Even with OP boasting impressive clients like Base, Uniswap, Kraken, and WorldCoin, the protocol revenue over the past year was only 5,868 ETH. At the current price of $3,000, that's $16 million. Even if half of that is used for buybacks, it's just an $8 million buy order. Yet, even after OP has dropped 10x, it still has a market cap of $1.3 billion, with daily trading volume reaching $30 million. So, even if OP uses half of its annual revenue for buybacks, it’s still less than half a day’s trading volume—just a drop in the bucket. This proves that any buyback without extremely strong cash flow only provides emotional value to the market, nothing more.