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Coinbase’s Base Exits Optimism, Triggers 23% Crash To New All-Time Low
Yahoo Finance· 2026-02-19 12:29
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, amplify ...