🟢 This milestone was achieved at block 939,999, mined by the Foundry USA team. 🟢 The current circulating supply of $BTC exceeds 95.2%.
🟢 The mining of the first 20 million BTC took over 17 years. Due to the halving mechanism, the remaining 1,000,000 BTC will take approximately another 114 years to mine, expected until the year 2140.
🔴 Today $OP reached an all-time low below $0.13 after information emerged that #Base is leaving Optimism's Superchain to develop its own technology infrastructure, instead of continuing to build on the OP Stack. At the same time, the funding rate in the market has also dropped to an extremely low level.
🔴 Notably, #Base was previously the largest revenue contributor to Optimism among all L2s using the OP Stack.