OKX Enhances X Layer with Polygon, Boosts OKB Integration
The post OKX Enhances X Layer with Polygon, Boosts OKB Integration appeared on BitcoinEthereumNews.com.
Key Points: X Layer upgrade enhances OKX capabilities with Polygon integration. 65 million OKB tokens now permanently destroyed. X Layer aims to lead in DeFi, payments, and RWAs. OKX has announced its strategic upgrade for X Layer, transitioning into a leading public chain on August 5, 2025, enhancing capabilities in DeFi, payments, and RWAs. This transformation aims to boost ecosystem adoption, decrease transaction costs, and fortify the token economy, potentially impacting DeFi landscape and market liquidity dynamics. Integration with Polygon CDK Boosts OKX’s DeFi Capabilities OKX’s X Layer upgrade harnesses the Polygon CDK architecture—an overhaul that boosts network scaling to 5,000 transactions per second. The integration reinforces security and maintains Ethereum mainnet compatibility while targeting growth in the DeFi, payments, and Repository Waiver sectors. Changes include a 65,256,712.097 OKB token destruction, reinforcing OKB’s position as the sole native token with a fixed supply of 21 million. OKTChain is being phased out, emphasizing a transition towards OKB utilization. OKX’s move has spurred enthusiastic community reactions, as seen in user discussions on social channels. The company’s focus on zero-gas transactions and seamless integration with existing OKX services has received broad developer support. OKB’s Market Surge Post-Upgrade: Price and Analysis Did you know? OKB’s recent burn aligns with strategies seen in BNB’s past maneuvers, aiming to stabilize value and enhance its tokenomics amidst evolving market conditions. OKB trades at $101.51, with a market cap of $6.09 billion and a significant uptick of 119.24% in the past 24 hours. Its market dominance stands at 0.15%, and trading volume surged by 19095.02%, indicating heightened activity following recent upgrades, according to CoinMarketCap. OKB(OKB), daily chart, screenshot on CoinMarketCap at 22:27 UTC on August 13, 2025. Source: CoinMarketCap The Coincu research team’s insights highlight potential for increased regulatory attention as OKX reshapes its infrastructure. The move to…
Filed under: News - @ August 14, 2025 1:26 am