Optimism (OP) has extended its sharp decline, falling 22% as new details emerge regarding its relationship with the Base network. Base has officially announced the termination of its revenue-sharing agreement with Optimism, a deal that previously funneled millions of dollars into the OP ecosystem. This move marks a significant strategic pivot for Base, which is transitioning toward a fully self-managed Layer-2 architecture. The loss of this revenue stream and the move away from the shared OP Stack have intensified selling pressure on the OP token. Market analysts view this development as the start of a new era where major Layer-2 networks prioritize independent operations over shared frameworks. Consequently, investors are reassessing the long-term economic model and network effects of the Optimism ecosystem in light of these structural changes.
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