Bitcoin and Ethereum May Have Hit New Highs In August, But This Exchange Token Really Said ‘Hold My Beer’ With 264% Gains
Posted On September 2, 2025
The cryptocurrency market is coming off a record-breaking August, with heavyweights like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) setting fresh highs.
The Biggest Gainers
OKB, the native token of cryptocurrency exchange OKEx, topped the monthly gainer chart, skyrocketing a massive 264%. The coin set a new all-time high of $257.03 last month.
The explosive surge came after over 65 million OKB tokens were permanently removed from circulation, marking one of the largest token burns in the cryptocurrency market.
Additionally, OKEx announced a major upgrade to its X Layer blockchain, aiming to increase network speed and reduce transaction fees.
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