Circle's pullback this time looks more like sentiment drove the price down first, rather than fundamentals suddenly deteriorating. The market will next pay more attention to how stablecoins and compliance pathways get implemented. Chains that serve as payment and settlement entry points will typically get re-evaluated first, and L2 narratives like $OP will also get lifted along with it. $OP

$ETH

OP-0.56%

ETH0.11%

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