Optimism gains 7.45% as Superchain upgrade nears mainnet
Optimism (OP)
Editor:
Eugene Serbin
tradersunion.com reports that Optimism (OP) rose 7.45% to trade at $0.1053, moving above its short- and medium-term moving averages. The network is approaching a technical milestone with its Superchain interoperability upgrade launching on the Sepolia testnet. This development enables developers to test native cross-layer messaging across OP Stack chains, potentially accelerating activity before mainnet deployment.
Bitcoinist notes that this progress reflects growing ecosystem interest and provides a core demand catalyst for the OP token. Coinfomania highlights that recent growth in DeFi and stablecoin sectors reinforces this utility-driven momentum. On the H1 chart, OP trades above its MA-20 at $0.1006 and its MA-50 at $0.0998.
However, it remains capped below the daily MA-200 at $0.1119. Momentum indicators like MACD and ADX are in Buy mode, though RSI at 62 and Stochastic RSI suggest overbought conditions. The immediate support level is defined by the Ichimoku Kijun at $0.1009. Analysts expect OP to trade between $0.0996 and $0.1099 in the next 1–3 sessions, with a very high probability of upward continuation if it breaks above $0.1099.
How the market reacted
Whalio's own Binance spot order flow for OP, measured when this story was written up on 5 September 2026. Not the outlet's figures.
Whalio data shows OP trading at $0.09810 with a 1-hour buy ratio of 55.2%, indicating strong short-term buyer control. This contrasts with the 4-hour buy ratio of 47.6%, suggesting that buying pressure is fading over a slightly longer timeframe. The 1-hour volume delta is positive at +$163,984, while the 4-hour delta is negative at -$45,132, showing that recent trades are more aggressive than the broader hourly trend. A positive volume delta means buyers are initiating more trades than sellers, while a negative delta indicates sellers are more active. The 24-hour buy ratio sits at 49.0%, with a cumulative volume delta of -$79,284. This indicates that while there was a burst of buying in the last hour, the daily trend remains slightly bearish.
The latest daily buy ratio of 46.4% sits at the 5th percentile of the last 324 days, against a median of 50.1% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for OP, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.9%, making today's 1-hour reading of 55.2% an unusual spike in buying interest. The 24-hour volume of $4,288,580 is 0.70 times the weekly average, indicating lower than usual trading activity. Net buying occurred on 3 of the last 7 days, compared to the 14 hours of net buying recorded in the last 24 hours. The price increased by 8.9% over the last 8 days, with a total volume delta of -$167,383 for the period. This suggests that despite the price rise, selling pressure has outweighed buying pressure over the full week.