Enhancing Interoperability and Innovation: Binance Supports Optimism Network Upgrade

Binance to Support Optimism’s Network Upgrade

Binance has announced its support for Optimism’s (OP) network upgrade, a significant step in the development of the OP protocol.

In an official statement, Binance wrote that it would handle all technical requirements for the hard fork, ensuring a seamless experience for users. The exchange also noted that OP trading on its platform will remain unaffected during the upgrade process.

The Optimism network upgrade is a major milestone for the project, aiming to drive interoperability and innovation in the ecosystem while improving user experience and scalability performance. Binance’s support further boosts the overall sentiment around Optimism.

Notably, the OP token has seen significant upside momentum, jumping 15% in the past week alone. Despite this growth, it is still trading at a considerable discount from its all-time high of $4.84, which was reached in March 2024.

Source: coinjournal.net