Introduction

The Optimism Network or Optimism is a second layer solution, which was created to solve the scalability problems of the Ethereum network. Optimism in the word means optimism, and the Optimism network was created based on this approach. The Optimism network uses Optimisitic Rollup to increase scalability. In this solution, the Optimism network collects and executes transactions in its network and sends them in a compressed form to the Ethereum network, causing the scalability, speed of transactions and their fees to be significantly reduced.

In the optimistic approach that the Optimism network uses, all transactions that are validated by network validators are considered valid and processed. This process ensures that transactions are not validated separately and their processing time is greatly reduced. Also, each member of the network or validators has up to one week to check the set of transactions and if a fake transaction is found, inform the network and receive a reward.

The Optimism network was created with the aim of solving Ethereum's scalability problems and making this network efficient. Optimism has built its design on four main pillars: simplicity, pragmatism, sustainability and optimism. These features allow the Optimism network to operate simply and effectively and provide various facilities to users and developers.

Methodology

• The following table was used for analysis

  optimism.core.ez_nft_sales
  

• 4 categories were used to divide the purchase prices

   when price < 0.01 then 'Less Than 0.01 ETH'
   when price >= 0.01 and price < 0.1 then '0.01 To 0.1 ETH'
   when price >= 0.1 and price < 1 then '0.1 To 1 ETH'
   when price >= 1 then 'More Than 1 ETH'
  

1. In this analysis, the graphs were segmented on a weekly basis due to the fact that the graphs were more comprehensible
2. Values to be analyzed
3. Number of sales
4. Number of buyers
5. Number of sellers
6. Ethereum sales volume
7. $USD volume of sales
8. Average volumes
9. The median of the volumes
10. Maximum selling price

Total statistics and summary

Distribution

The charts of this section are based on 4 categories of sales price distribution→

1- The median price of Ethereum sales

• The highest median price for the More Than 1 ETH range 2- The median percentage of Ethereum sales
• The highest percentage for the More Than 1 ETH range with around 98%

1- Ethereum sales volume

• The largest volume for the More Than 1 ETH range 2- Ethereum percentage of sales
• The highest percentage for the More Than 1 ETH range with around 89%

1- Average $USD volume

• The highest average for More Than 1 ETH 2- The average percentage of the $USD volume
• The highest percentage for More Than 1 ETH with around 55%

1- The average $USD volume of sales

• The highest median for the 0.1 To 1 ETH segment 2- Average dollar volume in percent
• The highest median for the 0.1 To 1 ETH segment with around 91 percent

1- The maximum selling price of Ethereum

• The most for the interval More Than 1 ETH 2- Percentage of the maximum selling price of Ethereum
• The highest percentage for the More Than 1 ETH range with around 99%

1- The average selling price of Ethereum

• The highest average for the interval More Than 1 ETH 2- The average selling price of Ethereum
• The highest percentage for the More Than 1 ETH range with around 97%

Distribution by week

In this section, weekly analysis has been done with 4 categories

Findings and conclusions

findings→

• highest median for the 0.1 To 1 ETH segment
• highest median for the 0.1 To 1 ETH segment with around 91 percent
• highest average for More Than 1 ETH
• largest volume for the More Than 1 ETH range
• highest median price for the More Than 1 ETH range
• highest average for the interval More Than 1 ETH
• highest sales were in the third week of September
• most distributed number of sales for the interval Less Than 0.01 ETH
• highest participation of sellers in the third week of September
• maximum seller contribution margin is Less Than 0.01 ETH
• highest participation of buyers in the third week of September
• maximum buyers contribution margin is Less Than 0.01 ETH
• highest volume in the third week of September
• largest range of sales volume at the price of 0.01 to 0.1 ETH
• highest volume of sales in the second week of October
• largest Ethereum sales volume range is 0.1 to 1 ETH

Conclusion→

It seems that the Ethereum network has a much larger market and sales and number of NFTs than Optimism because it is older and larger. And due to the high price of NFTs in Ethereum, this important market plays a role in crypto But in Optimism, due to the lack of credibility and reputation compared to Ethereum, the price of NFTs is very low and the network cost is also much lower and the network speed is also higher. Therefore, it can be expected that Optimism will progress quickly, but even in the most optimistic state, it cannot be expected that it will even come close to the Ethereum market, but in the long term, it can have a lot to say.

The dashboard link has been tweeted

written by

Discord ID: Sal☰h#1747

email : saleh.mz@gmail.com

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1- The average volume of Ethereum sales on a weekly basis

2- The median volume of Ethereum sales on a weekly basis

Ethereum sales volume

• The highest volume of sales in the second week of October
• The largest Ethereum sales volume range is 0.1 to 1 ETH

1- The maximum price of ethereum for sale on a weekly basis

2- The average $USD price of weekly sales

1- The highest selling price on a weekly basis

2- The highest median weekly sales price

Weekly Ethereum volume sold

• The highest volume in the third week of September
• The largest range of sales volume at the price of 0.01 to 0.1 ETH

The number of buyers on a weekly basis

• The highest participation of buyers in the third week of September
• The maximum buyers contribution margin is Less Than 0.01 ETH

The number of sellers on a weekly basis

• The highest participation of sellers in the third week of September
• The maximum seller contribution margin is Less Than 0.01 ETH

Number of weekly sales

• The highest sales were in the third week of September
• The most distributed number of sales for the interval Less Than 0.01 ETH