OKB Price Surge: Why Exchange Token is Rallying Amidst New Highs

The recent surge in OKB price can be attributed to two key factors: a significant token burn event on August 13, 2025, and the rollout of the X Layer blockchain migration. This strategic move from OKX permanently reduced the circulating supply by nearly 52%, removing over 65 million OKB worth $7.6 billion, making it one of the most scarce assets in crypto. This reduction in supply immediately triggered a surge in buying interest, propelling the price from below $50 to above $200 within weeks. For long-term investors, this tokenomics upgrade strengthens OKB’s reputation as a deflationary exchange token with strong potential for growth.