OKB Price Soars 152.71% in 7 Days – What Are the Factors Behind It?

Updated

August 22, 2025

Gambar OKB Price Soars 152.71% in 7 Days – What Are the Factors Behind It?

Jakarta, Pintu News – The price of OKB recorded an incredible surge in the past week with a gain of more than 152% in just 7 days, making it one of the best performing crypto assets today.

This significant bullish movement came amidst a weakening trend in many major altcoins, putting OKB in the spotlight. So, what factors are driving this spectacular rise?

OKBs in the Spotlight in Crypto Bubbles – Up 157% in 7 Days

okb crypto bubbles — Source: Crypto Bubbles

In the weekly period Crypto Bubbles view, it can be seen that the majority of crypto assets are still in the red zone with significant price drops. Several large coins such as BTC (-4.8%), ETH (-7.1%), BNB (-1.9%), to SOL (-6.4%) recorded corrections. Many popular altcoins such as DOGE (-5%), ADA (-7.1%), and XRP (-8.7%) also corrected, indicating that the crypto market is still in a pressure phase.

However, amidst the red dominance, OKB took center stage with an incredible +157% price surge in a week, displayed in a large green bubble in the center of the chart. This performance makes OKB one of the most prominent rising assets of the week, far outpacing the majority of other altcoins.

Besides OKB, only a few other assets managed to stay in the green, such as MORPHO (+16.2%), MNT (+13.6%), and LINK (+10.1%). However, their gains are still far below the spectacular surge achieved by OKB.

OKB Trading Volume Jumps 71.99% in 24 Hours

okb price — OKB Price in 7 Days. Source: Coinmarketcap

OKB’s weekly price chart shows a very bullish movement with a sharp uptrend. The current price stands at $241.32, registering an incredible gain of 152.71% in just the last 7 days. This price surge was also accompanied by a significant increase in daily trading volume, which reached $1.87 billion, up more than 71.99%.

OKB’s market cap now stands at $5.06 billion, an increase of 23.73%, with FDV (Fully Diluted Valuation) reaching $71.61 billion. In terms of supply, 21 million OKB are already in full circulation, corresponding to the current total supply, while the maximum supply reaches 300 million OKB.

The candlestick chart shows a consistent upward trend since mid-August, with a series of long green candles signaling very strong buying pressure. The sharpest spike occurred on August 21-22, where prices surged through the psychological level of $200 and immediately shot towards the $240+ area.

The community sentiment was also quite positive, with 69% bullish votes out of a total of over 13K participations. This rise in OKB has even been cited by analysts as one of the signs of the start of altcoin season, where capital from BTC begins to move to major altcoins.

Why did the price of OKB skyrocket by hundreds of percent?

This sudden increase is not without reason. According to Captain Altcoin, it has a lot to do with some major updates in the OKX ecosystem. OKB is the native token of one of the largest exchanges in the world, and recently its role has been expanded.

On August 13, OKX conducted the largest token burn ever in the crypto world. More than 65 million OKB tokens, worth approximately $7.3 billion, were permanently removed from circulation.

$OKB skyrockets 258% in a month.

Is Altcoin szn coming or is it already here. pic.twitter.com/NaaWJNPJmk
— Diesel (@DieselWeb3) August 21, 2025

Now, the supply limit of the OKB token is 21 million, which puts it in the same scarcity zone as Bitcoin . Sudden supply shocks like this often create upward price pressure, and that’s exactly what happened.

In addition, OKX also launched X Layer, a new blockchain built on Polygon’s zkEVM technology. The chain is capable of handling up to 5,000 transactions per second with near-zero fees.

The New Role of OKB in the OKX Ecosystem

Another important detail is that the OKB token now serves as the exclusive gas token for X Layer. It provides immediate utility across OKX services including exchanges, wallets, and payments.

In other words, OKB is now the fuel that powers the entire blockchain. This adds value and utility to OKB within the broader ecosystem, increasing the demand and value of the token.

The rapid adoption of X Layer also shows high trust from users. More than 90% of the tokens are already active on the new X Layer chain, indicating strong and rapid adoption. The social momentum that followed also helped keep the token in the spotlight as the price continued to rise.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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