Optimism (OP) Historical Price and Yield Analysis: Should I buy OP now?

Summary

This article provides a comprehensive review of the historical prices and market fluctuations of Optimism (OP) since its inception, combining data from bull and bear market phases to evaluate the potential returns for investors purchasing 10 OP tokens. It also addresses the key question, “Should I buy OP now?” to help both beginners and long-term investors grasp timing and growth opportunities.

Beginning of Bull Market and Early Market Cycles: Historical Price Review (2022 to 2023)

Optimism is a low-cost, lightning-fast Ethereum Layer 2 blockchain. According to records, its early trading price was approximately $1.50.

Below are the price changes of OP during the initial market phase:

2022

• Opening Price: $1.50
• Closing Price: $0.9224
• Highest Price: $1.91
• Lowest Price: $0.5088
• Annual Return: -38.51%

2023

• Opening Price: $1.26
• Closing Price: $3.71
• Highest Price: $3.71
• Lowest Price: $1.09
• Annual Return: 193.76%

An investor who bought 10 OP in 2022 and sold at the end of the year would have a potential loss of -$11.632 (as of the end of 2022); if holding until the end of 2023, the potential loss would be -$9.251.

Bear Market Adjustment and Mid-term Market Cycle: Return and Risk Analysis (2024 to 2025)

During this period, OP’s price experienced a trend of initial rise followed by a sharp decline.

Below are the potential returns for investors purchasing 10 OP in different years:

• 2024: -$28.338
• 2025: -$14.449

Recent Market Cycle: Should I buy OP now? (2026 to present)

Recently, OP has shown a moderate upward trend, and the market is beginning to assess whether a bottom has been reached.

2024

• Opening Price: $3.17
• Closing Price: $2.09
• Highest Price: $4.54
• Lowest Price: $1.31
• Annual Return: -34.02%

2025

• Opening Price: $1.78
• Closing Price: $0.3194
• Highest Price: $1.78
• Lowest Price: $0.2722
• Annual Return: -82.07%

2026 to date

• Opening Price: $0.3158
• Closing Price: $0.3368
• Highest Price: $0.3368
• Lowest Price: $0.3158
• Annual Return: 6.65%

Potential returns for investors purchasing 10 OP during this period are:

• 2024: -$28.338
• 2025: -$14.449
• 2026 to date: $0.21

Summary: Bull Market, Bear Market, and Investment Timing Analysis

By analyzing OP’s historical prices and potential returns, we see that since 2022, the market has experienced significant volatility: from an initial decline (-38.51%), to a strong rebound in 2023 (193.76%), followed by continued deep adjustments in 2024-2025 (total decline of about 90%), and a slight recovery in 2026 to date (6.65%). As a governance token for Ethereum Layer 2 solutions, OP’s long-term value is closely tied to the development of the Optimism ecosystem. Currently, the price is at a historical low, and investors should carefully evaluate the project’s fundamentals and market risks before making informed investment decisions.