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OKX’s X Layer Surges to 71K Daily Active Addresses: A DeFi Milestone

OKX X Layer coin with rising DeFi trading chart showing 71K daily active addresses milestone

On September 12, 2025, OKX’s X Layer, a Layer-2 blockchain on the Ethereum Virtual Machine (EVM), recorded a peak of 71,400 daily active addresses (DAU), its highest since launch, per CoinoMedia. This surge pushed the network’s total wallet addresses beyond 4 million, reflecting rapid adoption among DeFi traders and dApp users, per. X Layer’s high-performance infrastructure and low-cost transactions (fees under $0.001) have fueled this growth, positioning it as a competitive EVM chain, per OKX Explorer. X posts from @OKX highlight the milestone as a sign of “ecosystem momentum,” with over 200 dApps deployed, per.

Boosting OKX DEX with $1M in Fees

The user surge has translated into substantial economic impact, with X Layer contributing nearly $1 million in transaction fees to the OKX decentralized exchange (DEX), ranking second among EVM chains behind BNB Chain, per. DEX trading volumes hit $2.5B daily in Q2 2025, though down 45.4% from memecoin hype, per Messari. X Layer’s integration with OKX Wallet enables seamless staking and liquidity provision, driving $86.31M TVL as of September 2025, per ChainCatcher. This positions OKX to capture more DeFi share, with $100M in ecosystem funding for developers, per.

Factors Driving the Adoption Surge

Several catalysts are behind X Layer’s rise: developer-friendly tools like OKX’s $100M Web3 fund, incentive programs for dApps, and seamless OKX ecosystem integration, per. The network processed 100 million transactions on testnet, with stablecoin market cap at $4.84M and DEX volume at $200K daily, per. Morph’s partnership with Bitget (a similar L2) saw 854% TVL growth, suggesting X Layer could follow, per. However, regulatory scrutiny in regions like Hong Kong and Singapore may impact expansion, per. X posts from @OKX_Web3 praise the “scalable, low-fee” design, per.

Outlook: X Layer’s Path to L2 Dominance

X Layer could reach $100M TVL by year-end if DAU sustains, per analysts, boosting OKB (OKX’s token) and DeFi activity, per. Solana (SOL)’s $8.6B TVL sets a benchmark, but X Layer’s EVM compatibility gives it an edge for Ethereum devs, per. Investors should monitor DAU on OKLink Explorer and TVL on DefiLlama. Dollar-cost average into OKB or ETH ($4,070) with stop-losses below BTC’s $112,000, per TradingView. Follow @TheBlock__ on X for updates. With 71K DAU, X Layer is on track to rival top L2s in 2025, per.

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