In 2025, token supply management strategies like buyback and burning have become important tools to increase value and attract investors. OKX, one of the top cryptocurrency exchanges, has demonstrated this through its OKB token burning plan.
The question is why this burning strategy has helped OKB outperform other tokens in the past month. The following analysis will clarify the core differences.
Key Differences in OKB Token Burning
Data from CryptoBubble shows OKB recorded the highest growth among altcoins in the past month.
The token has increased by nearly 300%, surpassing other strong tokens like LINK, MNT, and AERO.
Altcoin Price Performance. Source: CryptoBubble.Unlike periodic burns, OKB burning is seen as an almost complete redefinition of tokenomics. OKX conducted its largest burn to date, permanently removing 65,256,712 OKB—including previously bought back and reserved tokens—reducing the fixed supply to 21 million.
This supply adjustment allows the market to revalue the token's capital. This timing is crucial, as it coincides with a positive phase in August when analysts had high expectations for an altcoin season.
TOP 5 Tokens by Burn Value in August. Source: Tokenomist.After burning, the OKB supply is now fixed at 21 million. This number is similar to Bitcoin's Max Supply, creating a psychological link between OKB and the market's standard asset. This move works as a marketing factor, encouraging investors to compare OKB with Bitcoin when valuing it.
Other projects have adopted buyback and burn models, but without a fixed supply limit. For example, TRON has burned 7.1 billion TRX since launch, including 820 million in 2025, but TRX has no maximum limit.
Small, periodic burns without a supply limit typically reduce impact over time. In contrast, OKX's removal of 65.26 million OKB created an immediate deflationary pressure and drove a significant price increase.
These structural differences helped OKB increase its value fourfold in August.
Will OKB Continue to Rise?
Assessing OKB's potential requires looking beyond price fluctuations to see changes in market capitalization.
After burning, data from CoinGecko shows OKB's current market capitalization is equal to its fully diluted valuation, at over $4 billion.
OKB Market Capitalization. Source: CoinGecko.History shows market capitalization fluctuating around $3-4 billion before and after burning. This suggests that the price increase does not necessarily reflect a corresponding increase in total value.
"OKX has reduced the total OKB supply from 300 million to 21 million. The price increased threefold, but history shows that token burning does not automatically create sustainable value or liquidation," Bitcoin Suisse AG commented.
BNB's long-term profitability comes not just from burning but also from acceptance in the Binance Chain ecosystem. Similarly, TRX maintains long-term growth due to increasing demand for USDT transactions.
Therefore, expanding OKB's applications will be crucial to maintaining growth in its market capitalization.
An important competitive advantage for OKB could lie in the OKX ecosystem, especially with X Layer. X Layer, a public network based on zkEVM developed in collaboration with Polygon, was launched in 2023. OKB remains the sole gas and native token for X Layer.
