$BTC #OKB #TradingTales

Why has OKB risen so much today?

1. Massive Token Burn

OKX conducted one of the largest token burns in crypto history — 65,256,712.097 OKB, which were accumulated from previous buybacks and reserves.

2. X Layer Upgrade

The X Layer platform, launched in collaboration with Polygon in 2023, received an update based on the latest version of Polygon CDK.

Throughput increased to 5,000 TPS.

Fees have virtually dropped to zero.

Compatibility with Ethereum has deepened, simplifying the integration of DeFi and other applications.

X Layer is now officially focused on DeFi, global payments, and the tokenization of real-world assets (RWA).

4. Closure of OKTChain and Conversion of OKT → OKB

OKTChain is gradually becoming a thing of the past. Trading of OKT has already been halted, and starting from August 15, 2025, OKX will automatically convert OKT to OKB at the average price from the previous month. Complete closure of the network is set for January 1, 2026. This will increase demand for OKB, as it will become the sole native token of the ecosystem.

OKX has not just made a technical upgrade — it has completely changed the economics of OKB. We have a rare case where scarcity, fundamentals, and marketing have coincided at one moment. Short-term volatility is possible, but in the long term, this is a strong bullish signal for the token.