Dr. Larry Benowitz has been in the forefront of research when it comes to optic nerve regeneration for a while and has written many white papers about it. You can also watch a video of him talking about the subject
$1. The context is glaucoma, which is a collection of diseases that cause the destruction of optic nerve axons and the subsequent death of retinal ganglion cells that form the optic nerve, but it applies to all cases of optic nerve damage as far as I know.
Personally, and as someone who's been blind due to optic nerve damage caused by glaucoma for over 5 years, I wouldn't bet on a cure being available during my lifetime because science advances very slowly as far as the average human lifespan is concerned.