Today, $OKB's rise feels a bit like the time when $BNB was surging, and everyone in the groups is discussing it. Although I had a feeling that this time was different after multiple tweets from Star in the last couple of days, I still bought a bit.

Recording some reflections

The reason for buying is:

The quantity of $OKB is decreasing, and its attributes are clearly positioned as the Gas for Xlayer, eliminating compliance concerns. It has also been mentioned multiple times by Star, indicating that Xlayer's strategic position is rising. OKB has a great opportunity to benefit from the development of Xlayer.

The reason for not buying much is:

I looked at the data of Xlayer. Although the on-chain meme hype is loud, nothing substantial has emerged. The TVL has only increased from 5M to 13M, clearly still in a very early stage.

However, the market is irrational, and major players understand that the recent market surge attracts attention. They have washed out chips for several years, and with a little sunshine, everyone prices in their expectations and it takes off directly.

Today seems a bit too heated, leading Star to come out and remind everyone to be more rational 😂😂😂. After all, if OKB detaches from its fundamentals and becomes a meme, it might not be what he wants to see. Compared to $BNB's 119B, $OKX's 64B is already not low.

As for whether Xlayer can gradually develop its own characteristics and leverage the OKX team's strengths in areas like Pay and wallets, that is key to how high OKB can fly.

Additionally, some core foundational Infra positions are still open. If Xlayer wants to develop, on-chain TVL and daily active protocols are essential; we can keep an eye out for any beta opportunities.

In any case, having more hotspots in the market is always good. Looking forward to okx XLayerOfficial bringing continuous wealth effects. #BNB创新高 #名人MEME热潮