Following the statements made by Ethereum founder Vitalik Buterin about “Plasma technology”, price movement was observed in OMG Network (OMG).
Vitalik Buterin 14 November He touched upon the benefits of Plasma technology by publishing an article on his personal blog page. Vitalik Buterin on the Ethereum network plasma applications blockchain When he stated that he would take his technology forward, all eyes OMG translated.
OMG, 2017 When it was first released in layer-2 (L-2) stood out as one of the scaling products. While Vitalik Buterin’s statements led the community to think that the technology offered by OMG could bring the project to the fore, the price of the cryptocurrency also increased. to the highest level in six months reached.
OMG plasma And EVM Compatibility was among the factors that attracted attention at this point and caused the price increase.
OMG, which experienced sudden activity after Buterin’s blog post, according to CoinGecko data. $0.608 from level 30% increase to $0.786 rose. OMG while writing from $0.685 is being traded.
In the blog post in question, Vitalik Buterin touted Plasma technology as a new building block for the Ethereum ecosystem, stating that Plasma, which is an Ethereum scaling technology and disabled by rollups, has the potential to reduce transaction fees.