Optimism is a layer-2 scaling solution that operates as a separate blockchain constructed on high of Ethereum. No topic having a smaller total worth locked (TVL) than its competitors, Optimism must aloof maintain the functionality to thrive within the an increasing number of competitive decentralized finance (DeFi) landscape.
Being one in every of the pioneers within the DeFi rental, Optimism before all the pieces won an edge but had to take care of fierce competitors. The mission has been trailing within the encourage of totally different scaling alternate ideas in phrases of every single day transactions for the previous six months. Alternatively, in gradual July, the project modified, as Optimism lastly overtook its foremost competitor, Arbitrum, and is showing indicators of rising quiz from customers.