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- Mint has secured a large $1.35 million from Optimism.
- The funds will likely be used to “empower builders” and produce new customers to Mint.
- L2 token IMX skyrocketed 6.35% in 24 hours whereas OP was up 0.33%.
Mint blockchain, an Ethereum Layer 2 blockchain targeted on the non-fungible token (NFT) trade, introduced a big grant of 750,000 OP, equal to $1.35 million, from Optimism, one other Layer 2 blockchain constructed on Ethereum.
In keeping with Mint’s submit on X (previously Twitter), Optimism awarded the funding as a part of Cycle 28. Mint is the one Superchain to obtain funding on this spherical. An in depth plan outlining the blockchain mission’s future initiatives will likely be launched quickly. The funds will help builders and onboard new customers on Mint.
Mint additionally referred to as upon builders to construct on the blockchain and share concepts via the Mint developer discussion board. The OP Grant goals to incentivize developer progress and consumer engagement inside the Mint ecosystem.
You will need to be aware that Optimism acquired 53 purposes for Cycle 28 and permitted solely eight, with two pending approval.
OP and L2 Token Efficiency
In keeping with the info from CoinMarketCap, OP token gained 6.7% up to now 24 hours, 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 Layer 2 cryptocurrency, with a buying and selling quantity of $138.85 million. The altcoin rose 13.14% up to now 30 days.
Then again, Immutable (IMX), the biggest L2 coin by valuation, elevated 6.35% up to now 24 hours and trades at $1.66. The cryptocurrency has climbed 23.50% up to now 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% up to now week; Arbitrum (ARB), buying and selling at $0.5639, up 4.51% up to now 24 hours; and Starknet (STRK), down 81.33% since October 2023.
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