According to Odaily Planet Daily, OKX CEO Star wrote on the X platform: "True wisdom understands that crypto is a marathon, not a sprint. X Layer was born for the long term, and so are we. That's why we will launch a $100 million X Layer Ecosystem Fund to support global builders in creating the next wave of on-chain applications."

Odaily Planet Daily News: On-chain aggregation trading platform Ave.ai announced a major functional upgrade and ecological integration of its supported Layer 2 network X Layer, providing users with powerful tools to seize the hot opportunities on the chain.

Currently, Ave.ai now fully supports X Layer on-chain data query on all its terminals (Web, iOS, and Android), allowing users to seamlessly track X Layer ecosystem asset prices, liquidity, and market trends anytime, anywhere.

Ave.ai desktop (PC) and Android mobile users can now trade X Layer assets on-chain and off-chain directly within the platform, achieving efficient and low-slippage trading.

Additionally, users can instantly buy and sell X Layer tokens directly through Ave.ai's official Telegram chatbot, @AveSniperBot. Ave TG's coin search bot, @AveTokenFinderCNBot, has also added X Layer support. Entering "ca" will display detailed information such as the token name and market capitalization.

The Ave.ai user community has demonstrated exceptional early project discovery capabilities. Users within the Ave community were among the first to seize the Xdog Golden Dog project. In light of the X Layer's current market popularity and growth potential, Ave.ai stated its commitment to continued investment, optimizing and expanding its functional integration and user experience, to help users participate more efficiently.

According to Odaily, OKX CEO Star stated in a post on the X platform that the value of the X Layer lies in long-term development and ecosystem development, not short-term OKB speculation. He also reminded investors that trading carries risks and caution is advised when investing, avoiding blindly following trending topics.

According to official news from Odaily Planet Daily, the X Layer testnet is now officially online, and OKB will be used as the native gas token.

Users can claim testnet tokens through the faucet and seamlessly cross-chain on Sepolia.

According to L2 Beat data, following the large-scale OKB burn, the X Layer network's on-chain assets, built by OKX, increased by 103% over the past seven days to $84.89 million, a record high. Meanwhile, on August 16, X Layer's transaction volume reached 2.05 million, surpassing Ethereum for the first time in history. Furthermore, user operations per second (UOPS) reached 19.23 over the past day, an increase of over 1k%.