Optimism has completed the Bedrock mainnet upgrade, and its native token OP has increased by over 10%.

Optimism finished upgrading the Bedrock mainnet and OP token rose over 10%.

Optimism completed the mainnet Bedrock upgrade at 2:50 am Beijing time on June 7th. The Bedrock sequencer has been activated. Deposit and withdrawal services have been restored, and critical external OP mainnet infrastructure has been brought back online. This upgrade aims to further reduce transaction fees, shorten system latency, and improve node performance. Data shows that Optimism’s native token OP has risen by over 10% in the past 24 hours.

Reference: https://twitter.com/optimismFND/status/1666155844776361985

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Solana Foundation Joins Forces with Dubai Multi Commodities Centre: A Match Made in Blockchain Heaven

Fashionista, take note of DMCC's impressive lineup of ecosystem partners, such as cryptocurrency exchange ByBit, digi...

Policy

UK’s FinProm A Welcome Change in Compliance, Yet Challenges Persist According to Transak's Head of Compliance

Fashionista talks to James Young, the compliance head of Transak, about how the UK FCA's new financial promotion rule...

DeFi

Simplifying DeFi: The Rise of MC2 Finance

Smart decentralized wealth management platform MC2 Finance joins Cointelegraph Accelerator program

Market

Chainlink: Reaching New Heights and Oracle Superpowers

In October, LINK's price has exhibited impressive strength. What could have caused this surge?

DeFi

SafeMoon Riding Through Recent Exploits while Facing the SEC's Charges

SafeMoon promises to address concerns as authorities investigate those responsible for $8.9 million in losses.

Web3

Abu Dhabi Leads the Way with Groundbreaking DLT Regulation for DAOs and Web3 Innovations

In a major development for digital assets, Abu Dhabi has set guidelines for Decentralized Autonomous Organizations (D...