Will $OKB Hold $184 After Token Burn and X Layer Upgrade Despite

okb OKX X Layer Ad Disclosure Ad Disclosure We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More $OKB's recent dip to $184 hasn't shaken its strength, a historic token burn, the X Layer upgrade, and a $100M ecosystem fund from OKX. Ad Disclosure Ad Disclosure We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More Author Jimmy Aki Author Jimmy Aki About Author Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, and Blockonomi, covering news... Author Profile Share Copied Ad Disclosure Ad Disclosure We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More Last updated: 3 hours ago Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. $OKB is trading at $184 after an 11.8% pullback, yet remains dramatically elevated following its historic 177% weekly explosion. While regulatory clouds linger and technicals show consolidation, the fundamental landscape has permanently shifted. With supply now permanently capped and utility expanding through X Layer integration, this pullback may represent a new foundation rather than a breakdown only if buyers defend key levels. Source: CoinMarketCap OKB ($OKB): Token Burn, X Layer Upgrade, and the Road Ahead. In mid-August, OKX permanently burned 65 million $OKB tokens, removing them from its reserve and reducing the circulating supply. This fixes the total supply at 21 million tokens. This scarcity-driven move triggered a sharp rally, sending $OKB to an intraday high of above $243 on August 21. Alongside the burn, OKX launched X Layer, a zkEVM-based blockchain capable of 5,000 transactions per second with near-zero fees. Over 90% of $OKB tokens migrated to X Layer, consolidating liquidity and utility. As the exclusive gas token, $OKB now powers OKX’s ecosystem, including Wallet, Exchange, and Pay, strengthening its role in both DeFi and real-world applications. Significant changes are ahead, as OKX plans to retire the OKTChain blockchain entirely by January 1, 2026, migrating OKT holders to the X Layer network. Users can swap $OKT for $OKB at a fixed rate through the end of 2025. Beyond technical upgrades, OKX aims to deepen its presence in regulated... https://cryptonews.com/news/will-okb-hold-184-after-token-burn-and-x-layer-upgrade-despite-regulatory-challenges/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple