Optimism 31.34MM Token Unlock
On November 30, 2024, at 12 AM UTC, Optimism will unlock approximately 31.34 million tokens, accounting for about 1.89% to 2.5% of its circulating supply. This token unlock event is a significant part of Optimism's tokenomics, involving the release of previously vested tokens to holders. The event details can be tracked through sources such as Tokenomist and Gatenode where exact supply and valuation metrics are updated. Recent News In the last three months, Optimism has continued to develop its Layer 2 scaling solutions on Ethereum, with key partnerships and integrations aimed at expanding its ecosystem. The project has focused on increasing adoption by onboarding more decentralized applications (dApps) and enhancing protocol upgrades to improve scalability and user experience. Future Plans Going forward, Optimism plans to further deploy network upgrades to reduce transaction costs and improve throughput. The team is also exploring additional DeFi integrations and expanding its ecosystem to become the leading Ethereum Layer 2 solution. Onchain Data Tokens unlocked: 31,340,000 ÷ circulating supply (exact percentage varies between 1.89% to 2.5% based on source estimates) Community Sentiment Mixed to Neutral sentiment observed on social channels. Some community members express cautious optimism about the unlock's potential to increase token liquidity and project growth. Others voice concerns about potential sell pressure impacting short-term price. Sample community reactions: "Looking forward to seeing how the unlock boosts Optimism's adoption." "Hope the tokenomics hold steady after this large unlock event." "Market might react volatile, let's wait and see." Risk Disclaimer This token unlock event could potentially impact Optimism's token price due to an increase in circulating supply. Investors should monitor market conditions and tokenomic effects carefully. Sources used https://tokenomist.ai/optimism https://www.gatenode.ch/upcoming-event/token-unlock/9075 https://academy.darkex.com/analysis/cryptoeconomic-calendar/november-16-22-2024-darkex-cryptoeconomic-calendar/
Optimism
September 30

