OKB Surges 155 79 After 65 26M Token Burn and Blockchain Upgrade

OKB experienced a significant price surge following a major token burn orchestrated by OKX, which permanently removed 65.26 million OKB tokens from circulation, valued at $7.6 billion [1]. This event took place on August 13, 2025, and marked a key moment for the token, as the supply was effectively reduced by over half, leaving a total of 21 million OKB in circulation [5]. The immediate impact was a sharp price increase, with OKB surging over 155% in the short term to reach $117.86 [1], and later hitting a record high of $142.88 [7]. Analysts attributed the rise primarily to the deflationary strategy employed by OKX, which reduced supply and increased token scarcity [3].

The burn was part of a broader blockchain infrastructure upgrade, including the launch of a new “X Layer” to enhance cross-chain capabilities and transaction speed, reportedly boosting throughput to 5,000 transactions per second (TPS) [5]. These technological advancements, combined with the supply-side strategy, positioned OKB as a strong performer in the crypto market. OKB became the week’s top-performing token, gaining over 160% [9], a result that set it apart from other projects with more modest gains.

Market observers noted that the price surge was driven by both fundamental improvements and increased demand from investors. However, signs of potential sell pressure emerged, as $58 million in OKB inflows were recorded on exchanges within a 24-hour period, suggesting short-term traders were preparing to lock in profits [3]. OKX CEO Star Xu confirmed the scale of the burn, emphasizing the long-term value proposition of reducing supply and aligning tokenomics with user interests [1].

Despite the strong market reaction, there was no verified link between OKB’s performance and political developments, including meetings involving Donald Trump and Volodymyr Zelenskyy. Analysts remain focused on the technical and supply-driven factors shaping OKB’s trajectory [3]. The broader implications of the burn are still being evaluated, with attention turning to future supply adjustments, adoption of the X Layer, and continued monitoring of OKB’s behavior on exchanges.

[1] OKB Soars 155 79 After Blockchain Overhaul and Token ...

https://www.ainvest.com/news/okb-soars-155-79-blockchain-overhaul-token-burn-worldcoin-eyes-2-70-technical-indicators-strengthen-blockdag-hits-376m-presale-2-660-return-early-investors-2508/

[3] Cold Wallet Delivers Live USDT Cashback Plus Referral ...

https://techbullion.com/cold-wallet-delivers-live-usdt-cashback-plus-referral-rewards-while-shib-expands-10k-strong-and-okb-climbs-135/

[5] OKX token hits ATH after 65M OKB burn and supply cap ...

https://cryptorank.io/news/feed/3510b-okb-blasts-by-173-after-65-26m-token-burn

[7] HOLD News Today | Latest EARN Updates

https://www.bitget.com/price/hold/news

[9] Crypto market's weekly winners and losers – OKB, Aero, ...

https://insights.goonus.io/en/insights/crypto-markets-weekly-winners-and-losers-okb-aero-spx-pengu/