OKX Upgrades X Layer, Burns 65M OKB, and Fixes Supply at 21M
The post OKX Upgrades X Layer, Burns 65M OKB, and Fixes Supply at 21M appeared first on Coinpedia Fintech News
OKX announced a major upgrade to its X Layer blockchain, boosting performance and focusing on DeFi and payments. As part of this, OKX permanently burned 65,256,712 OKB tokens from reserves and buybacks. The OKB smart contract was upgraded to remove minting and manual burns, fixing the total supply at 21 million. OKTChain will be phased out, with OKT tokens swapped for OKB at an average price from July 13 to August 12, 2025. Following the news, OKB briefly hit a $134 all-time high before settling near $129.
On-Chain Data Shows 98% of Ethereum Wallets Now in Profit: What’s Next for ETH Price?
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New XRP Data Reveals How Much XRP You Need to Join Top 10% and 1% Richest Holders
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BitPay Launches Full Solana Support with SOL, USDC, and USDT for Users and Merchants
The post BitPay Launches Full Solana Support with SOL, USDC, and USDT for Users and Merchants appear...