OKX burn la moitié de l’offre de son token OKB
OKX has triggered one of the biggest supply shocks in the history of exchange tokens. By burning 65.26 million OKB tokens, equivalent to 52% of the circulating supply, the platform has permanently removed around $7.6 billion worth of its own token. The immediate result: an explosive price surge, a skyrocketing trading volume, and a crypto market in turmoil.
Un supply divisé par deux… et un prix qui triple
The move has reduced the maximum supply of OKB to 21 million tokens, mirroring Bitcoin’s hard cap. Essentially, these OKBs have been sent to an inaccessible address, ensuring their permanent removal from the market. Before the announcement, OKB was trading around $46. A few hours later, it reached $142, over +200%, before stabilizing above $100. The trading volume also surged: +13,000% to reach $723 million in 24 hours.
This reaction is not surprising: fewer tokens available, the same demand… and the law of supply and demand does the rest. But the future will depend on OKX’s ability to translate this scarcity effect into lasting adoption.
X Layer, la prochaine arme d’OKX
To maintain bullish pressure, OKX is banking on X Layer, its own blockchain. The goal: significantly increase transaction speed, reduce gas fees, and fully migrate OKB from Ethereum to X Layer. Ethereum OKB holders can already exchange their tokens for the native X Layer version.
This strategy echoes Binance’s approach with BNB: regular burns to stimulate interest, but more importantly, a blockchain network where the token becomes essential for paying fees and accessing services.
Des chiffres qui parlent au marché
The impact of the burn goes beyond the price surge. The turnover ratio (volume traded relative to supply) has increased from 0.03 to 0.093, indicating strong speculative and strategic activity. This kind of movement attracts short-term traders… but also long-term investors who see a strong signal: the exchange is willing to sacrifice part of its reserves to strengthen the token’s value.
OKX has scored a double win: making a lasting impression with a massive event and laying the groundwork for a more autonomous ecosystem through X Layer. But the crypto market is unforgiving: without real adoption, the ‘pump’ effect could dissipate as quickly as it appeared.
