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OKB Skyrockets 112% in Half an Hour as Massive Burn and X Layer Upgrade Boost Multiple Factors
Summary: According to market data, OKB started to rise at 14:15 Beijing time today and continued to accelerate, reaching a high of $99.27 at 14:40 before pulling back, surging 112% in just 25 minutes. In terms of news, OKX officially announced a strategic upgrade for X Layer, transforming it into a leading public chain focusing on ...
According to market data, OKB started to rise at 14:15 Beijing time today and continued to accelerate, reaching a high of $99.27 at 14:40 before pulling back, surging 112% in just 25 minutes.
In terms of news, OKX officially announced a strategic upgrade for X Layer, transforming it into a leading public chain focusing on DeFi, payments, and RWA scenarios. Network throughput increased to 5000 TPS, Gas costs reduced to near zero, and security and Ethereum mainnet compatibility significantly enhanced. OKB remains the sole Gas and native token for X Layer, with a one-time burn of 65.25 million OKB from historical buybacks and reserves, fixing the total supply at 21 million tokens.
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Link: OKB Skyrockets 112% in Half an Hour as Massive Burn and X Layer Upgrade Boost Multiple Factors [Copy]
