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OKB's bull run in one day? OKB surged 200% in one hour: the triple logic behind the X Layer upgrade

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Today, #OKB directly staged a "rocket launch". Within 25 minutes, the price doubled to $99.27, and after a brief pullback, it soared to 134, with a one-hour surge of up to 186%. Behind this, it's not just market sentiment in turmoil, but a strategic capital move.

X Layer Comprehensive Upgrade

OKX officially announced a major upgrade to X Layer, aiming to build it into a top public chain focused on DeFi, global payments, and RWA:

  • Built on Polygon CDK, with throughput directly increased to 5000 TPS
  • Gas costs are almost zero
  • Security highly compatible with Ethereum mainnet

Even more impressive is that OKX Wallet, OKX Exchange, and OKX Pay have fully integrated X Layer, supporting zero gas withdrawals and efficient on-chain payments. Combined with ecosystem funds, liquidity incentives, and infrastructure improvements, this is paving the way for large-scale application deployment.

OKB Economic Model Thoroughly Optimized

OKB continues to be the sole Gas and native token of X Layer, now entering an "extreme scarcity" mode:

  • One-time burn of 65.25 million historical buyback and reserved OKB
  • Upgrade smart contract, cancel additional issuance and manual burns
  • Total supply permanently locked at 21 million

Users holding Ethereum L1 version OKB need to deposit to OKX and complete chain swap through "withdraw to X Layer". OKTChain will be phased out and exchanged for OKB at average closing price.

Communication + Q: 3806326575

Scarcity Benchmarked Against BNB, Imagination Space Fully Expanded

Comparing two leading exchange tokens:

  • OKB Circulation: 21 million
  • BNB Circulation: About 139-150 million, 6.6-7.1 times OKB
  • OKB Market Cap (at $100): About $2.1 billion
  • BNB Market Cap (at $835): $116-125 billion

#BNB market cap is 55-60 times OKB's. If OKB even catches up to half of BNB's market cap, the potential is at least 30 times. Not to mention OKB's fixed total supply, periodic burns, and X Layer's gas demand, long-term scarcity will become increasingly stronger.

Conclusion

This market trend is not just short-term player sentiment, but a triple resonance of capital, technology, and narrative: X Layer upgrade brings application imagination, OKB scarcity provides price support, and benchmarking against BNB offers sufficient valuation space. Short-term volatility may be intense, but from a long-term perspective, this could be the starting point of OKB's value reassessment.

Market waves come one after another, going solo is easy to get lost.

To catch the next doubling opportunity, welcome to join my circle, watch the market, communicate, and buy the dips with old friends! Let's take fewer detours and outrun the next bull market! 📬V: c13298103401💬Q: 3806326575

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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