OKX X Layer Upgrade Boosts DeFi and Global Payments

OKX has upgraded its X Layer network to support 5,000 transactions per second with nearly zero gas fees, intending to bolster DeFi and global payment systems.

The upgrade fixes OKB supply at 21 million and potentially impacts DeFi’s growth, RWA use, and market dynamics with significant real-world integration and financial strategies.

OKX Unveils X Layer with 5,000 TPS and Zero Gas Fees

The shift to a fixed OKB supply alongside the nearly zero gas fees highlights a strategic focus on enhancing decentralized finance, global payments, and real-world asset integration. The “one chain, one token” model is expected to drive innovation across sectors. OKX’s platform provides further insight into the potential applications of this model.

OKB saw remarkable market performance, surging approximately 155% following the announcement. CEO Star Xu highlighted the integration of Polygon’s latest technology as a pivotal advancement, encouraging broader adoption of the X Layer chain in the DeFi ecosystem.

Star Xu, CEO and Founder, OKX, – “Since OKX, in collaboration with Polygon, launched the zkEVM-based public network X Layer in 2023, we have made significant progress in its technical performance and ecosystem development. Facing the continuous expansion of the decentralized world, OKX has made the strategic decision to upgrade X Layer and build it into a leading public network with a dedicated focus on DeFi, payments, and real-world asset (RWA) applications.”

OKB Price Soars 155%, Market Cap Exceeds $5.55 Billion

Did you know? The fix of OKB’s supply at 21 million tokens aligns with historical events like Bitcoin’s capped supply, often seen as a catalyst for scarcity-driven value increases in crypto markets.

CoinMarketCap data as of August 14, 2025, places OKB’s current price at $92.65, marking a 102.10% increase over the past week. Its market cap stands at $5,558,855,782, with a fully diluted valuation reaching $27,794,278,908. Trading volumes fell by 73.08% to $342,493,398 within the past 24 hours. To understand the factors influencing these metrics, visit Holder Research’s updates on cryptocurrency trends.

Insights from Coincu research indicate that this upgrade could significantly impact DeFi and RWA sectors. Market demand for lower-cost transactions and improved blockchain infrastructures aligns with emerging trends, propelling OKX’s integration with global financial systems and decentralized applications. For more information, explore the features of OKX Wallet.