{"id":58080,"date":"2025-08-21T12:04:31","date_gmt":"2025-08-21T12:04:31","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/okb-price-hits-new-all-time-high-amid-a-50-spike\/"},"modified":"2025-08-21T12:04:31","modified_gmt":"2025-08-21T12:04:31","slug":"okb-price-hits-new-all-time-high-amid-a-50-spike","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/okb-price-hits-new-all-time-high-amid-a-50-spike\/","title":{"rendered":"OKB price hits new all-time high amid a 50% spike"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/onyxcoin-skyrockets-volume-explodes-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/onyxcoin-skyrockets-volume-explodes-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/onyxcoin-skyrockets-volume-explodes-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/onyxcoin-skyrockets-volume-explodes-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>OKB price rose 50% to hit a new all-time high of $195.<\/li>\n<li>The altcoin is outpacing peers as investors react to tokenomics changes.<\/li>\n<li>OKB is seeing traction as altcoins bid to break higher.<\/li>\n<\/ul>\n<p>OKB, the native token of the OKX exchange, has soared to a new all-time high of $195, with intraday gains of over 50% catapulting the altcoin to the new ATH.<\/p>\n<p>OKB\u2019s price surge has also come amid a significant spike in daily volume, with market data showing the OKX token witnessed a staggering 428% uptick in 24-hour trading volume.<\/p>\n<div class=\"ad-banner  container  pt-1  px-0  mb-6\" data-partner=\"bitcoinpenguin\">\n        <a href=\"https:\/\/bitcoinpenguins.io\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img decoding=\"async\" class=\"p-0  m-0\" src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/bitcoinpenguin\/en.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<p>At the time of writing, the metric hovered around $1.17 billion.<\/p>\n<p>Meanwhile, OKB is one of the standout performers in the past 24 hours and week, outpacing top altcoins as recent bullish catalysts keep bulls in control.<\/p>\n<p>BNB also hit <a href=\"https:\/\/coinjournal.net\/news\/bnb-price-forecast-bnb-sets-a-new-ath-targets-1k\/\">a new peak<\/a> as exchange tokens rally.<\/p>\n<h2>Why OKB surged 50% as it hit a new all-time high<\/h2>\n<p>As top altcoins braced for a fresh dose of downside volatility, OKB extended its recent rally to a new ATH.<\/p>\n<p>Having gone vertical from lows of $46 to highs of $116 on Aug. 13, the token retested the $92 area.<\/p>\n<p>But bulls have traded higher since, breaking above $150 and hitting the intraday record high of $195 on Aug. 21.<\/p>\n<figure id=\"attachment_330998\" aria-describedby=\"caption-attachment-330998\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-330998\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/08\/OKB_1M_graph_coinmarketcap.png\" alt=\"\" width=\"1200\" height=\"800\"\/><figcaption id=\"caption-attachment-330998\" class=\"wp-caption-text\">OKB chart by CoinMarketCap<\/figcaption><\/figure>\n<p>The buying pressure follows a <a href=\"https:\/\/coinjournal.net\/news\/okx-tokenomics-and-ecosystem-overhaul-sends-okb-token-skyrocketing\/\">strategic tokenomics overhaul<\/a> that OKX undertook recently, with this significantly altering the OKB\u2019s supply dynamics.<\/p>\n<p>On Aug. 13, OKX executed a massive one-time burn of 65.26 million OKB tokens, slashing the circulating supply by over 50% to a fixed cap of 21 million tokens.<\/p>\n<p>The move meant OKX aligned its token\u2019s supply with Bitcoin\u2019s hard cap, with the deflationary event a key catalyst to the parabolic price action.<\/p>\n<p>The supply change has seen OKB\u2019s market cap surge to $4 billion, while the price has increased nearly 90% in the past week and over 290% in the past 30 days.<\/p>\n<p>As well as the token burn, OKX introduced an upgrade to its zero-knowledge Ethereum Virtual Machine (zkEVM) network built with Polygon technology.<\/p>\n<p>The upgrade boosted the network\u2019s transaction capacity to 5,000 transactions per second while slashing gas fees to near-zero levels, enhancing OKB\u2019s utility as the native gas token.<\/p>\n<h2>\u00a0OKB price outlook<\/h2>\n<p>OKB\u2019s price trajectory has pushed key technical metrics to extreme levels, with the Relative Strength Index (RSI) hitting overbought conditions.<\/p>\n<p>Per the daily chart, OKB\u2019s price hovers at a level where the RSI is above 92 and signaling a potential reversal.<\/p>\n<figure id=\"attachment_330999\" aria-describedby=\"caption-attachment-330999\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-330999\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/08\/OKBUSDT_2025-08-21_12-16-05.png\" alt=\"\" width=\"1057\" height=\"571\"\/><figcaption id=\"caption-attachment-330999\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/OKBUSDT\/\" target=\"_blank\" rel=\"noopener\">OKX price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>However, the Moving Average Convergence Divergence (MACD) remains strongly bullish, with the MACD line above the signal line.<\/p>\n<p>This and the histogram\u2019s outlook suggest sustained buying pressure.<\/p>\n<p>If bulls weather profit-taking deals, the next target will be a spike above $200 and further price discovery.<\/p>\n<p>On the downside, support levels include $125 and $92.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/okb-price-hits-new-all-time-high-amid-a-50-spike\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) OKB price rose 50% to hit a new all-time high of $195. The altcoin is outpacing peers as investors react to tokenomics changes. OKB is seeing traction as altcoins bid to break higher. OKB, the native token of the OKX exchange, [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":58081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58080"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=58080"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58080\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/58081"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=58080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=58080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=58080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}