• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
The OKT token has grown by 80% in 24 hours

The OKT token has grown by 80% in 24 hours

user avatar

by Max Nevskyi

2 years ago

The OKX Chain ecosystem token showed an increase of 80% in just one day, while reaching a nine-month high of $27.

OKX Chain, a platform that supports the OKT token and is part of the ecosystem, operates at the first-generation blockchain level and is closely integrated with the OKX exchange.

The main factor contributing to the growth is related to the recent launch of Inscriptions NFT. Inscriptions is an in-house NFT ecosystem based on the OKX Chain, reminiscent of the NFT Ordinals typical of the Bitcoin network.

The launch of Inscriptions led to a significant increase in activity on the OKX Chain network, where the number of transactions increased by an impressive 18,000% over the past week, reaching a level of 7.2 million transactions by December 8.

It should not be forgotten that OKX Chain is compatible with EVM (Ethereum Virtual Machine), which also contributes to an increase in activity in other networks such as TON, Near and Polygon, thanks to the introduction of Inscriptions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

TokenFi's Community-Driven Origins Foster Structural Tension

chest

TokenFi's emergence from a meme-driven ecosystem creates productive tension, ensuring continuous execution and real user feedback.

user avatarKaterina Papadopoulou

Tokenized Silver ETFs Reflect Broader Financial Trends

chest

The recent 1200% surge in trading volume for tokenized silver ETFs reflects a convergence of financial and technological trends, attracting diverse investors and indicating a growing interest in the tokenization of real-world assets.

user avatarLeo van der Veen

Strengthening Network Effects and Long-Term Adoption

chest

Jake Claver highlights the strengthening network effect of XRP, where increased participation from financial institutions and service providers enhances the network's utility, supporting a sustainable growth model.

user avatarMaya Lundqvist

Expansion of Global Payment Infrastructure

chest

Jake Claver highlights the expansion of Ripple's payment software, connecting users across 80% of global trade corridors, indicating practical adoption and enhancing XRP's value proposition.

user avatarLi Weicheng

Past Binance Events Shed Light on Current Claims

chest

Past Binance events like CreatorPad set a standard for verification, contrasting with current unverified claims about new events.

user avatarAisha Farooq

Sberbank Tests Bitcoin as Loan Collateral

chest

Sberbank has conducted a pilot test to use Bitcoin as collateral for loans, marking a significant step in integrating digital assets into the banking system.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.