OKB Token ATH, Pumps 400% After 65 Million Token Burn Event

In the past few days, the price growth event of OKB – the native token of the OKX exchange—has become the center of attention of the entire crypto market.

Native Token of OKX – OKB Token – Pump Hard

On August 13, OKX announced the plan to permanently burn 65,256,712 OKB from its tokenomics adjustment strategy. The amount of tokens burned came from the Foundation treasury and past buybacks. The new total supply of the project will be fixed at 21 million tokens. This is considered a major turning point in the project’s tokenomics.

We are making a strategic upgrade to @XLayerOfficial, aiming to build a leading public chain focused on DeFi, payments, and RWAs.

Key updates:
1️⃣ Underlying tech – PP upgrade
2️⃣ Ecosystem development strategy
3️⃣ Deep integration with OKX Wallet, OKX Exchange & OKX Pay
4️⃣… pic.twitter.com/OU4EpKtuJz

— OKX (@okx) August 13, 2025

This information immediately created a supply shock, pushing OKB’s price to soar. Just a few hours after the announcement, OKB recorded a new ATH at $155.

For more: CEX Tokens Break Out: BNB Surpasses $800, OKB New ATH $142

After that, OKB continued to set new ATH levels. At its peak, the OKB token had grown nearly 400%, from the bottom of $45 up to the top of $255 as of August 22, according to data from Coingecko.

This rally marks one of the most impressive price jumps of 2025 and makes OKB a new center of attention in the altcoin market. The BNB also set a new ATH level. In addition, native tokens of centralized exchanges have also become the focus of attention for investors. Some other exchange tokens currently being watched include the BGB token of Bitget, the GT token of Gate, the MX token of Mexc, the KCS token of Kucoin, and the MNT token of Bybit.