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Key Takeaways:
- Optimism (OP) jumped 10% following its listing on South Korea’s Upbit, accompanied by a 200% increase in trading volume.
- The Superchain Upgrade is enhancing OP’s network efficiency and interoperability, boosting investor confidence.
- OP is up 52% for the month, making it one of the top-performing DeFi tokens in July 2025.
Optimism (OP), the native token of the Ethereum Layer-2 scaling protocol, is seeing strong bullish momentum after a major listing on South Korea’s Upbit exchange. The OP token rose over 10% in a single day, breaking above $0.80 amid a 200% jump in daily trading volumes.
Upbit Listing Triggers OP Price Rally
On July 28, Upbit, one of South Korea’s largest crypto exchanges, officially announced the listing of Optimism (OP) for trading against KRW, BTC, and USDT. The listing went live at 16:30 KST, with deposits and withdrawals enabled shortly after.
This high-profile exchange listing significantly boosted OP’s liquidity and visibility in the Asian markets. As a result, the token saw a spike in buying activity, sending its price upward and drawing fresh investor attention across the crypto community.
OP Trading Volume Surges Past $340 Million
The liquidity injection from Upbit has led to a dramatic surge in OP’s 24-hour trading volume, surpassing $340 million—a 200% increase. The sharp upside also helped OP recover losses from the previous week, contributing to a 52% gain in the monthly chart.
This price action positions Optimism among the top-performing DeFi tokens in July, with bullish sentiment also fueled by broader crypto market gains driven by macro developments like the US-EU trade deal.
Superchain Upgrade Enhances Network Interoperability
Beyond the exchange catalyst, Optimism’s latest price rally is underpinned by strong fundamentals—namely, the successful deployment of its Superchain Upgrade 16. The upgrade introduces critical smart contract improvements that align the OP Mainnet and other supported chains like Base, Mode, and Zora with L2Beat’s Stage 1 decentralization benchmarks.
Key highlights include increased gas limits to 500 million per block and enhanced security features, significantly boosting the scalability and throughput of applications built using the OP Stack.
Also Read: Toncoin (TON) Price Eyes 21% Rally as $400M Treasury Launch Sparks Investor Optimism
The recent developments are sparking renewed optimism in the broader OP ecosystem. Anticipation around upcoming DeFi project launches, coupled with improved infrastructure and liquidity, is drawing traders and long-term investors alike to the token.
With the Layer-2 race heating up, Optimism’s combination of technology upgrades and growing adoption could help it secure a larger share of the Ethereum scaling market.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
