Optimism’s (OP) native token continues to slide after Coinbase’s Ethereum Layer‑2 network Base announced it will move away from relying on Optimism’s OP Stack, Optimism’s (OP) native token continues to slide after Coinbase’s Ethereum Layer‑2 network Base announced it will move away from relying on Optimism’s OP Stack,
Optimism Token Drops as Base Moves Away from OP Stack
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Optimism’s (OP) native token continues to slide after Coinbase’s Ethereum Layer‑2 network Base announced it will move away from relying on Optimism’s OP Stack, an open-source software framework for building Layer‑2 networks. Over the past three days, OP has fallen more than 32%, from around $0.19 to approximately $0.129, hitting its lowest level in over three years. Source: TradingView The decline accelerated following Base’s announcement that it will adopt a unified, in‑house technology stack, reducing its reliance on Optimism’s framework. As part of this shift, Base will no longer share sequencer revenue with the Optimism Collective, which had previously
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