Amid the recent altcoin bullish breakout, Optimism (OP) gained nearly 140 percent last December to reach an ATH at around $4.13.
The Optimism network plays a crucial role in enabling the Ethereum network to scale securely, thus onboarding more web3 developers to the largest smart contract ecosystem.
Optimism (OP) network, an Ethereum-based layer two scaling solution that uses optimistic rollups, has continued to make notable waves in the web3 industry. With Ethereum co-founder emphasizing the importance of secure and scalable layer two scaling solution, Optimism has grown to the second biggest L2 on the Ether network with a $887 million in Total Value Locked (TVL) and more than $621 million in stablecoins market cap.
Some of the top decentralized financial (DeFi) applications using the Optimism network include Synthetics with nearly $300 million locked, AAVE V3, Uniswap V3, Velodrome, Stargate cross-chain protocol, and Sonne Finance, among many others. 
The notable Optimism growth is

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