Key Notes

OKB registered a staggering 110% increase in price over the last 7 days.

OKX recently conducted a permanent burn of 279 million tokens, which likely triggered the price gain.

The exchange also upgraded its X Layer to become a more advanced public blockchain.

OKB OKB $94.46 24h volatility: 4.1% Market cap: $1.98 B Vol. 24h: $682.28 M , the native token of the OKX cryptocurrency exchange, has registered a staggering 110% increase in price over the last 7 days.

This suggests renewed interest in the digital asset and, possibly, growing institutional demand, a trend now common with crypto assets.

The price rally coincides with a recent massive incineration of 279 million OKB.

OKB Burn Likely Pushed Price Higher

On-chain data shows that OKX recent

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