Optimism [OP] at mercy of bears, will RetroPGF 2 save it

ambcrypto.com:

Optimism’s [OP] network usage has been declining for quite some time. This was evident from Dune’s data, which pointed out a reduction in gas usage. The total number of transactions also fell, suggesting fewer users on the network.

Source: Dune

How much are 1,10,100 OPs worth today      

Because of this decline, the network’s revenue also got affected. As per Token Terminal’s data, OP’s revenue fell considerably over the last 30 days, which was concerning. 

Optimism announced the results of its Retroactive Public Goods Funding (PGF) 2 on 30 March. For reference, RetroPGF is the engine that drives the growth of the Optimism ecosystem.

The project was launched with the aim of building some of the core infrastructure that Ethereum [ETH] and Optimism depend on, supporting developers in building decentralized applications and more.