Ether.fi, a decentralised staking protocol with $5.7B in TVL, announced on February 18, 2026, the migration of its non-custodial crypto card product, Ether.fi Cash, from the Scroll network to OP Mainnet (Optimism Mainnet), The Block. The transition, set to occur over the coming months, involves approximately 70,000 active cards, 300,000 accounts, and millions in user TVL. The Defiant. Ether.fi Cash allows users to spend stablecoins or borrow against staked assets like eETH while earning yield, and is accepted at Visa merchants and Odaily. X posts from @TheBlock__ confirm the move, noting Ether.fi’s dominance in crypto-native payments.
The shift to OP Mainnet leverages Optimism’s OP Enterprise for global payment enhancements, established liquidity, and enterprise-grade support. The Defiant. OP Stack processed 3.6 billion transactions in H2 2025, representing 13% of all crypto transactions, providing high-throughput infrastructure for KuCoin. Previously on Scroll, which ranks as the 12th-largest Ethereum L2 with $100M TVL, Ether.fi contributed significantly to Scroll’s activity. The Defiant. The migration offers increased liquidity for swaps, broader asset access, and gas-fee coverage, as Optimism’s blog cited by The Block. X posts from @Scroll_ZKP highlight past partnerships with Ether.fi for real-world transactions.
Ether.fi’s move could impact Scroll‘s TVL, as the protocol accounts for a substantial portion of its activity. Phemex. Conversely, Optimism benefits from the influx, strengthening its Suchain ecosystem, ForkLog. The announcement coincides with Base pivoting from OP Stack to a proprietary chain, highlighting L2 competition: ForkLog. Ether.fi’s $160M+ TVL migration marks a long-term partnership with Optimism to accelerate onchain payments, The Block reports. Regulatory risks, such as SEC scrutiny of DeFi, remain at Coinlaw.io, but the shift enhances Ether.fi’s scalability without disrupting users.
Looking ahead, Ether.fi’s migration positions it for broader adoption, potentially boosting ETH ($4,070) as L2 activity grows, CoinMarketCap. Risks include migration disruptions or L2 volatility, with Scroll potentially losing TVL. Investors should monitor Optimism‘s OP token ($4.50, up 5%) on TradingView for gains. Track TVL shifts on DefiLlama and follow @ether_fi on X for updates [post:1]. Diversify into USDC or SOL ($184.50) to hedge, with stop-losses below ETH’s $4,000, Techopedia. This shift could drive $10B in L2 TVL by 2027, but competition from Base and others looms.
