Optimism (OP) slips to $0.25 ahead of Jan. 22 return vote.
The Optimism Foundation's token return proposal will go to a vote on January 22, 2026. OP's price has dropped significantly over the past year, and the sentiment is mostly bleak. The buyback could bring profit by looking at OP 0.52-$0.75.
The Optimist Op Token traded around $0.30 on Tuesday, January 20, 2026, as the community nears a key governance vote over the past 24 hours.
But having traded to a daily high of $0.37 last week, the token's decline to current levels would allow it to return to its December low of $0.25.
Could Optimism Foundation's plan to leverage Superchain's buyback program for monthly OP purchases encourage bulls?
Optimistic return details and implications
Optimism is set for an administrative vote on Jan. 22, 2026, following a proposal floated earlier this month.
Optimism Foundation seeks community approval to allocate semi-annual payments to OP open market purchases.
Proposal for the next phase of Optimism 🔴
The Optimism Foundation is making a proposal to align the OP token with the growing demand for the superchain by directing 50% of future superchain revenue to regular OP purchases pic.twitter.com/jBQoJyxDCF
— Optimism (@Optimism) January 8, 2026
If the vote passes, the program will begin in February, with 50% of SuperChain's revenue going to Optimism. Repurchases are to be made next year.
The remaining 50% of the funds will be allocated to ecological grants, maintaining flexibility.
Like other models, such as dYdX's 75% payback purchases, Optimism aims to buy from the market. However, the tokens are returned to the OP's treasury instead of being burned directly.
If the latter occurs, supply reduction will reflect reliance on OP and Superchain's dominance.
“Through this return mechanism, OP will transition from a purely governance token to a token that is strongly aligned with Superchain growth,” Optimism wrote at the time.
The method targets every enterprise that creates a new chain on the superchain, and these are expected to increase the basic demand of the OP.
OP token price prediction
Optimum (OP) price is down 94% from its March 2024 high of $4.85. The bearish trend has dampened shareholder sentiment, and despite buyback proposals, the outlook is largely bleak.
For example, bears can hold this advantage unless Optimism fires the rebought signals. BNB's quarterly fires helped the token's price storm to new highs.
In the short term, the post-vote rally could push prices to $0.52.
As the daily chart above indicates, the 50-day and 200-day exponential moving averages at $0.32 and $0.51 (currently) serve as supply zones.
Targets in the $0.60-$0.75 range are a possibility if the crypto market recovers from the current downward pressure.
The profits of Ethereum and top ecosystem tokens will fuel this OP growth.
However, bearish pressure means that the psychological $1 mark remains well above the threshold for the time being.
Major token openings will also continue to see significant gains, and dips to $0.25 on new downside triggers will encourage sellers.
