Events

Ether.fi is relocating its non-custodial Cash crypto card from Scroll to the OP Mainnet, transferring roughly 70,000 active cards, about 300,000 accounts and millions in TVL (around $2M in daily crypto payments) to Optimism's flagship Layer 2 network.

Base, Coinbase’s Ethereum Layer 2 that launched in 2023, is moving away from Optimism’s OP Stack toward a single, proprietary stack operated by Base to speed upgrades, increase autonomy and scalability, and is targeting about six hard forks per year.

Optimism governance approved a 12‑month OP token buyback program starting in February 2026. About $8 million—roughly 50% of Superchain sequencer revenue—will be directed into monthly purchases, directly tying OP demand and valuation to the Superchain’s economic performance. The proposal passed with over 84% community support.

The Optimism Foundation proposed a 12-month program of monthly OP buybacks to begin in February if a January 22 vote passes. The plan would allocate 50% of Superchain sequencer revenue to monthly OTC purchases to align OP's value with network growth.