On Monday, the Optimism team announced via a blog post that OKX has migrated its XLayer network from Polygon CDK to the OP Stack. By leveraging the OP Stack to rebuild XLayer, OKX gains full autonomy over network operations while connecting to a broader network that is continuously improved by Optimism’s engineering community.
The OP Stack, Optimism’s open-source framework for building Layer 2 networks, is the most widely deployed scaling framework today, powering ~70% of Ethereum Layer 2 activity and ~12% of daily crypto transactions.
Optimism’s main utility is to batch transactions on the Optimism network. Optimism allows users to enjoy lower gas fees on their transactions executed on the Optimism network through optimistic roll-up technology. OP is trading at $0.3152, down 0.6% in the last 24 hours.
Hassan Maishera