OKX Slashes OKB Token Supply by 50% With $7.6B Burn, Price Surges

"OKX has announced a significant reduction in the supply of its native OKB token, decreasing it by an impressive 50% through a massive token burn valued at $7.6 billion. As a direct result of this strategic move, the price of the OKB token has experienced a notable surge in the market, reflecting investor confidence and excitement surrounding this development." source: https://www.coindesk.com/business/2025/08/13/okx-slashes-okb-token-supply-by-50-with-usd7-6b-burn-price-surges