The native token of the crypto exchange OKX, OKB, has experienced a significant surge in value, skyrocketing by 180% within just an hour following the platform’s announcement of a major token burn program and other innovative developments on August 13th. Currently trading around $120 after hitting highs of $137.34 from a daily low of $46.76, according to CoinMarketCap data, this impressive growth coincides with OKX’s strategic upgrade to the X Layer, a ZK-powered layer 2 network connecting OKX and Ethereum. This move is set to build a leading public blockchain focused on DeFi, payments, and asset tokenization (RWA). OKX outlined key upgrades to its X Layer that include core-tech updates, development of an ecosystem strategy, integration with the OKX Wallet, OKX Exchange, and OKX Pay. These changes will put OKB at the center of the OKX ecosystem for transactional fees and other economic activities.