Optimism (OP) saw a 22% surge after Coinbase announced its Ethereum layer 2 called Base, which runs on the Optimism chain. Despite a relatively long top wick on the daily candle due to profit-taking, OP's year-to-date gains are still at 218%, compared to Bitcoin's 45%. Optimism's OP Stack architecture runs the Base layer 2, and Optimism can collect a percentage of the Base transactions fees, bringing the Superchain vision one step closer. Coinbase did not incorporate a token and will use Ethereum as the native gas token.
