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Optimism has plunged to a new all-time low after intense selling pressure overwhelmed recent demand. OP price collapsed 23% in 24 hours, extending an already fragile downtrend. Weak liquidity and deteriorating sentiment had been weighing on the altcoin for weeks.
The decline accelerated after Coinbase’s Layer-2 network Base confirmed it is transitioning away from the Optimism OP Stack. Base announced plans to develop its own unified technology stack. The decision removed a major ecosystem catalyst,…
https://beincrypto.com/coinbases-base-exit-triggers-optimism-price-crash/
