Tue, November 5

Will Optimism (OP) Gain Momentum in 2023? New Crypto Gem Rivals Its Trajectory

Will Optimism (OP) Press Release

While Ethereum remains the go-to layer 1 blockchain, the competition for Ethereum layer 2 solutions remains intensified. Here, we have projects like Polygon (MATIC), Arbitrum (ARB), and, of course, Optimism (OP).

The Optimism price has surged by over 50% in the past few weeks due to a mix of positive fundamental factors. But there’s a crypto gem that looks set to better this trajectory.

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Optimism (OP) Shows an Impressive Growth in Daily Active Addresses

Zora, a Web3 platform for creating NFTs, is now connected to the Optimism (OP) network. But there are more noteworthy developments for Optimism (OP).

Firstly, the general crypto market is bullish after news of BlackRock filing for a new Bitcoin exchange-traded fund. After some decline due to the SEC lawsuit against Binance and Coinbase, Optimism (OP) has recovered by 55% from $0.87 to $1.35.

Speaking of the SEC case, analysts have noted a competitive advantage for the cryptocurrencies not labeled by the regulator as securities. Optimism (OP) fits this description, meaning it wouldn’t face stricter requirements if the lawsuit went in the SEC’s favor.

As of 19 June 2023, Polkadot Insider reported that Optimism (OP) had a 77.1% growth in daily active addresses. The blockchain beat the likes of Ethereum (ETH), Cardano (ADA), and Polygon (MATIC), the same projects the SEC argues are securities.

If things go well for Optimism (OP) and the wider crypto market, the price would, at the very least, eclipse $2 this year.

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VC Spectra (SPCT) Offers Optimism in Asset Management

VC Spectra (SPCT) is the latest in the world of decentralized asset management. It’s a trustless platform that invests in sustainable blockchain and technology-focused ventures. Along with this, VC Spectra (SPCT) is a fund of specialized funds in sub-sectors within the latter industries.

VC Spectra (SPCT) aims to offer a seamless, accessible, and democratized platform for investing in the future of blockchain and technology. The same blockchain and technology give VC Spectra (SPCT) an edge over traditional asset management businesses.

Smart contracts are key in automating trading, handling funds, and the distribution of dividends. But this isn’t the only income stream VC Spectra (SPCT) can receive.

On top of this, investors can also get quarterly dividends by selling their shares back into the liquidity pool. However, this benefit is only for holders of SPCT, VC Spectra’s utility token.

Aside from quarterly dividends, SPCT holders have governance power where they can influence the platform’s ongoing and future direction. Also, SPCT offers discounted access to initial coin offerings before they become public.

So, how will VC Spectra (SPCT) rival the gains of Optimism (OP)? SPCT is currently worth $0.008, but the projected price target is $0.08, equaling an impressive 900% surge.

Stage 1 of VC Spectra’s (SPCT) presale has resulted in over $2 million in capital. Many more stages will occur, and as they do, the price is likely to increase. Thus, it’s the best time to invest in VC Spectra (SPCT).

Learn more about the VC Spectra presale here:

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A Professional HR with a huge interest in blockchain technology and cryptocurrency. Through her content writing skills, she became a passionate contributor to the crypto space. Being an active crypto enthusiast she is investing her time and experience into the digital sphere.