OKB Soars After Token Burn and Supply Reform

OKB hit a new all-time high, surging over 50% due to a large token burn and its transition to OKX’s X Layer, strengthening its blockchain infrastructure. The move significantly reduced the supply of OKB tokens, driving investor interest. This coincided with stable Bitcoin and Ethereum conditions, leading to heightened market attention. The event saw key figures like Jay Hao and Haider Rafique spearhead strategic actions including a massive 65 million token burn, setting OKB as a primary gas token within the ecosystem.