A lot of people like me must have seen their portfolio balances on a steady rise yesterday.
This put a huge smile on my face yesterday when I found out that it was one of the primary tokens for tipping writers and readers "optimism" that caused it.
Yes balances are still high, and optimism is still showing signs for me to be optimistic for further pump which is why I won't withdraw to swap to usdt for now.
A lot of things have been going on on the optimism Blockchain. The layer 2 roll up experienced a 35% surge just yesterday and is still currently holding strong on its current price.
But that aside, it is altcoin season, a lot of money is being pumped into altcoins and you sure don't want to miss out on the pump.
The optimism mainnet just achieved a $5 billion TVL and more exciting projects are building on optimism.
What is happening in cryptocurrency now is awesome
There has been a narrative shift away from ETH in favor of scalable L1s such as SOL, AVAX, NEAR & EGLD
Validating the criticisms of ETH's "L2 scaling" roadmap.
We are watching the collapse of the ETH narrative in real time. I know some will say “it’s different”, and of course it is, but if Solana can become decentralized enough to replace Ethereum, then I see no reason why Solana tokens can’t become hard enough to replace Bitcoin.
The big money will always go where utility is. Mainstream utility demand > speculative trading demand. Not only will it be more sustainable, it will be even more powerful. But all of these is anchored on a big "if"
Hope you learnt something today, I am ticktalker and I always post crypto/educative contents.
Making each day count in the world of crypto is crucial for success. Plan, research, and learn to stay ahead. Keep pushing, legends! 💪💯
Until next time, stay SAFU.
Please whatever is written in the article above is for educative purposes only. I am not a financial advisor.
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