OKX’s OKB Token Skyrockets 180% Ahead of Major Ecosystem Upgrade and Token Burn

On August 14, 2025, OKB, the native token of the OKX cryptocurrency exchange, experienced an unprecedented surge of 180% within just one hour. This dramatic price movement followed two major announcements: a significant token burn and a strategic upgrade to X Layer, a ZK-powered Layer 2 network. The token's price peaked at $137.34 after trading as low as $46.76 earlier in the day, marking one of the most volatile trading sessions in OKB's history. The upgrade represents a pivotal moment for OKX's ecosystem, as it positions OKB as the central asset for gas fees and economic activities across all of OKX's platforms. This strategic move includes the sunset of OKTChain and the migration of OKT tokens, further consolidating OKB's role as the primary utility token within the OKX universe. The token burn mechanism, a deflationary strategy commonly employed by cryptocurrency projects, likely contributed to the bullish sentiment among investors. This development comes at a time when cryptocurrency exchanges are increasingly focusing on building robust ecosystems around their native tokens. OKX's decision to integrate OKB across its Layer 2 solution and broader ecosystem demonstrates a long-term vision for the token's utility and value proposition. The 180% price surge reflects market optimism about these fundamental improvements to OKB's economic model and its enhanced role in OKX's growing infrastructure. The rapid price appreciation also highlights the cryptocurrency market's sensitivity to strategic announcements from major exchanges, particularly when they involve tangible economic benefits like token burns and expanded utility. As OKX continues to execute its roadmap, the cryptocurrency community will be watching closely to see how these upgrades affect OKB's long-term adoption and price stability beyond this initial speculative surge.

OKB Token Surges 180% Ahead of Major Burn and Strategic Upgrade

OKB, the native token of OKX exchange, skyrocketed 180% within an hour following announcements of a massive token burn and a strategic upgrade to X Layer, a ZK-powered L2 network. The token peaked at $137.34 after trading as low as $46.76 earlier in the day.

The upgrade positions OKB as the central asset for gas fees and economic activities across OKX's ecosystem, including the sunset of OKTChain and migration of OKT tokens to OKB. Over 65 million OKB will be permanently burned on August 15, accelerating its deflationary mechanics.

X Layer's overhaul focuses on DeFi, payments, and real-world asset tokenization, with deep integration across OKX Wallet, Exchange, and Pay services. The move signals OKX's ambition to compete directly with ethereum for institutional blockchain adoption.

OKX Announces Massive Coin Burn, Boosting OKB Value Dramatically

OKX has overhauled its tokenomics model with a one-time burn of 65.26 million OKB tokens, slashing total supply to a hard-capped 21 million. The MOVE triggered a 170% price surge, propelling OKB to $137 within hours—a stark demonstration of scarcity mechanics in action.

The exchange will permanently disable minting functions via a smart contract upgrade, locking supply dynamics. This structural shift eliminates manual intervention risks, aligning with crypto's ethos of predictable emission schedules.

OKB Surges 140% Following OKX's Token Burn and Supply Cap Announcement

OKX has unveiled a transformative upgrade to its X LAYER network, triggering a 140% price surge for its native token OKB. The exchange will permanently burn 65.2 million OKB tokens from reserves and implement a hard cap of 21 million tokens, mirroring Bitcoin's scarcity model.

The strategic overhaul includes retiring OKTChain and repositioning X Layer as a DeFi-focused public blockchain. OKB will serve as the exclusive gas token for the upgraded network, which aims to support real-world asset applications and payment solutions.

Market response was immediate, with OKB reaching a record $110 as traders rewarded the supply constraint mechanism. The move signals OKX's commitment to creating long-term value stability for its ecosystem token.

OKB Hits All-Time High After $7.6 Billion Token Burn and Supply Cut

OKX executed one of the largest token burns in cryptocurrency history, permanently removing 65.26 million OKB tokens worth $7.6 billion from circulation. The move slashed the circulating supply by 52% and capped the total supply at 21 million, mirroring Bitcoin's scarcity model.

The market reacted violently to the supply shock. OKB's price surged over 200% to a record $142 before stabilizing NEAR $102, while trading volume exploded by 13,000%. This radical deflationary measure coincides with OKX's blockchain upgrade—X Layer now processes 5,000 TPS with negligible fees, phasing out Ethereum-based OKB tokens.

Come August 15, 2025, OKTChain will sunset with automatic conversion of OKT to OKB. The exchange has permanently disabled minting functions, locking OKB's monetary policy in code. Such aggressive tokenomics recall Bitcoin's halving mechanics, but compressed into a single catalytic event.

OKX Burns 65 Million OKB Tokens in Historic Move, Price Surges 170%

OKX has executed a landmark token burn, permanently removing 65.26 million OKB tokens from circulation. The reduction caps total supply at 21 million—a strategic play mirroring Bitcoin's scarcity model. Market response was immediate, with OKB's price skyrocketing 170% following the announcement.

The exchange simultaneously revealed plans to sunset OKTChain, converting existing OKT tokens to OKB at market-determined rates. This consolidation strengthens OKB's position as the ecosystem's primary utility token.

Technical upgrades accompany the economic changes. X Layer's integration with Polygon CDK now enables 5,000 transactions per second, significantly enhancing network capacity. These coordinated developments signal OKX's ambition to position OKB as a cornerstone asset in competitive crypto markets.