#OKB soars +172% in 24H
Touching $125 and extending a 166% weekly surge, one of the sharpest moves for an exchange token in years.
Driving the momentum:
- Massive supply cut: #OKX burned 65.25M OKB ($8B) from reserves in a one-time event, fixing total supply at 21M.
- Tokenomics overhaul: Minting and manual burns removed, locking in permanent scarcity.
- Ecosystem shift: X Layer replaces OKTChain, with OKB now the exclusive gas token across a 5,000 TPS network.
- Volume explosion: Trading activity spiked 10619% to $615M.
The combination of structural scarcity + expanded utility is rewriting OKB’s market value in real time.