OKB Price Soars 150% Driven by $7.86 Billion Burn & OKX’s New Layer Upgrade

The OKB token has experienced a dramatic surge of over 150%, reaching $115 in the past 24 hours, fueled by a significant burn event and an innovative blockchain upgrade from OKX. The price rise was driven by a record-breaking $7.86 billion token burn, reducing supply by over 50% in a single transaction. This action is part of OKX’s long-term deflationary strategy and aligns with the scarcity model adopted by Bitcoin.