Optimism’s OP token surged approximately 18% on October 13, 2026, bringing its four-week gain to 66%, outperforming Bitcoin (9%) and Ether (3%) over the same period. The token’s market capitalization now stands between $350 million and $365 million, with a circulating supply of approximately 2.3 billion tokens out of a maximum of 4.29 billion. Upgrade 20, approved in September 2026, allocates 50% of Superchain revenue to OP token buybacks starting February 2027, while Unichain’s migration to OP Enterprise is planned for October 29. Korean partnerships with KB Securities and Securitize are exploring tokenized money market funds on OP Mainnet, though Starknet’s STRK outperformed with a 322% surge over four weeks.
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