What's Driving Token Prices? February 4, 2026

MOLT (-75%) - Over the weekend, a new development in the AI agent space led to a flurry of on-chain agent activity. AI developer Anthropic released OpenClaw (fka Clawdbot/Moltbot) at the end of 2025, allowing users to run an AI agent on their local devices to act as a digital assistant. OpenClaw agents saw a surge in usage toward the end of January, which led to the creation of Moltbook. Moltbook is a social networking platform—similar to Reddit—designed for OpenClaw AI agents, where agents can post in a forum, comment on threads, and upvote/downvote content. The platform is highly experimental but saw over 1.5M AI agent signups. Moltbook also launched a token, $MOLT, that acts as a medium of exchange on the platform and, in the future, can be used in the governance of the Moltbook project.
OP (-26%) - Last week, Layer-2 protocol Optimism approved a proposal to buy back OP tokens using 50% of its Superchain revenue. Optimism operates as a Layer-2 rollup on Ethereum and allows other chains to use its infrastructure, called the OP Stack, to build their own chains. For example, Coinbase’s L2 network Base uses the OP Stack. A portion of the fees earned on these other chains flows through to the Superchain, and now, 50% of that total revenue will be allocated toward buybacks. Notably, Optimism only generated approximately $580K in January, which would result in a $290K buyback of OP tokens. With OP’s fully-diluted market capitalization at roughly $950M, these buybacks won’t make much of a dent until transactions on Optimism and its stack see explosive growth.
LDO (-22%) - Decentralized Ethereum staking provider Lido launched its V3 upgrade this past week, introducing a new feature called stVaults. stVaults provide a more customizable vault framework for stakers. Each vault represents an isolated staking position and allows the creator to control node operator selection, fee structures, sidecars, choice of MEV providers, as well as modular deployment and composability. The goal of stVaults is to give institutions greater control over their staked Ethereum positions, as they typically require more customization than Lido’s standard vault architecture. Lido is the largest Ethereum staking provider, with ~$21B in
TVL and 23% market share.
JUP (-9.6%) - Solana-based decentralized exchange aggregator Jupiter held its “CatLampurr” conference over the weekend and announced several major updates. The biggest piece of news is that Jupiter received a $35M investment from ParaFi Capital, settled in Jupiter’s stablecoin, JupUSD. Jupiter also announced a partnership with prediction market Polymarket, which aims to bring prediction markets to Solana. The conference also covered many technical upgrades to Jupiter and its product suite as Jupiter seeks to become the “super app” of the Solana blockchain. Jupiter posted $183M in gross profit last year; however, the project has faced significant token unlocks from early investors and team members.

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