Coinbase’s Base Layer-2 (Ethereum scaling network) to exit OP Stack (Optimism rollup framework) — OP slides 24%

Base, incubated by Coinbase, said on Feb. 19 it will exit Optimism’s Superchain and transition off the OP Stack to a unified, self-managed tech stack, removing dependencies on Flashbots and Paradigm. OP fell over 23% in 24 hours to $0.1423, according to HTX. Base has historically contributed the vast majority of revenue to Optimism’s Superchain, providing context for the token’s sharp move.