#OKB Why did it surge? Three main reasons:
1: Large-scale token destruction: OK destroyed over 65 million OKB tokens in one go, reducing the circulating supply by nearly one-third, directly increasing scarcity and triggering a market buying frenzy.
2: X Layer technology upgrade: The performance of OK's own public chain X Layer has greatly improved, with faster transactions and almost zero fees, while also being compatible with Ethereum, paving the way for diverse applications in the future.
3: Fund enthusiasm: The deflationary logic combined with a new narrative has ignited market enthusiasm. Spot and contract funds are flocking in, directly pushing the market to explode.
What else is worth noting in the OK ecosystem?
1: X Layer applications: The more applications there are on X Layer in the future, the greater the demand for OKB as ecosystem fuel.
2: Ecosystem integration: The OK wallet, payment system, and exchange are deeply bound, and OKB's core position in the ecosystem will continue to strengthen.
In summary: OKB surged due to increased scarcity and the support of a new narrative; whether it can continue to rise in the future depends on the effectiveness of ecosystem implementation.