Recent developments in the crypto ecosystem worth paying attention to include:
The Optimism Foundation has proposed a buyback plan—aiming to use half of the revenue from Superchain to regularly repurchase $OP tokens. This approach not only strengthens the token's value but also encourages the community to participate more closely in ecosystem growth. The repurchased OP will be subject to community voting to decide whether to burn or redistribute. The plan also includes granting the foundation more flexible ETH treasury management rights. A governance vote is scheduled for January 22nd, and if approved, implementation could begin as early as February, lasting for 12 months.
In the Layer 2 space, ADI Chain, based on ZKsync technology, announced a partnership with M-Pesa Africa, the largest mobile payment platform in Africa, primarily to provide settlement infrastructure for cross-border payments. This chain is known for its institutional-grade, compliant features and is also the official hosting chain for the UAE Dirham stablecoin. This collaboration looks very promising.
Even more interesting is the movement of large ETH funds—SharpLink Gaming has deployed $170 million worth of ETH from its reserves to the Linea network under Consensys. This asset is managed by Anchorage Digital, with the goal of generating yields through EigenCloud. SharpLink holds 863,000 ETH, making it the second-largest ETH holder outside of exchanges. This move reflects institutional confidence in the Layer 2 ecosystem.
Vitalik has also been emphasizing the development direction of Ethereum—he believes the focus should be on expanding bandwidth and throughput rather than excessively reducing transaction latency. He points out that ZK technology can achieve scalability without sacrificing decentralization, and sub-second response times can be addressed through off-chain solutions. This perspective has a profound impact on the technological evolution of the entire Ethereum ecosystem.
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MEVHunter
· 4h ago
OP's buyback plan, once launched in February, will quietly make a fortune in the mempool... Wait, SharpLink is investing 170 million into Linea. What is this hinting at? Is the gas war about to heat up?
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LiquidationOracle
· 11h ago
OP's buyback this time really has some substance, feels like the community voting weight has increased
I am optimistic about the combination of ADI and M-Pesa, Africa's payment infrastructure indeed needs improvement
SharpLink investing 170 million into Linea is no joke, institutions are really voting with their feet
Vitalik still sticks to the same argument, ZK is the right path, there's no need to be so competitive about latency
Honestly, compared to these, I care more about whether OP's voting can really pass...
The L2 arms race is really heating up, every chain wants to secure a position
The big moves by institutions into Layer 2 send a strong signal
Bandwidth expansion priority has been raised, this time v神's focus has definitely shifted
This round of ecosystem development is truly gaining momentum, unlike the chaos of the past two years
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TokenStorm
· 01-10 12:45
OP's buyback plan is basically to support the market, but on-chain data shows that the foundation's treasury pressure is indeed high. I went all-in on a bit of it.
I don't quite understand the ADI and M-Pesa parts. The African market has a lot of imagination but the implementation difficulty is also not low. I'll wait and see.
$170 million invested in Linea? SharpLink's move is a bit aggressive; the risk level is maxed out, but it indeed reflects institutional confidence. I also want to join, but the miner fees discouraged me.
Vitalik basically says it's about ZK or not ZK; throughput is the key. I have no issue with this logic, but don't forget how many projects currently follow ZK that are just fake tech with fake funding. Backtesting will tell.
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SmartContractWorker
· 01-09 18:02
OP's buyback this time, if it really passes, we need to closely watch the vote at the end of January. It feels like the price will go up.
The collaboration between ADI and M-Pesa is quite interesting; the African payment scene is indeed huge.
Spending $170 million on Linea—are big institutions starting to go all-in on L2?
Vitalik is right; throughput is the key, and those latency optimizations are just superficial.
Will the buyback be used for destruction or redistribution? This vote is going to cause a fight again haha.
Regulatory-compliant stablecoins + payment infrastructure—ADI is on the right track.
The move by SharpLink is meaningful; are the 860,000 ETH whales really so optimistic about L2?
The ZK route is confirmed; this year's technical direction is now clear.
Superchain sharing half of the buyback OP? How could the foundation be willing?
Are institutions bottoming out or truly believing in L2?
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ShibaOnTheRun
· 01-09 01:59
OP's buyback plan seems to be a common tactic before cutting leeks, claiming that community votes will decide whether to burn or redistribute, but the conclusion has already been predetermined.
ADI Chain's partnership with M-Pesa sounds promising, but can the payment infrastructure in Africa really get off the ground, or is it just another grand-sounding concept?
Spending $170 million on Linea, SharpLink's move is quite bold... but that's how institutions are—they throw money into Layer 2, fearing to miss out on the dividends.
Vitalik is right; throughput is much more important than latency. True scalability is the real key.
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CrossChainBreather
· 01-09 01:59
OP's buyback this time is impressive, but whether it will truly materialize depends on the voting results on January 22.
The collaboration between ADI and M-Pesa is indeed imaginative; compliance and payments are truly a blue ocean.
SharpLink investing 170 million into Linea? The institutions are really all in on L2, it's a bit concerning.
Vitalik is right; throughput is the key, those claiming sub-millisecond latency are just talking nonsense.
Wait a minute, with so many major events happening together, is it about to take off?
View OriginalReply0
ApeWithNoChain
· 01-09 01:57
OP really wants to play for real, even letting the community vote on buybacks... I'm just worried it will turn into another governance drama, and in the end, those whales still call the shots.
ADI Chain's move is quite aggressive, directly connecting African payments with Link, offering compliance + stablecoins as a one-stop solution—this is what true international expansion looks like.
SharpLink investing 170 million into Linea? Bro, this is a real belief in the future of L2. Holding 860,000 ETH and speaking confidently.
Vitalik is still teaching us how to behave; throughput is the key, he’s not wrong about that—it's just a matter of who can really deliver.
Institutions are bottoming out on L2, while retail investors are still debating when to buy the dip on ETH—there's a noticeable gap in the outlook.
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LiquidatedTwice
· 01-09 01:55
OP buyback feels like the final setup before harvesting the leeks, community voting? Hehe
The M-Pesa partnership is indeed interesting, but can it really scale in Africa, or is it just on paper?
SharpLink invested 170 million into Linea, the institutional bottom-fishing mentality is very obvious.
Vitalik is again brainwashing about ZK, the decentralization talk is making my ears callus.
View OriginalReply0
SerumSqueezer
· 01-09 01:40
OP's buyback plan still feels like the old routine. How long can the token's value hold up?
The partnership between ADI Chain and M-Pesa is truly interesting, actually bringing crypto into everyday life in Africa.
SharpLink invested 170 million into Linea, this is real money voting, institutions are betting on L2.
Vitalik is right, bandwidth is the future, throughput > low latency, I agree with this idea.
Can OP pull this off? Still waiting to see the vote on January 22.
ZK is the real king. Changing the subject, when will Bitcoin also start using ZK?
Will M-Pesa become the next big breakout point? I'm a bit excited.
170 million ETH directly invested, that’s really bold.
Vitalik is always thinking big, while I’m still calculating transaction fees. The gap is huge.
Layer 2s are all competing, but it seems only those truly building infrastructure will survive in the end.
View OriginalReply0
SnapshotBot
· 01-09 01:32
The repurchase of OP feels a bit pointless this time. The promised value enhancement still depends on community voting... Isn't that just arguing?
The partnership between ADI Chain and M-Pesa is interesting, but honestly, how large is the African market?
$170 million invested in Linea, SharpLink is betting on L2... It seems the big players have been eyeing this for a while.
I agree with Vitalik's argument that throughput is a priority. ZK indeed is the breakthrough, and sub-millisecond latency requirements should have been handed over to sidechains long ago.
This round of ecosystem actions is indeed promising, but it remains to be seen how they will be implemented later.
Recent developments in the crypto ecosystem worth paying attention to include:
The Optimism Foundation has proposed a buyback plan—aiming to use half of the revenue from Superchain to regularly repurchase $OP tokens. This approach not only strengthens the token's value but also encourages the community to participate more closely in ecosystem growth. The repurchased OP will be subject to community voting to decide whether to burn or redistribute. The plan also includes granting the foundation more flexible ETH treasury management rights. A governance vote is scheduled for January 22nd, and if approved, implementation could begin as early as February, lasting for 12 months.
In the Layer 2 space, ADI Chain, based on ZKsync technology, announced a partnership with M-Pesa Africa, the largest mobile payment platform in Africa, primarily to provide settlement infrastructure for cross-border payments. This chain is known for its institutional-grade, compliant features and is also the official hosting chain for the UAE Dirham stablecoin. This collaboration looks very promising.
Even more interesting is the movement of large ETH funds—SharpLink Gaming has deployed $170 million worth of ETH from its reserves to the Linea network under Consensys. This asset is managed by Anchorage Digital, with the goal of generating yields through EigenCloud. SharpLink holds 863,000 ETH, making it the second-largest ETH holder outside of exchanges. This move reflects institutional confidence in the Layer 2 ecosystem.
Vitalik has also been emphasizing the development direction of Ethereum—he believes the focus should be on expanding bandwidth and throughput rather than excessively reducing transaction latency. He points out that ZK technology can achieve scalability without sacrificing decentralization, and sub-second response times can be addressed through off-chain solutions. This perspective has a profound impact on the technological evolution of the entire Ethereum ecosystem.