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OceanPal Inc ( (OP) ) just unveiled an update.
OceanPal Inc. announced that its subsidiary, SovereignAI Services LLC, holds 53.9 million NEAR tokens valued at approximately $133 million, representing 4.2% of the total NEAR token supply as of November 13, 2025. This move is part of a broader strategy to accumulate 10% of the NEAR supply, aiming to leverage NEAR Protocol’s AI capabilities for agentic commerce. Additionally, OceanPal has changed its stock trading symbol from ‘OP’ to ‘SVRN’ on the Nasdaq Capital Market, effective November 17, 2025, to reflect its commitment to AI and blockchain integration.
Spark’s Take on OP Stock
According to Spark, TipRanks’ AI Analyst, OP is a Neutral.
OceanPal Inc’s stock score is low primarily due to significant financial challenges, including negative profitability and cash flow issues. The stable debt-free balance sheet is a positive, but technical indicators and valuation metrics provide little support for upward momentum.
To see Spark’s full report on OP stock, click here.
More about OceanPal Inc
OceanPal Inc. is a global provider of shipping transportation services, specializing in the ownership and operation of dry bulk vessels and product tankers. The company is engaged in the seaborne transportation of bulk commodities, including iron ore, coal, and grain, as well as refined petroleum products. Its fleet is primarily employed on time charter trips with short to medium duration and spot charters, with a strategic focus on maximizing long-term shareholder value.
Average Trading Volume: 685,010
Technical Sentiment Signal: Sell
Current Market Cap: $42.95M
Learn more about OP stock on TipRanks’ Stock Analysis page.