- The Mint secured an enormous $1.35 million from Optimism.
- The funds shall be used to “empower builders” and produce new customers to Mint.
- IMX's L2 token skyrocketed by 6.35% in 24 hours, whereas OP rose by 0.33%.
Mint blockchain, an Ethereum Layer 2 blockchain centered on the non-fungible token (NFT) business, introduced a significant grant of 750,000 OP, equal to $1.35 million, from Optimism, one other Layer 2 blockchain constructed on Ethereum.
In accordance with Mint's put up on X (previously Twitter), Optimism has awarded funding in spherical 28. Mint is the one Superchain to have obtained funding on this spherical. An in depth roadmap outlining the longer term initiatives of the blockchain challenge shall be launched quickly. The funds will help builders and new customers on Mint.
Mint additionally inspired builders to construct on the blockchain and share concepts by the Mint developer discussion board. The objective of the OP Grant is to encourage developer development and consumer engagement throughout the Mint ecosystem.
It is very important be aware that Optimism obtained 53 functions for cycle 28 and accredited solely eight, with two pending approval.
Efficiency of OP and L2 tokens
In accordance with knowledge from CoinMarketCap, the OP token has gained 6.7% within the final 24 hours and was buying and selling at $1.76 on the time of writing. With a market cap of $2.21 billion, OP ranks because the second largest cryptocurrency on Tier 2 with a buying and selling quantity of $138.85 million. The altcoin is up 13.14% within the final 30 days.
However, Immutable (IMX), the biggest L2 coin by valuation, is up 6.35% within the final 24 hours and is buying and selling at $1.66. The cryptocurrency climbed 23.50% within the final 30 days and 213.45% since October 2023. IMX has a market cap of $2.72 billion.
Different notable altcoins within the L2 ecosystem embody Mantle (MNT), up 7.38% over the previous week; Arbitrum (ARB), buying and selling at $0.5639, up 4.51% within the final 24 hours; and Starknet (STRK), down 81.33% since October 2023.
Disclaimer: The knowledge supplied on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any form. Coin Version shall not be chargeable for any losses incurred on account of the usage of stated content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.
