The optimism price has dropped by 5.5% in the past 24 hours, reaching $2.77 in the context of a 0.5% dip for the cryptocurrency market as a whole. However, the altcoin remains up by 7% in a week and by 27% in the last 30 days, buoyed by the news Coinbase will be launching its own layer-two network for Ethereum using Optimism-based technology.