentage below the running peak close (0% = a fresh all-time high). Real Binance daily closes.

Mayer Multiple 0.63

Price vs 200-day average

UndervaluedUndervaluedOvervalued
From all-time high -98.00%

Distance below the record price

Far belowDeep discountAt ATH
52-week range 1%

Where price sits in its yearly range

52w lowNear 52w low52w high
RSI (14) 26.0

14-day price momentum

OversoldOversoldOverbought

Cycle & valuation gauges computed from real daily closes (Binance). Educational context only – not investment advice.

Correlationsvs top coins · 120-day daily returns

Pearson correlation of daily returns over the last ~120 days (−1 inverse · 0 none · +1 lockstep). From real Binance closes.

Price historyMonthly returns & daily OHLC

Monthly returns · last 12 months

Each bar is that calendar month’s price change (first close to last), from real Binance daily closes.

DateOpenHighLowCloseVolumeChange
Jul 20, 2026 $0.0950 $0.0958 $0.0919 $0.0934 18.30M OP -1.68%
Jul 19, 2026 $0.0955 $0.0962 $0.0930 $0.0950 17.46M OP -0.52%
Jul 18, 2026 $0.0960 $0.0979 $0.0944 $0.0954 18.11M OP -0.63%
Jul 17, 2026 $0.0987 $0.0992 $0.0950 $0.0960 28.23M OP -2.74%
Jul 16, 2026 $0.1023 $0.1031 $0.0983 $0.0987 32.26M OP -3.52%
Jul 15, 2026 $0.1016 $0.1046 $0.1007 $0.1022 25.39M OP +0.59%
Jul 14, 2026 $0.0985 $0.1028 $0.0980 $0.1016 23.93M OP +3.15%
Jul 13, 2026 $0.1002 $0.1032 $0.0969 $0.0985 55.28M OP -1.70%
Jul 12, 2026 $0.1018 $0.1030 $0.0995 $0.1001 17.25M OP -1.67%
Jul 11, 2026 $0.1034 $0.1072 $0.1015 $0.1019 14.66M OP -1.45%
Jul 10, 2026 $0.1021 $0.1085 $0.1015 $0.1035 26.10M OP +1.37%
Jul 9, 2026 $0.0997 $0.1055 $0.0991 $0.1021 33.51M OP +2.41%
Jul 8, 2026 $0.1022 $0.1032 $0.0966 $0.0997 33.34M OP -2.45%
Jul 7, 2026 $0.1073 $0.1079 $0.1015 $0.1021 13.74M OP -4.85%

Daily open/high/low/close and base-asset volume from Binance (OP/USDT). Change is close vs open.

Optimism tokenomics

Supply modelCapped
Issued to date53.1% of max
Left to mint2.01B OP
Fully diluted valuation$415.34M

Supply figures are live from CoinGecko. A capped max supply means new OP issuance is finite; an uncapped or inflationary supply behaves differently. This is information only, not investment advice.

Where to buy Optimism (OP)

Affiliate disclosure: some links below may be partner links. If you open an account through them, TheWeal may earn a commission at no extra cost to you. This never affects which exchanges we list or what we write. See our affiliate disclosure. Nothing here is financial advice – do your own research.

Always confirm an exchange operates legally in your country and supports OP before signing up. Crypto is volatile and largely unregulated; never invest more than you can afford to lose.

How to store Optimism

OP is an ERC-20 token on the Optimism network, held in any Ethereum-compatible self-custody wallet connected to Optimism. A hardware wallet is recommended for larger balances.

Your recovery phrase is the master backup — store it offline and never share it. This is general information, not financial advice.

Optimism (OP) FAQ

Is OP a good investment?

We don't give recommendations. OP is a governance token that does not directly capture network fees. Its value depends on ecosystem growth and governance decisions. Do your own research.

What is the OP Stack?

The OP Stack is open-source software for building Ethereum rollups, used by Optimism, Base and others to create a network of interoperable layer-2 chains called the Superchain.

How are TheWeal's OP predictions made?

Model-based scenarios from price history and volatility — not a forecast and not advice. See methodology.

Can I lose money holding OP?

Yes. Crypto prices can fall sharply. Never invest more than you can afford to lose.

Is Optimism a good investment?

We don’t give buy or sell recommendations. Whether any asset suits you depends on your own goals, time horizon and risk tolerance, and Optimism (OP) – like all crypto – is highly volatile and can fall sharply. Read our learn hub and methodology, then do your own research and consider speaking with a licensed financial adviser.

How is the Optimism price on this page sourced?

The Optimism (OP) price, market cap and 24-hour volume come from CoinGecko (with CoinPaprika as a fallback); the chart uses Binance daily closes. The time shown near the top of the page is when we last refreshed; figures can lag individual exchanges slightly. Full detail is in our methodology.

Disclaimer: Market data for Optimism is provided by CoinGecko and Binance and may be delayed. Price predictions on this page are model-based scenarios, not a forecast and not financial advice. Nothing here is a recommendation to buy, sell or hold any asset. Cryptocurrencies are highly volatile and you could lose your entire investment – always do your own research and consider speaking with a licensed financial adviser.