{"id":56687,"date":"2025-07-28T11:21:43","date_gmt":"2025-07-28T11:21:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/optimism-price-spikes-as-op-lands-on-south-koreas-largest-crypto-exchange\/"},"modified":"2025-07-28T11:21:43","modified_gmt":"2025-07-28T11:21:43","slug":"optimism-price-spikes-as-op-lands-on-south-koreas-largest-crypto-exchange","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/optimism-price-spikes-as-op-lands-on-south-koreas-largest-crypto-exchange\/","title":{"rendered":"Optimism price spikes as OP lands on South Korea\u2019s largest crypto exchange"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/omni-price-surge-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/omni-price-surge-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/omni-price-surge-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/omni-price-surge-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li><span style=\"font-weight: 400;\">Optimism price increased by more than 13% to highs of $0.84 amid gains for PancakeSwap, Ethena and SPX6900.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Upbit, South Korea\u2019s leading crypto exchange, announced the listing of the Ethereum layer 2 scaling solution\u2019s native token OP.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The price of OP could explode 100% as bulls eye $2.<\/span><\/li>\n<\/ul>\n<p>Optimism (OP) price is up double-digits, mirroring moves by <a href=\"https:\/\/coinjournal.net\/news\/pancakeswap-jumps-on-200-volume-spike-and-infinity-launch\/\">PancakeSwap<\/a>, Ethena and SPX6900 as top altcoins by 24-hour gains.<\/p>\n<p>Gains for the native token of the Ethereum layer 2 scaling solution come amid a major boost from Upbit, South Korea\u2019s dominant crypto exchange.<\/p>\n<p>With new trading pairs set to launch for OP, price could follow.<\/p>\n<h2>South Korea\u2019s Upbit adds support for Optimism<\/h2>\n<p>Upbit, a titan in South Korea\u2019s crypto landscape, is <a href=\"https:\/\/x.com\/Official_Upbit\/status\/1949690917872681009\" target=\"_blank\" rel=\"noopener\">rolling out<\/a> new trading pairs for Optimism (OP).<\/p>\n<p>The exchange said this in an official announcement posted earlier today.<\/p>\n<p>In it, Upbit confirms that trading support will kick off at 16:30 KST, bringing massive trading volume and liquidity to OP.<\/p>\n<p>With South Korea being a big crypto market, this news has buoyed OP\u2019s daily volume and price.<\/p>\n<p>As noted, Optimism has managed an impressive 13% spike from its recent trough of $0.71 to a peak of $0.84.<\/p>\n<p>The surge is accompanied by a staggering 420% spike in trading volume, which surged past $700 million.<\/p>\n<p>It\u2019s a reaction that reinforces Upbit\u2019s reputation as one of crypto\u2019s biggest exchanges by daily volume.<\/p>\n<p>The listing may bolster bulls and bring new highs into the picture.<\/p>\n<p>OP has also traded higher in recent weeks after $956 billion asset manager Hamilton Lane expanded its flagship fund, Senior Credit Opportunities Securitize Fund (SCOPE), to Optimism and the Ethereum mainnet.<\/p>\n<h2>Optimism price forecast: Another 100% gain for OP?<\/h2>\n<p>As the crypto market holds onto bullish sentiment and analysts say altcoin season is yet to unfold, one of the coins to watch is Optimism.<\/p>\n<p>The OP token teeters on the verge of a breakout, with Upbit\u2019s listing a potentially huge catalyst.<\/p>\n<p>Notably, the exchange\u2019s vast user base and low 0.05% KRW trading fees could propel OP into the spotlight, potentially attracting both retail and institutional players.<\/p>\n<p>A look at technical indicators shows bulls have an upper hand.<\/p>\n<figure id=\"attachment_324979\" aria-describedby=\"caption-attachment-324979\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-324979\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/07\/OPUSD_2025-07-28_12-01-04.png\" alt=\"\" width=\"1057\" height=\"546\"\/><figcaption id=\"caption-attachment-324979\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/OPUSD\/\" target=\"_blank\" rel=\"noopener\">Optimism price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>The daily chart has a rising Relative Strength Index (RSI), which signals robust buying pressure.<\/p>\n<p>OP\u2019s price outlook is also positive as indicated by the Moving Average Convergence Divergence (MACD), currently sporting a bullish crossover.<\/p>\n<p>While Optimism price hovers near $0.82 at the time of writing, upside momentum amid fresh retail demand could help push it past $1.<\/p>\n<p>The token last traded at highs of $1.2 in April. If buyers reclaim this level, a break to $2 and YTD peak of $2.1 is likely.<\/p>\n<p>However, if sellers emerge amid the Upbit listing-driven hype, primary support levels are around $0.74 and $0.68.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-4.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/optimism-price-spikes-as-op-lands-on-south-koreas-largest-crypto-exchange\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Optimism price increased by more than 13% to highs of $0.84 amid gains for PancakeSwap, Ethena and SPX6900. Upbit, South Korea\u2019s leading crypto exchange, announced the listing of the Ethereum layer 2 scaling solution\u2019s native token OP. The price of OP [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":56688,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/56687"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=56687"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/56687\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/56688"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=56687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=56687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=56687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}