Analyze Optimism during July as markets were getting turbulent, showing whatever metrics you care to unearth.

You can choose any topic you’d like: How did the network perform? What about market performance? Were there significant inflows or outflows on bridges? Were there any notable patterns in user behavior?

Info

Optimism uses advanced data compression techniques to speed up and cut the costs of Ethereum transactions. They do so by a technique known as called Optimistic Rollups, where multiple transactions are “rolled up” into one transaction and settled on another cheaper blockchain.

Price

\

• The highest price of the Op over the past month was on

  July 30th. On this day, the price of OP was 1.75 USD.

• On July 30th, the price of ETH was 1711 USD.

• As the chart shows, the price of OP almost depends on the ETH price. When the price of the ETH increases, the price of the OP also increases.

• Over the past month, the value of OP was above one USD on July 28th. On this day, the value of OP was 1.22 USD compared to the previous day, when the price of OP was 0.87, OP value growth noticeably.

Failed and success transactions

• The number of failed transactions on Ethereum was more than Arbitrum and Optimism.

• The highest number of failed transactions was on July 18th. On this day, around 52k transactions had failed in Ethereum, 14.91 k in Optimism, and 8805 transactions failed on Arbitrum.

• Also, the number of successful transactions was more on the ETH chain.
• The highest number of successful transactions was on July 26th.
• On this day, 1.6 million successful transactions belonged to Ethereum, 108k on Optimism, and 86.7k on Arbitrum.

Transactions

\

• In total, the number of transactions was more on Ethereum compared to Arbitrum and Optimism.

• The highest number of transactions was on July 26th, with: 1.64 million on Ethereum, 108k on Optimism, and 86.7k on Arbitrum.

• The highest number of transactions on Optimism was on July 29th, with 233.3k.

• The highest number of transactions on Arbitrum was on July 18th, with almost 107.5k.

Per Hour

\

• The average number of transactions on Ethereum was more than the two other chains.

• The highest average transactions number was on July 26th.

  On this, the average number of transactions per hour in Ethereum was 68.3k, Optimism was 4506 and Arbitrum was 3612.

• The highest number of transactions per hour was on July 29th, with 9721 transactions.

• The highest average of transactions per hour was on July 18th with 4478.

Per minute

The highest number of transactions per minute also was on July 26th with: 1139 in Ethereum, almost 75 in Optimism and 60 in Arbitrum.

• The highest number of transactions per minute in Optimism was on July 29th with 162.

Per second

\

• The average number of transactions per second was the most on July 26th.

  The average number of transactions on Ethereum was almost 19 per second, on Optimism was 1.2 and on Arbitrum was 1.

  \

• The average number of transactions on Optimism was the most on July 29th, with 2.7 transactions.

  \

• The highest number of transactions per second was on July 18th, with 1.2 transactions on average per second.

Week’s day

• Most transactions happened on Fridays.

On average, 1.14 million transactions in Ethereum, almost 11k transactions on Optimism, and 64.5k transactions happened on Fridays.

• The second day, that had noticeable transactions over the week was Saturday, with an average of 1.2 million transactions on Ethereum, 110k on Optimism, and 96.2k on Arbitrum.

Users

Add Text Here

New users vs. old users

Add Text Here

Inflow and Outflow

Number of users

\

• The highest number of users who deposited assets was on July 29th, with 309.

• The highest number of users who withdrew their assets was also on July 29th. The number of users who had outflow transactions was 380 on this day.

Number of transactions

• The highest number of outflow and inflow transactions was on July 29th. On this day, of all the transactions 453 transactions were outflow and 359 transactions were inflow.