OP Tokens to Flood Market as Optimism Circulation Expectations Rise

The Optimism Foundation has updated its annual budget and outlook, revealing that approximately 343 million OP tokens will enter circulation between May 2026 and April 2027. This influx of new supply comes from various sources: 200 million OP from the Ecosystem Fund, 47.6 million OP allocated to Early Core Contributors, and 15.3 million OP reserved for investors.

The circulating supply is expected to reach 2.504 billion OP by the end of this period, representing about 58.3% of the token's total supply. The Foundation emphasizes that these tokens stem from Optimism's original allocation framework and notes it has not requested any new token allocations.

At the time of the update, OP was trading at $0.08887, marking a 1.3% increase over the previous 24 hours. However, this represents a significant decline from its record high of $4.84 reached on March 6, 2024, with a drop of 98.2%. Over the past year, OP has fallen by 86.8%.