Base’s decision to move away from the OP Stack to a unified software stack is raising questions about the long-term economics behind Optimism’s Superchain model.
The OP Mainnet, which is powered by the OP Stack, is currently the third-largest Ethereum Layer-2 by total value locked (TVL) at $1.84 billion, per L2beat.
OP, Optimism’s native token, is currently trading at around $0.14, down 26% over the past 24 hours, according to CoinGecko data. The sell-off followed a Wednesday, Feb. 18, blog post from Base – the Ethereum Layer-2 blockchain launched by Coinbase with a TVL of $3.8 billion – outlining plans to move away from Optimism’s software over the coming months.
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