• Kucoin pronounces Optimism’s long-awaited Bedrock Improve.
• This improve will scale back protocol and safety charges for customers by as much as 47%.
• Influencers predict optimistic momentum for OP, the governance token of Optimism.

In a current tweet, the Kucoin cryptocurrency trade introduced that its Layer2 community, Optimism, is gearing up for the long-awaited Bedrock Improve. This improve is predicted to revolutionize optimism by enhancing scalability, safety and effectivity, and finally form the way forward for Ethereum.

Coming subsequent week, Bedrock Improve will scale back protocol and safety charges for customers of the Optimism platform. A current weblog put up from Optimism highlighted that the improve might result in a staggering 47% discount in protocol and safety prices.

This improvement has already had a optimistic influence on OP, the governance token of the ecosystem, with a slight 3.7% improve in worth over the previous 24 hours. The uptrend got here after his tough month for the OP, throughout which the worth of his token fell by greater than 30%, in accordance with knowledge from his CoinMarketCap, a preferred market tracker.

A cryptocurrency influencer shared his evaluation on Twitter, stating that the OP has efficiently damaged via the downtrend resistance at $1.34. He predicts {that a} reversal is underway, with a possible worth goal for Optimism’s token within the $1.80 to $2.20 vary over the following 15 days.

For long-term holders of OP Coin, influencers counsel the worth might rise above $4 if held for 3 to 6 months. This optimistic evaluation by a cryptocurrency influencer has traders hoping that the optimistic momentum round OP will proceed, which might result in a major rally within the close to future.