At a time when cryptocurrencies are witnessing a wave of collective rises, one of the cheap cryptocurrencies succeeded in recording strong rises that enabled it to take the lead in the rises of the 100 largest cryptocurrencies.

Optimism OP currency jumped during today’s trading by more than 14%, while the currency has risen since the beginning of the year by more than 260%.

The recent OP coin rally followed news of a new 1 million OP token bounty for Lido Finance users.

beyond the climb
According to the news, Lido Finance and OptimSum will roll out a new liquidity migration incentive program, as part of the LidoOnLayer2 initiative, which seeks to improve liquidity for Lido Finance’s Ethereum (stETH) product.

AOB is the governance token for optimism, a Layer 2 scaling solution that uses aggregations to help scale the Ethereum network by moving activity from the mainnet, and aggregating it.

Lido Finance is the largest liquid trading platform on the market, allowing users to deposit a variety of Proof of Stake (PoS) tokens and earn rewards for doing so.

“The significance of the new contract is that it gives Lido more liquidity and accessibility by incentivizing significant liquidity on the optimSum token, boosting adoption and contributing to the security of the ecosystem,” said Jacob Blech, Head of Business Development and Partnerships at Lido.

“Oop” now
“OB” rises by more than 14%, reaching levels near $ 2.9, to jump the symbol to rank 73 among the largest digital currencies in terms of market value.

Trading volumes on the AUB token increased by more than 30% to $521 million, while the token’s market capitalization surged to levels near $670 million.

The “OB” currency rose by 8% in one week, while it jumped by 55% in one month and more than 210% in two months, while it rose by 220% in 9 months and by 260% since the beginning of the year.

The “OB” currency succeeded during the 2023 trading in achieving dollar levels, after it rose at the beginning of this year from levels near $0.81, to exceed the levels of two dollars and head towards the $3 level.

about “op” symbol
OB Token is a blockchain that is based on the Ethereum safety net and helps scale the Ethereum ecosystem.

The best cryptocurrency exchanges for trading in Optimism Token are currently Binance, BingX, OKX, Deepcoin, and Bybit.