Optimism’s OP Token Plunges after Coinbase’s Base Abandons OP Stack
Optimism’s OP token slid hard, dropping more than 20% and briefly approaching a 23% decline within a 24-hour window after Coinbase’s Base said it would move off the OP Stack in favor of a unified, in-house technology stack. The market treated the announcement as a direct hit to Optimism’s Superchain narrative and repriced OP rapidly.
Ethereum Mainnet Daily Active Addresses Surpass All Major Layer‑2 Networks
Ethereum mainnet saw daily active addresses spike to roughly 1.3 million, before activity cooled and stabilized near 945,000, based on Intellectia AI’s tracking. The jump coincided with a sharp drop in transaction fees to around $0.15, which materially improved the cost calculus for using Layer 1 again.
Horizen launches EVM-native Layer 3 mainnet on Base with ZEN migrated to ERC-20
Horizen launched its mainnet as an EVM-native Layer 3 on Base on December 9, 2025, completing a multi-stage migration aimed at delivering privacy-preserving, auditable execution for on-chain business. The move converted ZEN into an ERC-20 token on Base and formally wound down the legacy mainchain and EON sidechain, positioning the project for deeper DeFi integration […]