OKB Soars Following Token Burn: Supply Fixed to 21 Million

OKB’s price has seen a surge following the successful burn event that reduced its circulating supply by 65.26 million tokens, capping it at 21 million. This significant reduction, valued at $7.6 billion, has been attributed to driving bullish momentum and positioning OKB as a stand-out performer in the market. The open interest on OKB/USDT futures increased significantly, doubling to $23.21 million, indicating heightened trader optimism. 73% of OKB/USDT trading volume is handled by OKX exchange, further supporting liquidity depth.