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, it evaluates the potential returns for investors purchasing 10 OP tokens and answers the key question, “Should I buy OP now?” to help both beginners and long-term investors grasp timing and growth opportunities.

Bull Market Start and Early Market Cycle: Historical Price Review (2022 to 2023)

Optimism, as an Ethereum layer 2 scaling solution, began trading in early 2022. Records show its early trading price was approximately $1.50.

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

2022 Year

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

2023 Year

• 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 held until the end of 2023 would see a potential return of -9.32%. Conversely, purchasing 10 OP in 2023 and holding until year-end offers a significant opportunity for positive gains.

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

In 2024, OP’s price experienced significant volatility, with a correction from the high levels at the start of the year.

The potential returns for investors purchasing 10 OP during this phase are:

• 2024: -28.407%

Recent Market Cycle: Should I buy OP now? (2025 to 2026 so far)

Since 2025, OP has faced continuous downward pressure, with the market experiencing severe price challenges.

2025 Year

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

2026 Year (so far)

• Opening Price: $0.3299
• Closing Price: $0.3299
• Highest Price: $0.3299
• Lowest Price: $0.3299
• Annual Return: 0.0%

The potential returns for an investor buying 10 OP during this period are:

• 2025: -14.518%
• 2026 so far: 0%

Summary: Bull, Bear, and Investment Timing Analysis

By analyzing OP’s historical prices and potential returns, we observe cyclical fluctuations since 2022—from the initial bear market, a strong rebound in 2023, to sustained downward pressure in 2024-2026. Dropping from a peak of $3.71 (end of 2023) to $0.3299 (2026), OP faces a significant long-term downtrend. Investors should carefully evaluate current risks and opportunities.