1 year ago
The Optimism layer-2 web did little than 300,000 transactions per time astir the clip of the upgrade, but this accrued to implicit 500,000 afterward.
Transactions connected the Optimism (OP) web surged 67% aft its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread from blockchain analytics steadfast Nansen. The web was doing little than 300,000 transactions per time earlier the upgrade, but this accrued to implicit 550,000 by the mediate of June.
Since Optimism's Bedrock upgrade connected June 6
Its regular transactions person accrued by astir 67% to ~500k
And state fees are reduced by astir 50% to ~$50k pic.twitter.com/9ACIMMFHbl
Optimism, a furniture 2 of Ethereum, implemented its Bedrock hard fork connected June 6. It was intended to trim deposit times and fees, arsenic good arsenic summation the network’s security. According to the June 26 Nansen report, regular fees person fallen from $80,000 worthy of Ether (ETH) close earlier the upgrade to lone $50,000 successful precocious June.
Optimism saw a crisp summation successful transactions instantly aft the hard fork, rising to implicit 400,000 from astir June 5-9. Volume roseate slower aft the archetypal spike, reaching a highest of implicit 550,000 connected oregon astir June 15. It past started to autumn slowly, reaching 500,000 transactions per time by the extremity of the clip information was collected astir June 23, according to a illustration posted successful Nansen’s Twitter thread.
Related: Binance’s BNB Chain introduces layer-2 testnet powered by Optimism
The apical Optimism app starring up to the study was the decentralized credential protocol Galaxe, which did implicit 528,000 transactions implicit the week. Stablecoin US Dollar Coin (USDC) had the second-highest transaction number astatine implicit 170,000. The remaining apical 5 apps connected Optimism included the Stargate Finance cross-chain bridge, futures trading app Perpetual Protocol, and Gnosis Safe multi-sig wallet.
The Bedrock upgrade was portion of a broader acceptable of proposals to make a “Superchain” consisting of aggregate blockchain networks that trust connected the aforesaid bundle for information and interoperability. Coinbase confirmed that its Base web would articulation Optimism arsenic portion of the Superchain. The Base squad announced a “Path to Mainnet” oregon preliminary roadmap connected May 24.
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