OKB Price Prediction: OKB Continues to Pump Hard, Is $220 Within Reach Today?

After a massive token burn that reduced its circulating supply from 300 million to just 21 million, OKB has booked a 100% gain in the past 7 days and the latest price action favors a bullish OKB price prediction as the token just surpassed the $200 mark.

It has been a wild ride for OKB investors as this exchange token went up from $46 to $105 in just a day after X Layer announced the burn.

90%+ of $OKB has successfully transitioned to its new home on X Layer from the Ethereum L1.

One token. One chain. 21M fixed supply. $OKB is the native gas token driving The New Money Chain. pic.twitter.com/1BGtkJXLOs

— X Layer (@XLayerOfficial) August 19, 2025

The move is part of an ongoing migration off the Ethereum mainnet that resulted in X Layer’s relaunch as a standalone blockchain powered by the OKB token.

The price retreated a bit to around $90 and then exploded just a few days after to its current high of $205. OKB was primarily bought by users of the OKX crypto exchange to get discounts on trading fees.

Those who held on to the token during this rally have already booked a 350% gain.

OKB Price Prediction: OKB Volumes Explode But RSI Flashes Warning Signal

Trading volumes for OKB have exploded by 394% in the past 24 hours alone with $1.3 billion worth of the token exchanging hands during that brief period. This figure accounts for 30% of the asset’s circulating supply.

It seems highly likely that OKB will hit $220 today once the American session opens.

The daily chart shows the strong vertical ascent that OKB has experienced since the burn. There are a couple of support areas to watch in case of a retreat at this point. These levels could provide attractive entries for late buyers.

The $123 is perhaps the most relevant from a technical standpoint as the project’s market cap would sit at its pre-burn level if it hits that mark. However, that would require a highly unlikely 40% drop from OKB’s current price level.

The Relative Strength Index (RSI) favors an imminent pullback as it has entered extreme overbought levels. Even though OKB may not hit $123, any meaningful retreat could be considered a buying opportunity as the baseline OKB price prediction is still bullish.

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