The beginning of this week saw a decline in the overall market capitalization of cryptocurrencies, dropping from $1.6 trillion to $1.5 trillion, indicating a day-on-day decrease of over 5.
This market downturn did not spare the native token of the Ethereum-based layer-2 Optimistic Rollup network, OP. Due to the broader market decline, OP incurred weekly losses of over 20. Despite this, a substantial number of token holders maintained a profitable position.
Optimism (OP) Poised for More Growth?
According to the most recent analysis by Intotheblock, over 80 of OP token holders fall into this category.
Despite suffering a price decrease of nearly 20 in the last 7 days, over 80 of $OP holders remain in profit.
