Surge of Optimism
The price of Optimism ($OP) fell sharply in early November, dropping from highs above $1.30 on November 6 to as low as $0.79 on November 9. In the weeks since prices have been on the rise, with OP hitting $1.19 on December 14. Here, the goal is to analyze the Optimism Network to identify some of the possible reasons for the sudden drop and slow rise in the $OP price in recent weeks.