OKB has experienced an explosive price surge, rising from around $117 to a high of $239 in just a few days. This rapid climb has raised questions about whether it signals the beginning of a new bullish cycle or if it’s merely a temporary spike driven by speculation. The increase stands out because OKB had been trading relatively stable for months within a range around $50. 2025 saw the token burn, which reduced its circulating supply by more than half. This event was accompanied by a major upgrade to OKX’s ecosystem: The launch of the zkEVM-based X Layer. This move increased scalability and attracted developers. 300 million tokens are now locked in circulation for this new layer. The burning event has introduced scarcity, which has been linked to price increases in the past. 5,000 TPS on this platform is a significant improvement that makes the network more attractive. 2025 saw OKX release the zkEVM-based X Layer, marking a major step forward for the exchange and potentially boosting demand for OKB. Technical indicators suggest both volatility and continued bullish momentum: RSI stands at 94.15, indicating overbought conditions, while MACD stands at 19.08. Analysts are cautiously optimistic, expecting a long-term positive outlook but acknowledging short-term corrections. The key takeaway is that OKB’s price is driven by factors like token burn and the introduction of the X Layer, creating both high utility and scarcity within the ecosystem, leading to future growth potential.