Base's Decision to Exit Optimism Ecosystem Shakes Crypto Market

Net outflows from Spot Ether ETFs are reinforcing the cautious stance of investors while increasing overall market uncertainty.
Strategic Split Between Base and Optimism The most notable development of the day was the announcement that Base, the Coinbase-backed Layer-2 network, will be leaving the 'OP Stack' framework developed by Optimism.
This decision carries significant financial risks for the Optimism ecosystem, as Base has historically provided approximately 90% of Optimism's 'Superchain' revenues.
Following the announcement, the price of the OP token has lost 24% of its value since Wednesday.
New Steps in the Layer-2 Ecosystem: and Robinhood Activity within the ecosystem continues with other projects.
announced that it will move its payment solution, 'Cash,' to Optimism's OP Mainnet.
This integration, covering approximately 70,000 active cards and 300,000 accounts, allows users to spend their crypto assets via the Visa network.
The product currently reaches an average daily transaction volume of $2 million.
Simultaneously, Robinhood CEO Vlad Tenev reported that the Arbitrum-based 'Robinhood Chain' testnet recorded 4 million transactions in its first week.
Focused on the tokenization of real-world assets (RWA), this network is considered a critical part of the company's vision for blockchain-based financial services.
Macroeconomic Outlook and Fed Minutes Global markets have closely examined the minutes from the U.S.
Federal Reserve's (Fed) latest meeting.
The minutes revealed significant disagreements among policymakers regarding the future of interest rates.