Ethereum’s co-founder Vitalik Buterin’s posts impact altcoin prices. He recently praised a popular layer2 solution. This caused a slight increase in the altcoin price. Why does Vitalik Buterin welcome and appreciate it?
Optimism (OP) Coin
Popular Ethereum layer2 solution OP Coin experienced a brief rise despite BTC price drops. This was due to Vitalik Buterin’s recent appreciation post on Warpcast. Sometimes Vitalik shares such posts; recently, he did the same for ENS Coin, and we saw its price increase.
Vitalik wrote the following for Optimism:
“Optimism has joined the club of L2s that have passed another milestone. Welcome. I mean the club of layer2 solutions where proof systems are truly functional.
I look forward to many more L2s joining this club soon, especially some zero-knowledge proof (ZK) networks.”
Following the news, OP Coin price saw a short-term increase. In the long term, Vitalik’s appreciation could be beneficial.
