Coinbase, a leading US-based crypto exchange, announced the testnet launch of a new Ethereum layer-2 network – Base. The L2 network is powered by Optimism, another well-known Ethereum L2 blockchain. The L2 network will offer “a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps or “dapps” onchain”. Moreover, the crypto exchange clearly […]
Coinbase, a leading US-based crypto exchange, announced the testnet launch of a new Ethereum layer-2 network – Base. The L2 network is powered by Optimism, another well-known Ethereum L2 blockchain. The L2 network will offer “a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps or “dapps” onchain”.
The announcement has given a boost to Optimism’s price in the market. According to CoinMarketCap, Optimism was trading at $2.96 at press time and had registered a rise of over 4% in the past hour. Additionally, OP has seen an uptrend of over 20% in the past 24 hours and had a market cap of over $696 million.Subscribe to get it daily in your inbox.
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