The OKX XLayer upgrade and the $OKB burn are significant moves. Ideally, this means they are starting to build their own exchange chain. Although they attempted this a few years ago without success, the OKX Wallet has become very successful in the wallet space, and on-chain users are gaining an advantage, which is a far cry from the past. If this is the strategy for the future, it should be comparable to Base and BNB Chain. Another theory is that OKB will serve as gas, separating the chain from the main entity in preparation for listing, which also seems possible. Overall, OKB has at least escaped the awkward situation of lacking empowerment for a long time. It remains to be seen how much OKX will invest in this chain in the future.
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