Latest OKB (OKB) News Update

By CMC AI
17 November 2025 04:17PM (UTC+0)

What are people saying about OKB?

TLDR

OKB rides a supply shock wave but faces gravity checks. Here’s what’s trending:

  1. 65M token burn sparks 170% surge

  2. X Layer upgrade fuels utility hype

  3. BNB comparisons ignite growth bets

  4. Technical correction looms after rally


Deep Dive

1. @SwftCoin: 65M OKB burn triggers supply shock 🚀

“One-time burn of 65M $OKB, supply locked at 21M forever”
– @SwftCoin (82.4K followers · 19.5K impressions · 13 Aug 2025 07:38 UTC)
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What this means: This is bullish for OKB because reducing supply from 300M to 21M mirrors Bitcoin’s scarcity model. The burn coincided with a 170% price spike, though sustainability depends on demand catching up.


2. @OKX: X Layer upgrade targets DeFi dominance

“5,000 TPS, near-zero fees, and deep OKX ecosystem integration”
– OKX announcement (13 Aug 2025)
View details
What this means: Bullish long-term, as OKB becomes X Layer’s exclusive gas token. The upgrade positions OKB as a utility backbone for payments and DeFi, though adoption timelines remain uncertain.


3. @UnicornBitcoin: “OKB is the next BNB” 🦄

“OKX Boost 的核心是 OKB… 币安 Alpha 的核心是 BNB”
– @UnicornBitcoin (132K followers · 3 Sept 2025 10:24 UTC)
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What this means: Mixed sentiment. While OKB’s $2.36B market cap vs. BNB’s $118.8B leaves room for growth, replicating BNB’s success requires sustained ecosystem traction and reduced centralization risks.


4. @gemxbt_agent: Technical pullback warning 📉

“RSI downtrend, MACD bearish crossover – key support at $180”
– @gemxbt_agent (23 Aug 2025 12:01 UTC)
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What this means: Bearish short-term. After a 450% August rally, OKB faces profit-taking pressure. A break below $180 could signal deeper correction, while holding $210 may stabilize the trend.


Conclusion

The consensus on OKB is bullish long-term but cautious short-term. The token’s deflationary overhaul and infrastructure upgrades have reset its value proposition, but technicals and whale movements (e.g., $2.06B OKB transferred to exchanges) hint at volatility. Watch the $180 support level – a decisive break could test the resolve of scarcity-driven bulls.

What is the latest news on OKB?

TLDR

OKB navigates security storms and ecosystem shifts as X Layer faces scrutiny. Here are the latest updates:

  1. Security Backlash (17 November 2025) – OKX Wallet denies "backdoor" claims, offers 10 BTC bounty for evidence.

  2. X Layer Scam Allegations (17 November 2025) – Users accuse OKX of inaction against rug pulls in its ecosystem.

  3. Binance Rivalry Escalates (28 October 2025) – OKX alleges "predatory poaching" by Binance amid talent wars.

Deep Dive

1. Security Backlash (17 November 2025)

Overview:
OKX Wallet faced allegations of a security vulnerability enabling private key theft. A OneKey employee claimed the issue was industry-wide, prompting OKX founder Star Xu to deny the existence of a backdoor. Xu opened source code for review and offered a 10 BTC (~$95,000) bounty for verifiable proof.

What this means:
This is neutral for OKB in the short term, as proactive transparency could bolster trust. However, unresolved security doubts might deter new users. The token’s price remained stable at $114.21 despite the news, suggesting market resilience. (AMBCrypto)

2. X Layer Scam Allegations (17 November 2025)

Overview:
OKX’s X Layer ecosystem faces criticism for allegedly ignoring scams like the H402 rug pull. Users claim OKX delays freezing malicious contracts, risking trust in its DeFi infrastructure.

What this means:
Bearish for OKB if unaddressed, as ecosystem security directly impacts adoption. X Layer’s TVL and developer activity could decline if credibility erodes. OKX has not publicly responded to these claims. (AMBCrypto)

3. Binance Rivalry Escalates (28 October 2025)

Overview:
OKX accused Binance (referred to as “BN”) of poaching nearly 100 employees with offers of 100–500% salary hikes. The feud intensified after OKX fired X Layer spokesperson Felix Fan for undisclosed conflicts of interest.

What this means:
Neutral-to-bearish for OKB. Talent wars signal aggressive competition but may distract from product development. OKX’s market share grew to 5.6% in Q3 2025, while Binance holds 39.71%. (Coinspeaker)

Conclusion

OKB’s narrative balances security risks against ecosystem growth. While the X Layer upgrade and August 2025 token burn (supply capped at 21M) laid a bullish foundation, recent controversies highlight operational vulnerabilities. Will OKX’s transparency efforts outweigh its ecosystem trust deficit?

What is the latest update in OKB’s codebase?

TLDR

OKB’s codebase saw major upgrades in August 2025, focusing on X Layer and tokenomics.

  1. X Layer PP Upgrade (5 August 2025) – 5,000 TPS, near-zero fees, and Ethereum compatibility.

  2. OKB Supply Fix (15 August 2025) – 65M tokens burned, supply capped at 21M.

  3. OKTChain Decommission (13 August 2025) – OKT migration to OKB and network sunset.

Deep Dive

1. X Layer PP Upgrade (5 August 2025)

Overview: OKX upgraded its X Layer network using Polygon CDK (formerly zkEVM), boosting transaction speed to 5,000 TPS and slashing gas fees to near-zero.

The upgrade enhances Ethereum compatibility, making it easier for developers to deploy DeFi, payment, and real-world asset (RWA) applications. Security improvements align X Layer closer to Ethereum’s standards.

What this means: This is bullish for OKB because faster, cheaper transactions attract more users and developers, boosting X Layer’s adoption. (Source)

2. OKB Supply Fix (15 August 2025)

Overview: OKX burned 65,256,712.097 OKB tokens from historical reserves, permanently fixing supply at 21 million.

The smart contract was upgraded on 18 August 2025 to remove minting/burning functions, ensuring no new tokens can be created.

What this means: This is bullish for OKB because scarcity mirrors Bitcoin’s model, potentially increasing demand amid reduced supply. (Source)

3. OKTChain Decommission (13 August 2025)

Overview: OKX sunset OKTChain due to overlap with X Layer, converting OKT tokens to OKB at a fixed rate.

OKT trading halted on 13 August, with automatic conversions starting 15 August. OKTChain will fully shut down by 1 January 2026.

What this means: This is neutral for OKB because it consolidates resources into X Layer but requires existing OKT users to migrate. (Source)

Conclusion

OKB’s codebase overhaul emphasizes scalability, deflationary tokenomics, and ecosystem consolidation. With X Layer’s upgrades and a fixed supply, OKB aims to strengthen its utility and market position. How will developer adoption on X Layer shape OKB’s role in DeFi and payments?

What is next on OKB’s roadmap?

TLDR

OKB’s roadmap focuses on ecosystem integration, tokenomics upgrades, and regulatory expansion:

  1. OKTChain Decommissioning (1 January 2026) – Full sunset of legacy blockchain.

  2. X Layer Ecosystem Expansion (2026) – Focus on DeFi, payments, and RWA adoption.

  3. Regulatory & Institutional Growth (2026–2027) – U.S. IPO exploration and EU partnerships.


Deep Dive

1. OKTChain Decommissioning (1 January 2026)

Overview:
OKX will fully retire OKTChain, its original blockchain, by January 1, 2026, after migrating all OKT tokens to OKB. This follows the August 2025 “PP upgrade” of X Layer, which replaced OKTChain with a zkEVM-based network offering 5,000 TPS and near-zero fees (OKX announcement).

What this means:
- Bullish: Eliminates redundancy, consolidates liquidity, and strengthens OKB’s role as the unified gas token.
- Risk: Potential technical hiccups during final migration phases.


2. X Layer Ecosystem Expansion (2026)

Overview:
X Layer, OKB’s new flagship blockchain, will prioritize DeFi, cross-border payments, and real-world asset (RWA) tokenization. OKX has allocated an ecosystem fund to incentivize developers and protocols (CoinDesk).

What this means:
- Bullish: Increased OKB utility as gas token and staking asset; PayPal integration for payments could drive adoption.
- Neutral: Success hinges on attracting developers away from Ethereum/Solana.


3. Regulatory & Institutional Growth (2026–2027)

Overview:
OKX is exploring a U.S. IPO under new CEO Roshan Robert (ex-Barclays), alongside expanding regulated services in Europe via partnerships like Standard Chartered’s custody solution (CoinMarketCap).

What this means:
- Bullish: Institutional inflows likely if IPO proceeds; MiCA compliance in Europe strengthens credibility.
- Risk: Regulatory scrutiny could delay timelines or impose operational constraints.


Conclusion

OKB’s roadmap centers on cementing its role as a deflationary, utility-driven asset within OKX’s expanding ecosystem. The X Layer upgrade and supply cap mimic Bitcoin’s scarcity narrative, while regulatory moves aim to bridge TradFi and crypto. With OKTChain sunsetting and institutional adoption accelerating, will OKB’s fixed supply and DeFi integration offset broader market volatility?

CMC AI can make mistakes. Not financial advice.