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Optimism completes buyback of over 9.4 million OP tokens under approved program

Protocol Fundamentals
20 Oct 2026
Tokenpost
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Bullish
Optimism completes buyback of over 9.4 million OP tokens under approved program

Optimism has finished purchasing more than 9.4 million OP tokens as part of its approved buyback program. This completion marks a significant step in the project's token management strategy, potentially impacting token supply and market dynamics. The buyback program moving beyond approval to execution shows the project's commitment to managing its token economy actively.

The story on Optimism's buyback program provides context for readers interested in token management strategies. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Oct 20, 2026 15:21 WIB: out of 50 major cryptocurrencies, 18 rose and 31 fell. Notably, AAVE traded at Rp2.682.799 with a 1-day change of -2.72% and a Pluang order activity of 0% Sell / 100% Buy, contrasting with MANA at Rp1.485 and a near-even buy-sell split, while FTM stood at Rp11.382 with a -2.05% change and a typical hold time of 88 days.

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