- The Optimism Basis’s token buyback proposal will likely be put to a vote on January 22, 2026.
- OP costs have fallen considerably over the previous 12 months, and sentiment is essentially bearish.
- Share buybacks may gasoline the rally, with working revenue prone to be between $0.52 and $0.75.
Optimism’s OP token traded round $0.30 on Tuesday, January 20, 2026, and has risen barely over the previous 24 hours because the neighborhood strikes in the direction of an essential governance vote.
Nevertheless, having traded as excessive as an intraday excessive of $0.37 final week, a fall within the token to present ranges dangers permitting it to fall to its all-time low of $0.25, set in December.
Might the Optimism Basis’s buyback program plan, which makes use of superchain proceeds to fund month-to-month OP purchases, assist the bulls?
Particulars and affect of share buybacks because of optimism
A vote on governance is anticipated to be held on January 22, 2026, following proposals put ahead earlier this month, creating an optimistic outlook.
The Optimism Basis is searching for neighborhood approval to allocate half of sequencer charges to open market buybacks of OP.
Options for the following chapter of optimism đź”´
The Optimism Basis proposes to align OP tokens with rising demand for Superchain by directing 50% of Superchain’s income to common OP buybacks https://t.co/VSDazlbRdX pic.twitter.com/jBQoJyxDCF
— Optimism (@Optimism) January 8, 2026
If the vote passes, this system will begin in February and 50% of the superchain’s income will go to Optimism. The buyback is anticipated to happen over the following 12 months.
The remaining 50% of funding will likely be allotted to ecosystem grants whereas sustaining flexibility.
Much like different fashions reminiscent of dYdX’s 75% fee buyback, Optimism goals to purchase from the market. Nevertheless, the tokens will not be burned immediately, however are returned to the OP treasury.
If the latter occurs, the discount in provide will sign confidence within the superiority of OP and the superchains.
“This buyback mechanism strikes OP from a pure governance token to at least one intently aligned with superchain development,” Optimism wrote on the time.
This mechanism targets all firms creating new chains on the superchain, and these are anticipated to additional enhance the potential demand for OP.
OP token worth prediction
Optimism (OP) worth has fallen practically 94% from its all-time excessive of $4.85 in March 2024. The downward pattern has shattered holder sentiment, and regardless of the share buyback proposal, the outlook is essentially bearish.
Bears might maintain this benefit until, for instance, optimism burns the tokens it has purchased again. BNB’s quarterly burn helped the token’s worth soar to new highs.
Within the brief time period, post-vote features may push the value as much as $0.52.
Because the every day chart above reveals, the 50-day and 200-day exponential transferring averages (at present) act as provide zones at $0.32 and $0.51.
If the crypto market experiences a rebound from the present downward strain, a variety of $0.60 to $0.75 may turn into a goal.
Features in Ethereum and prime ecosystem tokens will gasoline this doubtless OP rebound.
Nevertheless, bearish strain means the psychological $1 mark stays properly off the bottom for now.
Massive-scale token unlocks may even proceed to cap features, and a drop to $0.25 because of new draw back elements will encourage sellers.