$OP
๐ด OP (Optimism) Update
๐ฐ Governance approves OP token buybacks โ 84% support for using 50% of Superchain revenue to buy OP monthly over 12 months starting Feb 2026, tightening supply & linking value to real economic activity.
๐๏ธ OP Enterprise launched โ infrastructure suite for enterprise chains built using OP Stack, expanding real-world utility & developer adoption.
๐ Price action mixed โ OP remains range-bound with macro risk impacting high-beta tokens; short-term sentiment cautious despite fundamentals.
๐ Technical view: key support near recent lows; major resistance awaits breakout above broader crypto trend shifts.
โ ๏ธ Near-term risk: execution risk on buybacks & broader market sentiment may cap rallies.
๐ Bias: NeutralโBullish | Buybacks + ecosystem growth, short-term consolidation
#OP #Optimism #Layer2 #Buybacks #BinanceSquare ๐ด๐