Highlights:
- OKB consolidating between $183.67 resistance and $176.98 support
- The coin could soon test $200 if US jobs data points to a possible rate cut
- OKB could rally to prices above $1000 long term
OKB (OKB) is one of the top-performing cryptocurrencies among the top 100 largest cryptocurrencies today. While most altcoins are either in the red or barely moving, OKB has gained 9.11% to trade at $180.71. OKB’s price action points to underlying strength.
OKB trading volumes are also going up. In the last 24 hours, volumes have increased by 253.11% to $381.43 million. This indicates buyers are coming in strongly as the price picks up momentum. Strong confidence in OKB will likely drive more short- to medium-term gains. Several factors drive the strong bullish sentiment around OKB and could play a role in its future price action.
OKX Moves to Deepen Liquidity for OKB
One of them is that the OKX cryptocurrency exchange is moving to deepen liquidity for OKB. Recently, OKB rallied by over 300% after the exchange drastically cut supply by over 50% to 21 million tokens. However, the exchange understood that this is not enough to sustain momentum. They have now moved to deepen liquidity by launching OKB-settled perpetual futures. Through these derivatives, traders can interact with the OKB token without holding it. These perpetual futures come with up to 20x leverage, making OKB highly attractive to speculative traders. Through these derivatives, OKB can avoid random price swings while continuing to benefit from the price dynamics that have come with the recent aggressive token burn.
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Rather than selling long-term… pic.twitter.com/3FeUuUZ1KZ
— James Awesome (@awesome_geniuz) August 31, 2025
OKB Recent Token Burn Keeps Underlying Momentum Strong
The token burn has also made OKB a significantly undervalued token at the current price. OKB now has a supply of only 21 million tokens and mirrors Bitcoin. However, the price is way lower than Bitcoin, which means with strong demand, OKB can comfortably rally to prices above $1000 without necessitating an unrealistic market capitalization. The result is that more investors could gravitate to OKB in anticipation of the potential value appreciation that could follow. The fact that it is the ecosystem token for one of the largest cryptocurrency exchanges in the world also gives it a more substantial intrinsic value than the average altcoin in the market today.
Okx @okx burns 65m $OKB OKX’S exchange tokens sending price from $46.77 to $143 in one hour. pic.twitter.com/sDoUluh2TH
— MartyParty (@martypartymusic) August 13, 2025
Upcoming Rate Cuts Could Boost OKB
OKB could also gain further momentum due to the upcoming interest rate cut, scheduled for this month. During the Jackson Hole Symposium, the Federal Reserve governor hinted at a rate cut this month. Tomorrow’s upcoming jobs data will offer the most unambiguous indication of whether this will happen. Risk-on assets will likely rally if the jobs data favor a deep rate cut. The result is that OKB, which is already showing strength, could rally to new highs in the short term. A test of prices above $1000 would be within the cards if the market enters a bull rally that extends through Q4.
🚨 Big Jobs Report Friday🚨 Markets are watching job data closely given last month's surprise weakness.
Plus important data for Feds:
Jobs: JOLTS, ADP Jobs, Jobless Claims
Inflation: ISM services, PMI, Beige book❤️this, keep it on hand and see 👇 pic.twitter.com/3p4NsBKNz3
— Peter Tarr (@ProfitsTaken) September 1, 2025
Technical Analysis – OKB Consolidating After Pump
After a pump for the better part of September 3, OKB is now consolidating. It is currently oscillating between $183.67 resistance and $176.98 support. If bulls take control and push OKB through the $187.67 resistance, a rally to $200 could follow in the short term.

On the other hand, if bears take control and push OKB through the $176.98 support, then a correction to $163.93 support is expected in the short term. Of these two scenarios, the odds are higher that OKB will breach resistance. That’s because a rate cut is expected soon, and that could push all risk-on assets higher.
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