Optimism (OP) Trades at $0.12 After 97% Crash: Is a 4,000% Recovery Actually Possible?

TLDR: Optimism (OP) has declined 97.76% from its $5 cycle high, now trading near a key demand zone at $0.12. Analysts flag a weekly close above $0.3764 as the first confirmed bullish signal for an OP recovery move. The OP Stack powers 34+ chains and handles over 50% of Ethereum Layer-2 activity, per on-chain data. [...]

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