{"id":66661,"date":"2026-01-20T15:45:35","date_gmt":"2026-01-20T15:45:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/optimism-op-slips-toward-0-25-ahead-of-jan-22-buyback-vote\/"},"modified":"2026-01-20T15:45:35","modified_gmt":"2026-01-20T15:45:35","slug":"optimism-op-slips-toward-0-25-ahead-of-jan-22-buyback-vote","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/optimism-op-slips-toward-0-25-ahead-of-jan-22-buyback-vote\/","title":{"rendered":"Optimism (OP) slips toward $0.25 ahead of Jan. 22 buyback vote"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1675356609679-1d15a350-3e53-4310-b9c1-b57ea9bf2a25-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1675356609679-1d15a350-3e53-4310-b9c1-b57ea9bf2a25-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1675356609679-1d15a350-3e53-4310-b9c1-b57ea9bf2a25-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1675356609679-1d15a350-3e53-4310-b9c1-b57ea9bf2a25-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>The Optimism Foundation\u2019s proposal for a token buyback goes to a vote on January 22, 2026.<\/li>\n<li>OP price has fallen sharply over the past year, and sentiment is largely bearish.<\/li>\n<li>The buyback could catalyze gains, with OP eyeing $0.52-$0.75.<\/li>\n<\/ul>\n<p>Optimism\u2019s OP token changed hands around $0.30 on Tuesday, January 20, 2026, slightly up in the past 24 hours as the community edges towards a key governance vote.<\/p>\n<p>But having traded to intraday highs of $0.37 last week, the token\u2019s dip to current levels risks allowing for a pullback to all-time lows of $0.25 reached in December.<\/p>\n<p>Can Optimism Foundation\u2019s plans for a buyback program that commits Superchain revenue to monthly OP purchases bolster bulls?<\/p>\n<h2>\u200bOptimism buyback details and implications<\/h2>\n<p>Optimism is set for a governance vote on January 22, 2026, following a proposal floated earlier this month.<\/p>\n<p>The Optimism Foundation wants community approval to allocate half of the sequencer fees for open-market buybacks of OP.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A proposal for the next chapter of Optimism \ud83d\udd34<\/p>\n<p>The Optimism Foundation is putting forward a proposal to align the OP token with growing Superchain demand by directing 50% of incoming Superchain revenue to regular OP buybacks <a href=\"https:\/\/t.co\/VSDazlbRdX\">https:\/\/t.co\/VSDazlbRdX<\/a> <a href=\"https:\/\/t.co\/jBQoJyxDCF\">pic.twitter.com\/jBQoJyxDCF<\/a><\/p>\n<p>\u2014 Optimism (@Optimism) <a href=\"https:\/\/twitter.com\/Optimism\/status\/2009282745466503506?ref_src=twsrc%5Etfw\">January 8, 2026<\/a><\/p>\n<\/blockquote>\n<p>If the vote passes, the program will start in February, with 50% of Superchain revenue flowing to Optimism. Repurchases are set to occur over the next year.<\/p>\n<p>The remaining 50% funds will be allocated to ecosystem grants, maintaining flexibility.<\/p>\n<p>As with other\u00a0 models, such as dYdX\u2019s 75% fee buybacks, Optimism aims to buy from the market. However, the tokens go back to the OP treasury rather than direct burns.<\/p>\n<p>If the latter happens, supply reduction will signal confidence in OP and Superchain\u2019s dominance.<\/p>\n<p>\u201cWith this buyback mechanism, OP transitions from a pure governance token to a token that is tightly aligned with the growth of the Superchain,\u201d Optimism wrote at the time.<\/p>\n<p>The mechanism targets every enterprise that creates a new chain on the Superchain, with these expected to add to the underlying demand for OP.<\/p>\n<h2>\u200bOP token price forecast<\/h2>\n<p>The Optimism (OP) price is down nearly 94% from its peak of $4.85 reached in March 2024. The downtrend has crushed holder sentiment, and despite the buyback proposal, the outlook is largely bearish.<\/p>\n<p>Bears may hold this advantage unless Optimism for instance, burns the repurchased tokens. BNB\u2019s quarterly burns have helped the token\u2019s price storm to new highs.<\/p>\n<p>In the short term, a post-vote rally could push prices to $0.52.<\/p>\n<figure id=\"attachment_358854\" aria-describedby=\"caption-attachment-358854\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-358854\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/01\/optimism-price-chart.png\" alt=\"Optimism Price Chart\" width=\"1057\" height=\"571\"\/><figcaption id=\"caption-attachment-358854\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/OPUSD\/\" target=\"_blank\" rel=\"noopener\">Optimism price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>As the daily chart above indicates, the 50-day and 200-day exponential moving averages act as supply zones at $0.32 and $0.51 (currently).<\/p>\n<p>Targets in the $0.60-$0.75 range are a possibility should the crypto market experience a rebound from current downward pressure.<\/p>\n<p>Gains for Ethereum and top ecosystem tokens will catalyse this likely OP bounce.<\/p>\n<p>However, bearish pressure means the psychological $1 mark remains well off the threshold for now.<\/p>\n<p>Major token unlocks will continue to cap gains, too, and a dip to $0.25 on fresh downward catalysts will encourage sellers.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/optimism-op-slips-toward-0-25-ahead-of-jan-22-buyback-vote\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) The Optimism Foundation\u2019s proposal for a token buyback goes to a vote on January 22, 2026. OP price has fallen sharply over the past year, and sentiment is largely bearish. The buyback could catalyze gains, with OP eyeing $0.52-$0.75. Optimism\u2019s OP [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":66662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66661"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=66661"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/66662"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=66661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=66661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=66661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}