Optimism (OP) price surged over 5% on Dec. 27, reaching intraday highs of $1.89. The increase was driven by positive news as Binance, the world's largest crypto exchange, declared its support for Optimism's upcoming network upgrade and hard fork. Scheduled for January 9, 2025, the upgrade aims to enhance user experience, scalability, and performance. Despite temporary suspension of deposits and withdrawals on the OP network, trading will continue unaffected. Binance assures users of managing all technical aspects of the hard fork and plans to resume normal operations once the network stabilizes. While OP's current value is 61% below its peak, recent momentum has led to a 15% increase in the past week, reflecting growing optimism in the project's future. Read more AI-generated news on: https://app.chaingpt.org/news