Optimism ecosystem has been a bit hot these days. $OP has increased by 3.37%, outperforming the entire crypto market by 1.4 percentage points.

The main reasons are twofold. One is recent Ethereum upgrades that have opened up Blob space capacity, which has a pretty direct impact on Layer 2 — transaction fees are noticeably lower, and packing speeds are faster, enhancing the overall competitiveness of L2. The other is new moves from institutions; although the details haven't been fully disclosed yet, the market response has already been reflected.

From a technical perspective, the doubling of Blob capacity is a tangible positive for L2 projects like OP. Users will feel the benefits in lower fees and faster speeds, which will certainly help attract long-term interest to the ecosystem. Whether the short-term gains can be sustained depends on subsequent institutional actions and overall market sentiment.