Everything to Know About Optimism Superchain Upgrade: Will P Price Hit $1 This Week?

If crypto is to rival giants like Google and Visa, scaling legacy chains like Ethereum is essential. Ethereum leads this charge through layer-2 networks, with Optimism being one of the first to pioneer rollups. Optimism has grown and manages billions in total value locked (TVL), serves thousands of users, and hosts leading DeFi protocols, including Aave.

According to L2Beat, Optimism currently manages over $3.8Bn in assets, ranking as the third-largest Ethereum layer-2 behind Base and Arbitrum. Notably, its technology powers other prominent L2s, including Base and Unichain. On the Optimism network, over $1.3Bn worth of assets have been natively minted, up +7% in the past week.

(Source: L2Beat)

This surge in activity mirrors the recent expansion of OP crypto prices. OP USDT is up +13% from September lows and is currently trading around $0.70. Over the past month, it’s up +4%, and +7% in the last trading week, though it’s still down -58% year-to-date.

(Source: Coingecko)

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Optimism and Scaling Ethereum: Progress Made

The more scalable and efficient Optimism becomes, the more appealing it is to users and developers. Already, many entrepreneurs are eyeing Optimism to launch some of the best meme coin ICOs.

At the heart of Optimism’s vision is the Superchain, an ambitious “network of networks” that unifies Ethereum layer-2 platforms built on its technology into a single, cohesive ecosystem.

Key chains leveraging the OP Stack include the second-largest layer-2, Base, and Unichain by Uniswap, a DEX. Optimism fosters shared liquidity, seamless cross-chain messaging, a secure base layer, low fees, and enhanced throughput by interconnecting them.

Driving this progress is the open-source OP Stack, which enables one-click deployments of layer-2s compatible with Ethereum. However, fragmentation has remained a challenge, until now.

The 16a upgrade, launching today on the mainnet, addresses this by streamlining interoperability.

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Everything to Know About the Optimism Superchain Upgrade

The Optimism Superchain upgrade, delivered via 16a, is a targeted maintenance release building on Upgrade 16 from July 2025.

It was thoroughly tested on the Sepolia Superchain in late September, enduring over 10 days of validation before today’s mainnet deployment.

Pending governance approval, Superchain Upgrade 16a will be proposed for execution soon:

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