Massive Token Burn sends OKB who shoots 130% to new Ath

Tl; Dr.

• OKB tapped $ 135, the highest price ever, before he withdrew 11% within the hour.
• One -off combustion of 65 m OKB reduced the supply to 21 m, which means that a rapid price increase is fueled and a record high.
• RSI at 94.73 shows a strong purchasing pressure, while the balance between Energierezen promotes bullish market control.

Price jumps on token fire and upgrade

OKB stolen the show today after a huge triple numerical increase that drove him to a new highest point of $ 135. This spectacular rally has usually been materialized in the last day, because OKB’s weekly and monthly profit is comparable to today’s increase.

The total trade volume has risen to more than $ 2.2 billion, according to Coingecko data. Although OKB has been withdrawn since its peak, it is still 132% higher and it is well above $ 100.

Perhaps the most likely reason behind the increase in token is the decision of OKX to burn more than 65 million OKB in a one -off event. After the burn, the total offer will last 21 million.

Okx too announced An upgrade to X layer, ZKEVM -Blockchain with polygon. The change, called the PP upgrade, adds new polygon CDK functions. Passing -on will rise to 5,000 TPS, the gas costs will fall and the compatibility of the Ethereum will improve. X Layer is linked with OKX wallet, OKX Exchange and OKX pay for functions such as gasless recordings.

Token structure and chain changes

Oktchain will be retired and Oct -Trade ends on August 13, 2025. Remaining tokens will convert to OKB on 15 August with an average price. The chain remains open to deposits until January 1, 2026.

OKB remains if the native guest smoking for X layer. The Ethereum L1 version is being phased out. Holders must bridge tokens to X layer before L1 recordings are closed. Plans also include an ecosystem fund, liquidity rewards and upgrades to bridges, oracles and compliance systems.

Technical lectures and trading display

RSI is 95, which shows a strong buying pressure and an overbough market. Such levels are unusual, but can last when movements are powered by news.

The power balance is 0.62, which shows that buyers have control. Such such measurements often appear during periods of heavy accumulation.

Trader Efloud said,

“Maybe I am a market maker. I don’t know yet … we have to enjoy our winnings.”

He had previously noted that a withdrawal to the range of $ 43.3 – $ 42.4 would let him look at a bullish structure on lower timetables.

$ Un | Update

Not much to say.
Check the quoted message and then check it.

My standards are high, but this turnout even surpassed me.
Maybe I am a market maker. I don’t know yet.

All I know is that we have to enjoy our winnings https://t.co/wbjibafsqk pic.twitter.com/jmva60gvxr

– Efloud (@efoudthesurfer) August 13, 2025