Catenaa, Tuesday, January 13, 2026- The Optimism Foundation proposed a monthly buyback program for its OP token to better align it with growth across the Superchain, the network of Ethereum Layer 2 blockchains built on Optimism technology.
Under the plan, 50% of Superchain revenue would be directed to over-the-counter token purchases. Over the past year, Optimism collected 5,868 ETH, roughly $18 million, which has been allocated to a treasury managed by governance.
Tokens acquired through the program could be burned or distributed as staking rewards to reduce circulating supply or incentivize network security.
The foundation said the program would strengthen the link between token demand and Superchain usage, with revenue from activity funding development that drives further adoption.
Governance would maintain oversight of buyback parameters, with the possibility of automating the process onchain in the future. Buybacks would pause if monthly revenues fall below $200,000 or execution conditions are unfavorable.
The Superchain includes major L2s such as OP Mainnet, Base, Unichain and Worldchain, which collectively captured over 62% of Ethereum Layer 2 market share as of November. Despite the network’s success, OP trades near $0.31, well below its all-time high of $4.84, with ongoing token unlocks continuing to weigh on price.
The proposal follows efforts by other crypto projects to use protocol revenue to support token value. Optimism also plans to manage ETH not allocated to buybacks for active treasury purposes.
The initiative reflects the foundation’s broader strategy to consolidate L2 adoption while creating stronger alignment between tokenholders, developers, and infrastructure providers.
Catenaa, Tuesday, January 13, 2026- JP Morgan is extending its JPM Coin (JPMD) to the Canton Network, a permissionless Layer 1 for institutional finance, marking the bank’s second network deployment after launching on Coinbase-supported Base in November 2025.
JPM Coin represents US dollar deposits held at JP Morgan and functions as a bank-backed alternative to stablecoins, enabling near-instant, 24/7 peer-to-peer transfers and settlements for institutional clients.
Kinexys, the bank’s blockchain and digital payments division, said the move aims to increase operational efficiency and unlock liquidity for enterprise users.
Canton, governed by the independent Canton Foundation and developed by Digital Asset, supports configurable privacy and has around 400 ecosystem participants, including Goldman Sachs, BNP Paribas, and Deutsche Börse.
The network hosts enterprise blockchain experiments such as DTCC’s tokenization pilot for U.S. Treasury securities.
JP Morgan plans a phased deployment of JPMD throughout 2026, exploring integrations like Blockchain Deposit Accounts on Canton.
The bank first launched a version of JPM Coin in 2019 on its permissioned Onyx blockchain, now Kinexys, and has since positioned the token as an institutional settlement tool that avoids custody transfers or stablecoin exposure.
The expansion follows broader institutional adoption of tokenized deposit solutions. JPMD can support onchain settlement, cross-border B2B payments, and interoperability frameworks being developed with partners like DBS to enable tokenized deposit transfers across multiple blockchains.
