X Layer is a zkEVM Layer 2 network based on Ethereum, supported by Polygon CDK technology. The upgraded X Layer will achieve a throughput increase to 5000 TPS; Gas costs will be reduced to nearly zero; security and compatibility with the Ethereum Mainnet will be comprehensively enhanced.

OKB will continue to serve as the sole Gas and native token of X Layer, providing core value support in aspects such as payment of transaction fees, on-chain governance, and ecological incentives. This means that the on-chain demand for OKB and its binding to external platform value will deepen further, transitioning from a purely CEX platform token to a decentralized "public chain gas."

This shift can also be subtly signaled from the rumors of "OKX's IPO in the US."

After Trump took office, he opened up the IPO gap in the cryptocurrency industry, and OKX's consideration of an IPO in the US is something that is both "unexpected and expected". On June 23, according to The Information's cryptocurrency journalist Yueqi Yang, the cryptocurrency exchange platform OKX is considering going public in the US after returning to the US market in April this year.

BiyaPay analysts believe that this is a necessary stage in the industry's development: the past "barbaric growth" can no longer be sustained. If we want to gain the trust of global financial institutions and users, compliance and going public is a rational choice. The involvement of regulatory bodies such as the SEC means more constraints, but it will also promote the entire cryptocurrency industry towards transparency, stability, and capitalization.

For OKB, this will be a rebranding.

In order to reduce the restrictions on securities attributes imposed by US stock listing requirements, the path of OKB must be as gas at the public chain level, thereby transforming into a part of the decentralized ecosystem and trying to eliminate the binding relationship with CEX.