Native token prices for projects using Optimism’s Tier 2 Ethereum scaling solution rose about 20% after rumors of a token giveaway spread in the cryptocurrency community.
Optimism is a Level 2 scaling solution that uses Optimistic deployments to process a large number of transactions outside of the Ethereum blockchain. The project boasts that it can process transactions 500 times faster than Ethereum’s Tier 1.
Rumors of a possible airdrop of tokens for Optimism project users began circulating on Twitter after the blockchain team published a post about moving to a “new chapter.”
The last part of the post stated that the project was not only moving to a new stage of development, but mainly giving priority to the community.
Renowned token giveaway hunter OlimpioCrypto suggested that Synthetix SNX token could potentially get into the airdrop. His assumption is based on the fact that SNX was the first protocol to start working with Optimism.
Lyra Finance (LYRA) and Synapse (SYN) also rose among other tokens represented in the Optimism blockchain. According to CoinGecko, SNX itself has added 21.5% in the past 24 hours.