Critical Decision from Optimism Governance

The governance decision is considered a major transformation for the token economy. According to on-chain governance data, the proposal was approved with 84.4% of votes after several days of thorough discussion among delegators and OP token holders. This high level of support indicates strong consensus among ecosystem participants regarding the buyback plan. Following the approval, the OP token experienced a minor pullback over the past 24 hours, which analysts interpret as a short-term market reaction.

The approved plan states that the Optimism Foundation will use 50% of net Superchain sequencer revenues for regular OP token buybacks during a 12-month pilot period starting in February. The remaining revenue will continue to be allocated for ecosystem funding, grants, and operational expenses. This marks the first official initiative by Optimism to directly tie OP token demand to economic activity on the network.

Strengthening the Link Between Superchain and OP Token

The Superchain consists of OP Stack-based networks such as OP Mainnet, Base, Unichain, World Chain, Soneium, Ink, and others, forming an expanding multi-chain ecosystem. This structure lies at the core of Optimism’s scalability vision and drives increased network activity. Previously used primarily as a governance token, OP now gains a new economic function through the buyback mechanism. As transaction volume and usage on Superchain increase, the funds allocated for buying OP tokens from the open market will also grow, directly linking token demand to network activity.

Revenue Data and Token Handling

According to data shared by the Optimism Foundation, Superchain sequencers generated approximately 5,900 ETH in revenue over the past year. With new chains going live and network activity rising, this figure is expected to increase further. OP tokens acquired through the buyback will be held in the Optimism Collective treasury. The proposal does not require tokens to be burned or removed from circulation. Future use of these tokens—for staking, incentives, or potential burns—will be determined through subsequent governance decisions.

Optimism’s buyback program represents a shift from using OP solely as a governance tool to a model where the token is directly linked to network revenues. This approach is seen as an important step that could reshape the long-term value dynamics of the OP token.

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The post This Altcoin-Heavy Token Has Started a Buyback! appeared first on Coin Engineer.

As we enter the new week, one of the most important issues investors are focusing on is large-scale token unlocks. Token unlocks mean that the relevant cryptocurrencies enter the market as new supply, and in the short term, this can create selling pressure and affect the price. Here are the major upcoming token unlocks:

Optimism (OP)

Optimism is a Layer-2 solution developed to solve Ethereum’s scaling problems and offers fast and low-cost transactions in the DeFi ecosystem.

Unlock amount: $21.62 million

Ratio to total market cap: 1.81%

Market cap: $1.19 billion

Date and time: September 30, 2025, 23:00

Kamino (KMNO)

Kamino operates as an optimized liquidity protocol in the DeFi ecosystem and offers users passive income and automated portfolio management.

Unlock amount: $15.39 million

Ratio to total market cap: 7.94%

Market cap: $194.14 million

Date and time: September 30, 2025, 23:00

AltLayer (ALT)

AltLayer is a modular rollup platform that enables different Web3 projects to quickly set up their own blockchains.

Unlock amount: $6.73 million

Ratio to total market cap: 5.37%

Market cap: $125.42 million

Date and time: September 30, 2025, 09:00

Bonk (BONK)

Bonk is a popular “meme token” created in the Solana ecosystem and stands out with its community-driven structure.

Unlock amount: $9.66 million

Ratio to total market cap: 0.65%

Market cap: $1.48 billion

Date and time: October 1, 2025, 03:00

Orbler (ORBR)

Orbler is a blockchain platform that provides infrastructure for Web3 gaming and metaverse projects.

Unlock amount: $3.25 million

Ratio to total market cap: 3.12%

Market cap: $104.40 million

Date and time: October 2, 2025, 03:00

Quack AI (Q)

Quack AI is a crypto project that offers artificial intelligence–based analysis and trading tools, targeting individual investors in particular.

Unlock amount: $11.21 million

Ratio to total market cap: 24.58%

Market cap: $45.56 million

Date and time: October 2, 2025, 03:00

Ethena (ENA)

Ethena is a project developing the concept of a “synthetic dollar” in the crypto market and aims to build a stable, highly liquid DeFi ecosystem.

Unlock amount: $55.37 million

Ratio to total market cap: 1.37%

Market cap: $4.05 billion

Date and time: October 2, 2025, 11:00

Evaluation

The token unlocks taking place in the new week may create both short-term pressure and long-term opportunities in the market. In projects with high market capitalization such as Optimism (OP) and Ethena (ENA), the unlocked amounts may have a relatively limited effect.

However, in lower market cap tokens like Kamino (KMNO) and Quack AI (Q), unlocks could have a stronger impact and cause significant price fluctuations. Therefore, it is important for investors to closely monitor liquidity conditions, whale movements, and market sentiment in the coming days.

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The post Tokens to Be Unlocked in the New Week: The List Includes Some Surprising Names! appeared first on Coin Engineer.

What Is Layer 2 (L2)?

Layer 2 refers to any off-chain network, system, or technology built on top of a blockchain (commonly known as a layer-1 network) that enhances the capabilities of the underlying base layer network. Layer 2 networks offer improvements such as higher transaction throughput. A core requirement for a network, system, or technology to be considered Layer 2 is that it inherits the security of the blockchain it is built upon. Transaction data must be verified and confirmed by the underlying blockchain network, not a separate set of nodes. For example, sidechains are often not considered Layer 2 because they typically deploy their own consensus mechanisms and validators, resulting in different security guarantees than the base layer chain.

For blockchains that prioritize decentralization and security over scalability, Layer 2 solutions provide greater transaction throughput, which can lead to lower fees. Layer 2 is seen as a solution to scalability challenges, enabling fast and scalable transactions without compromising decentralization or security.

Top Layer 2 (L2) Coins by Market Cap

Below is a list of the top Layer 2 coins ranked by market capitalization, along with brief details about each project:

1. Mantle (MNT) Mantle is a Layer 2 solution designed to scale Ethereum. It offers fast and low-cost transactions, providing developers with a high-performance platform. Its modular architecture stands out.
2. Arbitrum (ARB) Arbitrum is an Ethereum-based Layer 2 solution that utilizes optimistic rollup technology. It is popular for decentralized applications due to its low transaction fees and high throughput.
3. POL (ex-MATIC) POL (formerly MATIC) is the native token of the Polygon network, designed to enhance Ethereum’s scalability. It supports a broad ecosystem with fast transactions and low costs.
4. Optimism (OP) Optimism is another optimistic rollup solution that boosts Ethereum’s scalability. It provides developers and users with an efficient experience through low-cost transactions.
5. Stacks (STX) Stacks is a Layer 2 solution that adds smart contract and decentralized application support to the Bitcoin blockchain. It leverages Bitcoin’s security to develop innovative applications.
6. Immutable (IMX) Immutable X is an Ethereum-based Layer 2 solution focused on NFTs and gaming. It offers fast and secure transactions with zero gas fees.
7. Starknet (STRK) Starknet is a Layer 2 network that scales Ethereum using zero-knowledge (ZK) rollup technology. It provides high security and low transaction costs.
8. ZKsync (ZK) ZKsync enhances Ethereum’s scalability with zero-knowledge technology. It offers fast, secure, and low-cost transactions on a user-friendly platform.
9. Wrapped Ether (Mantle Bridge) (WETH) Wrapped Ether (WETH) is a tokenized version of Ethereum used within the Mantle network. It facilitates liquidity and seamless transactions in Mantle’s Layer 2 ecosystem.
10. Movement (MOVE) Movement is an Ethereum-based Layer 2 solution that delivers high-performance data transfer and transaction speed. It stands out with its innovative technologies.

Layer 2 solutions address blockchain scalability issues, offering faster, more cost-effective, and secure transactions. Ranked by market cap, these projects enhance the potential of leading networks like Ethereum and Bitcoin, shaping the future of the decentralized ecosystem. These coins continue to provide innovative opportunities for both developers and users.

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The post What Are the Top Layer 2 (L2) Coins? appeared first on Coin Engineer.

What is the Epic Chain?

Project, formerly known as Ethernity Chain, was initially a digital collectibles marketplace on the Ethereum blockchain. However, it faced a market decline due to high transaction fees, limited throughput, and the proliferation of counterfeit tokens. To address these issues, Epic Chain was redesigned as an Ethereum Layer 2 blockchain tailored for the entertainment industry.

Utilizing Optimism’s open-source op-stack, the platform incorporates AI-driven digital rights management with an AI-powered matching engine to verify token authenticity, ensuring the integrity of its content. It also provides user-friendly token creation tools that require no technical expertise. Backed by Ripple and operating in over 150 countries, Epic Chain is rapidly growing as one of the leading Real World Asset (RWA) ecosystems.

The platform aims to bridge traditional finance and decentralized technology by enabling the tokenization of assets like real estate, commodities, and intellectual property. Fanable, Epic Chain’s flagship consumer RWA product, generates over $1.2 million in annual on-chain fees. By integrating with the XRPLedger EVM sidechain, Epic Chain continues to develop products within the XRP ecosystem, delivering fast, scalable, and globally accessible decentralized finance solutions.

$EPIC Token and Tokenomics

$EPIC is the first bridged and bridgeable ERC20 token on the Epic Chain blockchain, evolved from the ERN token launched on Ethereum in 2021. Used in the platform’s digital collectibles marketplace and DeFi products, it offers the following benefits:

• Gasless Transactions: Most transactions on Epic Chain do not require ETH for fees, thanks to account abstraction.

• DAO: Epic Chain is fully operated by a decentralized autonomous organization (DAO), where $EPIC holders can vote on the blockchain’s development.

• Carbon Footprint Offset: A portion of $EPIC trading volume is dedicated to offsetting carbon emissions from the blockchain’s energy consumption.

The tokenomics distribution is as follows:

• Private Round: 30.67%

• Team 1: 3.33%

• Team 2: 4.33%

• Team 3: 12.33%

• Ecosystem: 6.00%

• Reserve: 15.00%

• Partnerships: 8.00%

• Staking & Rewards: 12.00%

• Public Sale (Polkastarter IDO): 3.33%

• Liquidity: 5.00%

Project’s DeFi protocol allows users to stake $EPIC to earn other ERC20 tokens and “stones,” which can be used to redeem assets within the ecosystem.

EPIC Vesting

What Can Be Done on Epic Chain?

Project offers a range of tools for creators and brands:

• Simplified Token Creation: Creators can use a drag-and-drop web interface to create a currency or social token in minutes, requiring only a Web3 wallet (e.g., Metamask) with some ETH on Epic Chain. Tokens can be stored in a secure founders’ vault, used to create DAO pages, or integrated into e-commerce pages for asset purchases.

• Digital Collectible Creator: Creators can generate non-fungible tokens (NFTs) in minutes, immediately available for sale in Epic Chain’s digital collectibles marketplace, with trading currency sourced from the social token creator.

• Token Gating: Creators can organize digital and physical events accessible via social tokens or digital collectibles.

• Fanable: Epic Chain’s leading RWA product, dominating the consumer goods sector and generating significant on-chain fee revenue.

• RWA Superstructure: Covers major asset classes like real estate, luxury goods, commodities, tokenized bonds, equities, treasury bills, asset-backed securities, and money market funds. Epic Chain transforms these into on-chain primitives for staking, trading, or instant spending.

Technical Infrastructure and Future Developments

Project leverages Optimism’s op-stack, delivering high throughput with 2-second blocks and low gas fees. The span-batch upgrade reduces gas fees by up to 93%, ensuring sustainability even with low transaction volumes. Blockchain components run in docker containers, with hardware (CPU, RAM, storage) and network bandwidth dynamically scalable. The blockchain state is backed up multiple times daily online and offline, allowing restoration within hours if the primary node provider fails. Future enhancements include AI-driven fraud protection, generative AI for content creation, smart contract optimization, and AI-supported technical development.

Epic Chain (EPIC) Exchanges

The $EPIC token is listed on the following exchanges: Binance, Crypto.com, Bybit, KuCoin, Uniswap, Gate.io, HTX, and MEXC. It is also tradable on decentralized exchanges like PancakeSwap.

Epic Chain Investors and Backers

Epic Chain is supported by prominent investors and backers, including GBV Capital, Kenetic Capital, Polygon Studios, Ripple, Spark Digital Capital, Morningstar Ventures, Woodstock Fund, BlackEdge Capital, Algorand Foundation, Steel Perlot, Thomas Vu, and Michael Rubin. Ripple’s backing strengthens Epic Chain’s integration with the XRP ecosystem, positioning it as a leader in RWA-focused innovation.

Epic Chain Team

The Epic Chain team is led by experienced professionals. Founder Nick Rose Ntertsas shapes the platform’s vision, while Chief Financial Officer (CFO) Evangelos Diamantis oversees financial strategies. This team drives Epic Chain’s mission to advance its entertainment and RWA-focused blockchain ecosystem.

Official Links

• Website
• X (Twitter)
• Whitepaper

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The post What is Epic Chain (EPIC)? appeared first on Coin Engineer.

In its report for Q4 2024, Grayscale highlighted 20 altcoins with growth potential, taking into account market trends and key factors specific to each token. The list now includes 6 new altcoins: SUI, TAO, OP, HNT, CELO, and UMA. However, RENDER, MNT, RUNE, PENDLE, ILV, and RAY have been removed from the previous list.

According to Grayscale, the altcoins with high potential for the fourth quarter are as follows:

• Bitcoin (BTC)
• Ethereum (ETH)
• Solana (SOL)
• Toncoin (TON)
• Chainlink (LINK)
• Near (NEAR)
• Uniswap (UNI)
• Sui (SUI)
• Bittensor (TAO)
• Stacks (STX)
• Aave (AAVE)
• Optimism (OP)
• Arweave (AR)
• Maker (SKY)
• Helium (HNT)
• Lido DAO (LDO)
• Akash Network (AKT)
• Aerodrome (AERO)
• Celo (CELO)
• UMA Protocol (UMA)

Additionally, it was stated, “This quarter, we have removed the following projects from the Top 20: Celo. Grayscale Research continues to value each of these projects, and they remain important elements of the crypto ecosystem. However, we believe the revised Top 20 list may offer more attractive risk-adjusted returns for the upcoming quarter.

Investing in the crypto asset class involves risks, including some unique to the crypto space, such as smart contract vulnerabilities and regulatory uncertainty. Furthermore, all assets in the Top 20 have high volatility and carry high risks, making them unsuitable for all investors. In light of the risks associated with the asset class, any investment in digital assets should be considered within the context of a portfolio and with the investor’s financial goals in mind.”

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The post Grayscale Reveals 20 Altcoins with Potential for Q4! appeared first on Coin Engineer.

The cryptocurrency market is about to witness a significant number of token unlock events across various altcoins throughout the new week. This list highlights the notable unlock schedules:

Ribbon Finance (RBN)

• Market Cap: $74.76 million
• Unlock Amount: $4.98 million (6.70% of market cap)
• Date: June 24, 2024, 3:00 AM UTC+3

Mask Network (MASK)

• Market Cap: $247.90 million
• Unlock Amount: $1.58 million (0.64% of market cap)
• Date: June 24, 2024, 11:00 AM UTC+3

Openfabric AI (OFN)

• Market Cap: $6.82 million
• Unlock Amount: $2.30 million (33.55% of market cap)
• Date: June 24, 2024, 3:00 PM UTC+3

H2O Dao (H2O)

• Market Cap: $160.70 million
• Unlock Amount: $1.66 million (1.03% of market cap)
• Date: June 25, 2024, 3:00 AM UTC+3

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Pintu Token (PTU)

• Market Cap: $4.93 million
• Unlock Amount: $1.05 million (21.27% of market cap)
• Date: June 25, 2024, 3:00 AM UTC+3

AltLayer (ALT)

• Market Cap: $278.03 million
• Unlock Amount: $19.88 million (6.92% of market cap)
• Date: June 25, 2024, 3:00 AM UTC+3

GateToken (GT)

• Market Cap: $717.68 million
• Unlock Amount: $51.34 million (7.15% of market cap)
• Date: June 26, 2024, 3:00 AM UTC+3

Dogechain (DC)

• Market Cap: $9.92 million
• Unlock Amount: $1.13 million (11.36% of market cap)
• Date: June 26, 2024, 3:00 AM UTC+3

Ref Finance (REF)

• Market Cap: $7.64 million
• Unlock Amount: $1.62 million (21.20% of market cap)
• Date: June 26, 2024, 3:00 AM UTC+3

Axelar (AXL)

• Market Cap: $408.10 million
• Unlock Amount: $14.46 million (3.55% of market cap)
• Date: June 27, 2024, 8:00 AM UTC+3

Yield Guild Games (YGG)

• Market Cap: $220.23 million
• Unlock Amount: $6.03 million (2.74% of market cap)
• Date: June 27, 2024, 5:00 PM UTC+3

Fetch.ai (FET)

• Market Cap: $1.21 billion
• Unlock Amount: $4.76 million (0.39% of market cap)
• Date: June 28, 2024, 3:00 AM UTC+3

Chromia (CHR)

• Market Cap: $182.96 million
• Unlock Amount: $1.27 million (0.70% of market cap)
• Date: June 28, 2024, 3:00 AM UTC+3

Maverick Protocol (MAV)

• Market Cap: $72.63 million
• Unlock Amount: $15.77 million (21.72% of market cap)
• Date: June 28, 2024, 3:00 AM UTC+3

Radworks (RAD)

• Market Cap: $58.86 million
• Unlock Amount: $1.78 million (3.03%
• Date: June 28, 2024, 3:00 AM UTC+3

The post Loaded Token Unlocks in 23 Altcoins in the New Week! appeared first on Coin Engineer.

In a statement released on Friday, Binance stated that it would be delisting certain crypto trading pairs from its Binance Spot platform. This decision affects significant cryptocurrencies such as Uniswap (UNI), Optimism (OP), and BakeryToken (BAKE), among others. As a result, users will no longer be able to trade these cryptocurrencies in specific trading pairs, potentially impacting their price movements.

The delisting of trading pairs by the crypto exchange is a routine occurrence, often influenced by factors such as low liquidity, insufficient trading volume, or a lack of demand for certain pairs.

Binance’s Announcement Regarding Spot Trading Pair Delisting

In an official announcement on April 10, Binance disclosed that it would be removing six crypto spot trading pairs from its platform. The exchange clarified that this action is part of its regular review process of all listed spot trading pairs, aimed at safeguarding users and maintaining a high-quality trading environment.

The spot trading pairs set to be delisted by Binance are BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB.

These affected spot trading pairs will cease trading activity from 03:00 UTC on April 12. However, users will still have the option to trade these cryptocurrencies through other available spot trading pairs on the Binance platform.

Additionally, Binance will discontinue support for these spot trading pairs on its bot services. Users are advised to update or cancel their spot trading bots before the deadline to mitigate any potential losses.

Price Movement of Delisted Cryptocurrencies

In response to the delisting announcement, the price of Uniswap (UNI) has experienced a slight decline of over 1% in the past 24 hours, currently trading at $11.10. Moreover, the trading volume has decreased by 5% during this period, indicating a decrease in market interest.

Similarly, Optimism (OP) and BakerySwap (BAKE) have both witnessed a decline of 6% and 4%, respectively, in the last 24 hours. The trading volumes of these tokens have also been adversely affected following Binance’s announcement.

Other cryptocurrencies, including Space ID, MOBOX, and Radiant Capital, have also experienced significant price decreases in the past 24 hours, with the downward trend persisting in recent hours.

The post Binance Delists Spot Trading Pairs for Uniswap (UNI), Optimism (OP), and Others appeared first on Coin Engineer.

Bitcoin (BTC): The BTC/USDT pair has seen a 1.24% decrease in value over the last 24 hours, currently trading at $67,441. Key resistance levels for BTC stand at $69,220 and then the ATH level. On the other hand, support levels are at $63,000, with a further support level at $61,000 if the price falls below the former.

Ethereum (ETH): The ETH/USDT pair has witnessed a 2.71% increase in value in the last 24 hours, trading at $3,729. Initial resistance for ETH is identified at $3,830, followed by $4,105. Meanwhile, support levels are estimated at $3,630 initially, with another support at $3,527.

Celestia (TIA): The TIA/USDT pair has surged by 7.15% in value over the past 24 hours, currently trading at $16.76. Key resistance levels for TIA are positioned at $17 and then $17.65. On the downside, support levels stand at $16.50 initially, followed by $15.50.

Optimism (OP): The OP/USDT pair has experienced an impressive 11.30% increase in value over the last 24 hours, trading at $4.35. Initial resistance for OP is identified at $4.79, followed by $5.26. Support levels are set at $4.14 initially, with a further support level at $3.89.

Gitcoin (GTC): The GTC/USDT pair has surged by 10.50% in value over the last 24 hours, currently trading at $2.19. Initial resistance for GTC is positioned at $2.26, followed by $2.59. Support levels are at $2.05 initially, with an additional support level at $1.89.

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The post Latest Updates on Bitcoin, Ethereum, and Top Altcoins – March 5 appeared first on Coin Engineer.

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Yesterday, Bitcoin rose to the $49,000 level, but it is currently experiencing a pullback to around $45,850. Bitcoin is again facing resistance at the $48,000 level, and if it can break this level, we could see an uptrend to the $52,000 level.

Bitcoin and Cryptocurrencies’ Latest Status

• Bitcoin (BTC): BTC/USD pair is currently trading at $45,886, down 0.97% as of the time of writing. Resistance levels for BTC are between $48,000 and $51,000, and support levels are between $44,800 and $43,600.
• Ethereum (ETH): ETH/USDT pair is currently trading at $2596, down 0.84% as of the time of writing. Resistance levels for ETH are between $2700 and $2850, and support levels are between $2304 and $2240.
• Ethereum Name Service (ENS): ENS/USD pair is currently trading at $21.15, down 12.83% as of the time of writing. Resistance levels for ENS are between $24.36 and $26.01, and support levels are between $18.10 and $13.67.
• Optimism (OP): OP/USD pair is currently trading at $3.78, down 4.65% as of the time of writing. Resistance levels for OP are between $3.95 and $4.11, and support levels are between $3.69 and $3.42.
• Cyber (CYBER): CYBER/USD pair is currently trading at $7.99, up 3.30% as of the time of writing. Resistance levels for CYBER are between $8.56 and $9.67, and support levels are between $7.70 and $7.12.

The post Bitcoin and Cryptocurrencies’ Latest Status! – January 12 appeared first on Coin Engineer.