The year 2025 has seen an unprecedented surge in crypto betting, with more players than ever wagering on sports and casino games using digital assets. While Bitcoin (BTC) and Ethereum (ETH) remain staples, two tokens are quickly gaining traction:

On August 13, 2025, the price of OKB experienced a big pump of over 180% in a short period, soaring from around $47 to a peak of $141, setting a new historical high. This market movement is due to OKX's announcement to destroy 65 million OKB and lock the total supply at 21 million. Meanwhile, OKX is upgrading the X Layer chain, significantly optimizing transaction speed and fees, while retiring the old OKTChain and converting OKT tokens to OKB. Why is OKB being burned? Is it because OK had to divest OKB for compliance before its listing? What will the future development of XLayer look like? Does OKB still have upward driving force? Burning is to shed the platform token's exterior for compliant listing. OKX announced the destruction of over 65 million OKB, permanently locking the total supply of OKB at 21 million. This move is the main reason for the big pump in the token price.

Jessy, Golden Finance On August 13, 2025, the price of OKB surged by more than 180% in a short time, rising from around $47 to a peak of $141, setting a new historical high. This market movement was triggered by OKX's announcement to destroy 65 million OKB and lock the total supply at 21 million. At the same time, OKX is conducting a technical upgrade on the X Layer chain, significantly optimizing transaction speed and costs, while retiring the old OKTChain and converting OKT tokens to OKB. Why was OKB burned? Is it because OK had to divest OKB for compliance reasons before going public? What will be the future development of XLayer? Does OKB still have upward momentum? Burning is to shed the skin of platform tokens for compliant listing. OKX announced the destruction of over 65 million OKB, permanently locking the total supply of OKB at 21 million. This move

Story Highlights OKX announces major X Layer upgrade, aiming to reshape OKB token’s future potential. The platform will permanently burn 65,256,712 OKB, locking total supply at 21 million tokens. OKTChain will be retired, allowing users to swap OKT for OKB at fair conversion. OKB briefly