OKX has dramatically reshaped its blockchain landscape with a comprehensive upgrade to its X Layer network and a sweeping overhaul of the OKB token's economic model, triggering an immediate and substantial market surge for the asset. This strategic move aims to consolidate the ecosystem, enhance network performance, and cement OKB's foundational role.
Historic Tokenomics Transformation
Central to this transformation is a monumental, one-time burn of over 65 million OKB tokens, effectively capping the total supply at a fixed 21 million. This drastic reduction, combined with a commitment to future automatic burns via a smart contract and the removal of minting functions, positions OKB as a scarce, fixed-supply asset, akin to Bitcoin, which significantly heightens its perceived value. Furthermore, the update streamlines OKX's token ecosystem by initiating the phased decommissioning of OKTChain and automatically converting OKT tokens to OKB, thereby solidifying OKB's position as the sole native and gas token on X Layer.
X Layer's Enhanced Performance and Ecosystem Integration
Alongside these pivotal tokenomic changes, the X Layer network itself has undergone a significant "PP upgrade," leveraging the latest Polygon Chain Development Kit. This enhancement dramatically boosts transaction throughput to 5,000 transactions per second and slashes gas costs to near zero, while improving alignment with Ethereum's mainnet. These technical advancements are designed to support high-concurrency use cases, including decentralized finance (DeFi), global payments, and real-world asset issuance. OKX is also deeply integrating X Layer across its product suite; the OKX Wallet, Exchange, and OKX Pay are all adopting X Layer as their default public network to provide streamlined, low-cost user experiences within a unified Layer 2 environment. The market's response to these profound changes has been swift and decisive, with OKB's price skyrocketing by over 140%, underscoring investor confidence in the token's enhanced scarcity and the network's superior performance.
