Today, OKB directly staged a 'rocket launch'. In 25 minutes, the price doubled to $99.27, after a brief pullback, it surged again to $134, with a one-hour increase of 186%. Behind this is not just market sentiment in turmoil but a strategic capital move.

X Layer comprehensive upgrade

OKX officially announces a major upgrade to X Layer, aiming to build it into a top public chain focused on DeFi, global payments, and RWA:

  • Built on Polygon CDK, throughput directly increased to 5000 TPS

  • Gas cost is almost zero

  • Security highly compatible with Ethereum mainnet

What's even tougher is that OKX Wallet, OKX Exchange, and OKX Pay have fully integrated with X Layer, supporting 0 gas withdrawal and efficient on-chain payments. Coupled with ecological funds, liquidity incentives, and improved infrastructure, this is paving the way for large-scale application deployment.

OKB economic model thoroughly optimized

OKB continues as the only gas and native token for X Layer, this time directly entering 'extreme scarcity' mode:

  • One-time destruction of 65.25 million historical repurchases and reserved OKB

  • Upgrade smart contract, cancel issuance and manual destruction

  • Total supply permanently locked at 21 million

Users holding Ethereum L1 version OKB need to recharge it to OKX and complete the chain swap through 'Withdraw to X Layer'. OKTChain will be phased out and exchanged for OKB at the average closing price.

Scarcity benchmarks against BNB, with full imagination space

  • OKB Circulation: 21 million

  • BNB Circulation: Approximately 139 million - 150 million, which is 6.6-7.1 times that of OKB

  • OKB Market Cap (at $100): Approximately $2.1 billion

  • BNB Market Cap (at $835): $116 billion - $125 billion

BNB market cap is 55-60 times that of #OKB . If OKB even reaches half the market cap of $BNB , the potential is starting from 30 times. Not to mention that OKB's total supply is fixed, and there will be regular destructions, coupled with the gas demand of X Layer, long-term scarcity will become stronger.

In the long term, this is likely the starting point for the revaluation of $OKB.