Optimism (OP) Price Jumps Nearly 20% as Unichain Moves to OP Enterprise

Despite a 30-day gain of 64%, the token still sits roughly 68% below its price from a year ago and 97% below its all-time high. OP, the native token of Optimism, climbed nearly 20% at one point in the last 24 hours after Uniswap announced that Unichain will hand its production operations to OP Enterprise. The rally came as Bitcoin and several major altcoins faced renewed selling pressure, giving OP a rare boost. Unichain Handover Sends OP Higher CoinGecko reported in a post on October 14 a 19.4% daily gain for OP that took it to $0.1621, linking the move to Uniswap’s announcement that Unichain would transition to OP Enterprise. However, at the time of writing, it had given up some of those gains and was trading at around $0.156, still a 14% jump in 24 hours and 28% in seven days. It also gained 64% in 30 days but remains down nearly 68% from a year ago. Trading activity also rose alongside the price. OP recorded around $226 million in 24-hour volume, a 128% increase from the previous day. The last time the token went higher than it did today was in mid-May when it touched $0.166. Uniswap’s October 9 announcement explained that Unichain’s testnet migration was scheduled for October ...