Optimism (OP) Latest Crypto Analysis Report – Oct 16, 2026, 2:52 PM UTCOptimism (OP) up 3.7% vs yesterday's close, 97% below its record
Updated Oct 16, 2026, 2:52 PM UTCOptimism (OP) is +6.44% over 24 hours with a market cap of $328.10 million (rank #136).
Optimism is more than just a single blockchain – it's a growing network of chains called the Superchain, all built on the open-source OP Stack. While OP Mainnet was the first, many prominent chains now run on the Optimism’s OP Stack, including Base (by Coinbase), Unichain (by Uniswap), Ink (by Kraken), and World Chain (by Worldcoin). The OP Stack has become the leading framework for Ethereum Layer 2 chains, powering the majority of L2 activity today. Every OP Chain in the Superchain contributes back to the Optimism Collectiv and all chains follow a standardized revenue-sharing model: the greater of 2.5% of total chain revenue or 15% of onchain profit (defined as fees minus L1 gas costs) is paid back to the Optimism. By aligning economic incentives across many chains, Optimism transforms Ethereum scaling into a sustainable flywheel by delivering fast, low-cost transactions while reinvesting in the future of the ecosystem. OP holders participate in governance to shape protocol upgrades, funding decisions, and more.
| Item | Detail |
|---|---|
| Category | Smart Contract Platform, Optimism Ecosystem, Layer 2 (L2), Paradigm Portfolio |
| Hashing algorithm | Not applicable (token) |
| Official website | www.optimism.io |
| Chain | Contract |
|---|---|
| optimistic-ethereum | 0x4200000000000000000000000000000000000042 |
| Metric | Value |
|---|---|
| Price | $0.1428 |
| 24h change | +6.44% |
| 24h high / low | $0.1435 / $0.1345 |
| 24h trading volume | $122.45 million |
| Market cap | $328.10 million |
| Market cap rank | #136 |
| Fully diluted valuation | $612.79 million |
| Circulating supply | 2,299,624,975 OP |
| Total supply | 4,294,967,296 OP |
| Max supply | 4,294,967,296 OP |
| 7d / 30d / 1y change | +16.89% / +51.46% / -69.04% |
| All-time high | $4.84 on 2024-03-06 (-97.05% from ATH) |
| All-time low | $0.08069 on 2026-08-18 (+76.92% from ATL) |
Daily closes, 2025-10-17 to 2026-10-16: low $0.08210, high $0.4647.
| Date (UTC) | Close | Change | Volume |
|---|---|---|---|
| 2026-10-16 (live) | $0.1428 | +3.75% | $122.45 million |
| 2026-10-15 | $0.1376 | -2.34% | — |
| 2026-10-14 | $0.1409 | -11.10% | — |
| 2026-10-13 | $0.1585 | +21.08% | — |
| 2026-10-12 | $0.1309 | -8.91% | — |
| 2026-10-11 | $0.1437 | +3.16% | — |
| 2026-10-10 | $0.1393 | +5.13% | — |
| 2026-10-09 | $0.1325 | +11.34% | — |
| 2026-10-08 | $0.1190 | -3.33% | — |
| 2026-10-07 | $0.1231 | -5.67% | — |
| 2026-10-06 | $0.1305 | -5.84% | — |
| 2026-10-05 | $0.1386 | +3.28% | — |
| 2026-10-04 | $0.1342 | -1.61% | — |
| 2026-10-03 | $0.1364 | +7.23% | — |
| 2026-10-02 | $0.1272 | -0.70% | — |
| 2026-10-01 | $0.1281 | -1.16% | — |
| 2026-09-30 | $0.1296 | +0.54% | — |
| 2026-09-29 | $0.1289 | -4.02% | — |
| 2026-09-28 | $0.1343 | -10.11% | — |
| 2026-09-27 | $0.1494 | +3.82% | — |
| 2026-09-26 | $0.1439 | -1.71% | — |
| 2026-09-25 | $0.1464 | +11.42% | — |
| 2026-09-24 | $0.1314 | +6.83% | — |
| 2026-09-23 | $0.1230 | -9.09% | — |
| 2026-09-22 | $0.1353 | +6.12% | — |
| 2026-09-21 | $0.1275 | +1.92% | — |
| 2026-09-20 | $0.1251 | +2.88% | — |
| 2026-09-19 | $0.1216 | +0.83% | — |
| 2026-09-18 | $0.1206 | +19.41% | — |
| 2026-09-17 | $0.1010 | +5.43% | — |
A dated, factual note for every day: the move vs the prior day, vs the 7, 30 and 200-day averages, volume vs average and distance from the all-time high. Newest first.
Oct 16, 2026
Oct 15, 2026
Oct 14, 2026
Oct 13, 2026
Oct 12, 2026
Oct 11, 2026
Oct 10, 2026
Optimism is trading at $0.1428 as of Oct 16, 2026, 2:52 PM UTC, +6.44% over 24 hours (CoinGecko).
$328.10 million, ranked #136 by market cap.
$4.84, set on 2024-03-06. It is -97.05% from that level now.
2,299,624,975 OP circulating out of a max supply of 4,294,967,296.
Information only. Not financial or investment advice and not a recommendation to buy, sell or hold any asset. No price predictions. Data: CoinGecko; may be delayed or inaccurate.