A16z Purchased $90 Million Worth of Optimism Tokens, OP Price Jumps 13.5%

As per the latest reports, venture capital giant Andreessen Horowitz (a16z) has shown interest in Ethereum Layer-2 platform Optimism, purchasing a staggering $90 million worth of OP tokens. Defying the broader market downturn, the Optimism (OP) price has rallied by 13.5% in the last 24 hours, and currently trading at $2.65 with a market cap of $2.77 billion.