OKX Token Soars to New Heights Following Historic Burn and Blockchain Migration

OKB, the native token of OKX exchange, has experienced a significant surge in value, reaching record highs after a historic token burn and blockchain migration. On August 13, 2025, OKX permanently destroyed 65 million OKB tokens, worth approximately $7.6 billion, effectively reducing the circulating supply by 52% and capping the total supply at 21 million. This move mirrors Bitcoin's scarcity model and has created a supply shock, driving the price of OKB from under $50 to over $200 in just a few weeks. Additionally, the token's utility has been expanded, further enhancing its value proposition. As of September 2025, OKB continues to attract attention in the cryptocurrency market due to its innovative approach to scarcity and utility upgrades.

OKB Price Prediction: Exchange Token Surges on Scarcity and Utility Upgrades

OKB, the native token of OKX exchange, has rallied to record highs following a historic token burn and blockchain migration. On August 13, 2025, OKX permanently destroyed 65 million OKB ($7.6 billion), reducing circulating supply by 52% and capping total supply at 21 million—echoing Bitcoin's scarcity model. The supply shock propelled prices from under $50 to above $200 within weeks.

The token's utility expanded with the launch of X Layer, a Polygon zkEVM-based blockchain where OKB serves as the exclusive gas token. Over 90% of OKB supply has migrated to the new network following the retirement of OKT Chain, consolidating liquidity and reinforcing OKB's role as both a deflationary asset and ecosystem keystone.

OKX Launches On-chain Earn in Singapore for Accredited Investors

OKX has rolled out its On-chain Earn product in Singapore, targeting Accredited Investors with a streamlined staking solution for major cryptocurrencies. The platform supports Ethereum, Solana, Cardano, and Polkadot, among others, with minimum stakes as low as 0.001 ETH.

The exchange emphasizes competitive fees baked into APY calculations, alongside institutional-grade security with ISO and CSA certifications. Ethereum's 60% rally over 90 days has heightened interest, yet many investors lacked tools to participate—a gap OKX aims to close.

By consolidating staking management within its Singapore platform, OKX eliminates multi-wallet complexities while adhering to regulatory standards. The move signals growing institutional demand for turnkey crypto yield products in regulated markets.

OKB Token Surges 104% Amid Supply Shock and Network Upgrade

OKB, the native token of OKX exchange, has skyrocketed 104% in a week, climbing from $117 to $239. The rally follows OKX's unprecedented burn of 65.26 million tokens—52% of circulating supply—capping total supply at 21 million, mirroring Bitcoin's scarcity model.

The supply shock coincides with OKX's X LAYER upgrade, boosting its zkEVM throughput to 5,000 TPS. Market participants debate whether this marks a sustained bullish cycle or short-term overheating, as OKB breaks from its historical $50 trading range.

OKX Adds PI/USDC Pair Amid Pi Network's Market Struggles

OKX has introduced a PI/USDC trading pair to bolster liquidity for Pi Network's native token, reinforcing its position as the exchange handling over a third of Pi's daily volume. The listing follows OKX's early support for Pi Coin after its Open Network launch.

Despite the new trading option, PI Coin faces severe headwinds. Trading volume has cratered 85% from $18 billion to $2.6 billion, while exchange reserves swell to 409 million tokens—a potential distribution signal. The token currently trades at $0.3637, down 87.8% from its February 2025 peak but marginally above recent lows.

The Pi Hackathon 2025 failed to catalyze developer enthusiasm as intended, with community sentiment turning increasingly skeptical. Price action remains fragile despite Pi's deflationary tokenomics, lacking definitive bullish reversal patterns.

OKB Defies Market Slump with 26% Surge to Record High Amid Massive Token Burn

OKB, the native token of OKX exchange, surged past $240 to set new all-time highs while broader crypto markets stagnated. The 26-27% rally marks a 300% monthly gain, fueled by OKX's unprecedented burn of 65.26 million tokens ($7.6 billion) on August 13 - effectively halving circulating supply.

Futures markets echoed the bullish sentiment, with open interest doubling to $23.21 million within 24 hours. Technical indicators flashed overbought signals as RSI hit 96, suggesting potential near-term consolidation. The token's utility expanded through its designation as exclusive gas token for OKX's new X Layer blockchain.

While Bitcoin and ethereum traded sideways, OKB's performance spotlighted how exchange tokens can decouple from market trends through strategic supply shocks. The burn mechanism - permanently removing tokens from circulation - created artificial scarcity that overwhelmed typical market dynamics.

Ethereum's Record Rally Triggers $400M Liquidations Amid Institutional Demand

Ethereum's surge past $4,800 ignited a $388 million liquidation storm—the largest single-asset wipe in crypto markets—as Leveraged bets unraveled. Over 183,000 traders were liquidated marketwide, with a single $10 million ETH order on OKX underscoring the frenzy.

The Fed's dovish tilt propelled ETH 15% to an all-time high of $4,885, far outpacing Bitcoin's 4% gain. 'This isn't just macro trading,' notes Hashdex's CIO Samir Kerbage. 'Wall Street's blockchain preference is shifting from theory to reality.'

Liquidations have paradoxically strengthened ETH's position, flushing out weak leverage while institutional treasury allocations build structural support. The CoinDesk 20 Index's 9% climb reflects broadening altcoin conviction beyond Bitcoin's gravitational pull.