灯塔说 UVDAO|Feb 20, 2026 15:16
Altcoin season is over
The altcoin season we've been dreaming of for four years is probably gone.
No more expectations.
In the past two days, Coinbase's Base announced its decision to build its own 'unified Base stack' to accelerate internal development and upgrades, no longer relying on Optimism's version releases, causing panic selling among investors.
This means Base will keep all sequencer revenue instead of sharing it with Optimism. This move raises doubts about the long-term sustainability of the Optimism Superchain, as Base is its largest partner.
As a result, $OP has dropped more than 30% in the past two days.
The price is only $0.13 now, down 97% from its bull market peak of $4.8.
This is the leader of Layer 2, and yet the situation has deteriorated so much!
$OP
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