The market continues its rally, with $BTC breaking to a new all-time high. As of now, $BTC is trading at $123,323 and $ETH at $4,747, while Bitcoin dominance stands at 59.73%.
OKX is upgrading X Layer and will permanently burn 65.26 million OKB from past buybacks and reserves, capping the total supply at 21 million and removing the token’s minting and manual burn functions. OKTChain will be phased out, with OKT swapped for OKB. Following the news, OKB briefly surged above $140.
A few other headlines inculde: Crypto firm Bullish’s shares have jumped 150% above their IPO price; Hyperliquid accounted for 35% of all blockchain revenue in July 2025; and the Ethereum Foundation has sold about 2,795 ETH worth $12.7 million.
In the past 24 hours, the top three gainers were $OKB, $ARB, and $EIGEN, while the top three losers were $HASH, $REKT, and $M.
