Analytics from IntoTheBlock about the state of the ecosystem #Optimism

Number of Holders

➖The Optimism token $OP currently has 978k holders, the highest on the network.

➖Worldcoin (WLD) follows closely with 788k holders, indicating a strong community.

➖Projects like Synthetix (SNX), Velodrome (VELO), and others show lower holder counts, suggesting room for growth and potential for increased network effects as they continue to develop and scale.

Holder Profitability

➖Worldcoin's (WLD) takes the lead here, with 59.36% of holders in profit.

➖Velodrome (VELO) and Optimism (OP) holders have a profitability of 40.82% and 39.26% respectively, an interesting area where holders may be evaluating the timing for realizing gains or reinvesting.

➖The rest of the projects depict a more challenging environment, with fewer holders in profit.

Transaction volume

➖Optimism (OP) leads the transaction volume with $41.1 million.

➖Synthetix (SNX) follows with a significant gap at $13.6 million.

➖Worldcoin (WLD) shows $8.8 million, with lesser but still notable transaction volume.

➖The rest, including Kwenta (KWENTA) and Sonne Finance (SONNE), contribute smaller amounts to the overall volume, with $0.7 million and $0.2 million, respectively.

Whale concentration

➖Extra Finance (EXTRA) has the highest whale concentration at 96.96%, indicating a significant proportion of the token is held by a small number of addresses.

➖Velodrome (VELO) follows closely with 96.2% whale concentration.

➖Other notable tokens with high whale concentration include Sonne Finance (SONNE) at 88.49%, Worldcoin (WLD) at 86.18%, and Beethoven X (BEETS) at 80.3%.

➖Optimism's native token (OP) shows a whale concentration of 68.58%, which is lower relative to other tokens in the ecosystem but still substantial.

➖Synthetix Network Token (SNX) displays the lowest concentration at 52.23%, suggesting a broader distribution among holders.