Bootstrap
Trading Non Stop
ar | bg | cz | dk | de | el | en | es | fi | fr | in | hu | id | it | ja | kr | nl | no | pl | br | ro | ru | sk | sv | th | tr | uk | ur | vn | zh | zh-tw |

Why did the price of GT fall?

GateToken (GT) dropped 1.64% over the last 24 hours, slightly underperforming the overall crypto market, which fell 2.12%. Here’s why:

  1. Market caution – The Crypto Fear & Greed Index shows “Fear” at 33, and the altcoin season index is down 62% this month.
  2. Technical signals – GT’s price is below important moving averages, and the Relative Strength Index (RSI) is near oversold at 44.9.
  3. Profit-taking after token burn – A $35 million GT token burn on October 15 didn’t keep the price rising.

Deep Dive

1. Market Challenges (Negative Impact)

What’s happening: The total crypto market value dropped 2.12% in 24 hours to $3.67 trillion. Bitcoin’s share of the market increased to 59%. In times like this, altcoins like GT usually don’t perform as well.

Why it matters: Investors are moving money into Bitcoin because of rising liquidations (over $946 billion in open positions) and outflows from crypto ETFs. GT’s trading volume fell 22.56% to $5.07 million, showing less interest from traders.

What to watch: Bitcoin’s price movements and upcoming U.S. inflation data (Core PCE on October 26), which influences Federal Reserve decisions.

2. Technical Weakness (Bearish Signals)

What’s happening: GT’s price dropped below its 7-day and 30-day simple moving averages (SMAs), which are $15.92 and $16.32 respectively. The MACD indicator turned negative, signaling downward momentum.

Why it matters: The $15.57 level, based on Fibonacci retracement, is now acting as resistance. The RSI at 44.9 suggests sellers are in control, but the price might bounce since it’s close to oversold.

Key level to watch: If GT closes below $15.50 (the low from October 20), it could fall further toward $14.43, the 78.6% Fibonacci retracement level.

3. Token Burn Didn’t Stop Selling (Mixed Outcome)

What’s happening: GT completed a quarterly token burn worth $35.3 million on October 15, reducing the total supply by 61% (about 2.95 billion tokens burned). Despite this, the price dropped 4.8% after the announcement.

Why it matters: Token burns usually support price by reducing supply, but traders likely sold their tokens to take profits. The price drop also coincided with a token unlock event noted in crypto calendars on September 26.

Additional info: Over the past 90 days, GT’s price has fallen 10.87%, despite the aggressive supply reduction.

Conclusion

GT’s recent price drop reflects cautious sentiment across the crypto market, combined with technical weaknesses and profit-taking after the token burn. The project’s fundamentals remain solid, thanks to its role in the Gate Layer L2 network and significant supply cuts. However, short-term price moves will depend heavily on Bitcoin’s stability.

Watch closely: Can GT hold the $15.50 support level? If it climbs back above $16.04 (the 38.2% Fibonacci retracement), it could signal that the downward trend is losing strength.

{{technical_analysis_coin_candle_chart}}


What could affect the price of GT?

GateToken balances reducing supply with risks in its ecosystem.

  1. Reducing Supply – 61% of tokens have been burned, with $35 million burned in Q3, making the token scarcer.
  2. Ecosystem Growth – The new Gate Layer Layer 2 network and expanded uses for GT could boost demand.
  3. Market Challenges – Weak altcoin performance and cautious crypto markets create obstacles.

Deep Dive

1. Reducing Supply (Positive for Price)

Overview: GateToken has destroyed 182.6 million GT tokens, about 61% of the original supply, by Q3 2025. This includes a quarterly burn worth $35.32 million (GateTeam). The burns come from 20% of exchange fees used to buy back and burn GT tokens. The total value of burned tokens now exceeds $2.95 billion.

What this means: With fewer tokens available and steady demand—since GT is used for fee discounts and staking—this could help support the token’s price. However, GT’s price over the last 90 days has dropped 11.9%, indicating that broader market factors are currently stronger than the positive effects of burning tokens.

2. Gate Layer & Web3 Adoption (Mixed Outlook)

Overview: Gate’s Layer 2 network, called Gate Layer, launched in September 2025. It uses GT tokens to pay for transaction fees (gas) and staking. The network can handle over 5,700 transactions per second at a low cost of $30 per million transactions. It aims to attract decentralized finance (DeFi) and NFT projects (GateTeam).

What this means: If Gate Layer gains traction, it could increase GT’s usefulness and lead to more tokens being burned through transaction fees. However, Gate Layer faces strong competition from established Layer 2 networks like Base and Arbitrum. Also, GT’s price is currently below its 200-day moving average of $18.27, which suggests it may face resistance moving higher.

3. Market & Regulatory Risks (Negative Pressure)

Overview: The crypto Fear & Greed Index is at 33, indicating fear among investors. Altcoin season strength is at a 30-day low of -60.87%. Some exchanges have delisted GT (e.g., FUTURESWAP, SENC), reflecting stricter listing standards that could reduce trading volume.

What this means: The overall crypto market has declined by 9.69% over the past 30 days, and increased regulatory scrutiny on exchange tokens may limit GT’s liquidity. Trading volume over 24 hours has dropped 6% to $5.84 million, which could make it harder for investors to buy or sell GT easily.

Conclusion

GateToken’s aggressive token burns and the rollout of Gate Layer offer potential for growth, but weak altcoin market sentiment and technical resistance near $16.62 (23.6% Fibonacci retracement) present challenges. Keep an eye on Q4 burn numbers and Gate Layer’s total value locked (TVL) growth after its integration with LayerZero. The key question is whether GT’s supply reduction can overcome the current cautious mood in crypto markets.


What are people saying about GT?

GateToken’s (GT) ecosystem is showing promising signs thanks to its deflationary approach and new developments. Here’s what’s happening:

  1. Gate Layer L2 launch – GT is now used as the gas token, with over 60% of tokens burned
  2. $35 million quarterly burn – ongoing token burns bring the total destroyed to $2.95 billion
  3. Price support at $15.50 – technical analysis points to this level as key for GT’s price stability

Deep Dive

1. Gate Layer’s Web3 shift looks positive

According to @n0day0ff, “GT becoming the gas token… over 60% already burned. Staking GT now actually fuels the chain.”
View original post
What this means: This is good news for GT. Gate Layer’s new Layer 2 solution, built on the OP Stack, can handle over 5,700 transactions per second with 1-second block times. Using GT to pay gas fees and stake tokens increases its utility, and more network activity could speed up token burns.

2. $35 million burn highlights token scarcity

@Michigan409 says, “Slow and steady deflation wins the race… GT is literally powering the whole ecosystem.”
View original post
What this means: This is somewhat positive. In the third quarter, 2.1 million GT tokens worth $35 million were burned, bringing total burns to nearly 61% of the original supply. Despite this, GT’s price has dropped about 15% over the last 60 days, showing some market pressure remains.

3. Risks if Gate Layer doesn’t attract developers

@ningfan_a warns, “If Gate’s L2 doesn’t attract projects, it risks becoming a ghost chain.” (translated from Chinese)
View original post
What this means: This is a mixed outlook. While the shift from exchange to infrastructure is promising, the success of Gate Layer and related tools like Perp DEX and Gate Fun depends on whether developers build on the platform. Without strong adoption, the network could struggle.

Conclusion

Overall, sentiment around GateToken is cautiously optimistic. The aggressive token burns (over $2.95 billion destroyed) support scarcity, but the ecosystem still faces challenges in execution and adoption. Traders are watching the $15.50 price level closely—it could be a turning point. Long-term holders are focused on how well Gate Layer gains traction. Keep an eye on Q4 burn numbers; reaching $3 billion in total burns could boost momentum.


What is the latest news about GT?

GateToken (GT) is balancing ecosystem growth with careful token burns. Here’s the latest update:

  1. Q3 2025 Burn Completed (October 15, 2025) – $35 million worth of GT tokens were permanently removed, bringing the total burned to over $2.95 billion.
  2. Gate Fun Launch (October 14, 2025) – A new no-code platform for launching tokens went live, offering GT-powered rewards.
  3. Delisting Wave (October 19, 2025) – Seven low-activity tokens were removed, and a buyback program started.

Deep Dive

1. Q3 2025 Burn Completed (October 15, 2025)

What happened:
Gate completed its quarterly token burn by destroying 2.1 million GT tokens, worth about $35.3 million. So far, a total of 182.6 million GT tokens have been burned, which is about 60.88% of the original supply. These burns are linked to the platform’s revenue, meaning they reflect how active the ecosystem is.

Why it matters:
Burning tokens reduces the total supply, which can help increase the token’s value if demand stays steady. However, GT’s price actually dropped 2.1% after the burn, suggesting the market had already expected this event. (Gate Team)

2. Gate Fun Launch (October 14, 2025)

What happened:
Gate Fun is a new Web3 platform that lets users launch tokens without coding. It includes social features and rewards creators and users by sharing a small portion (0.3%-1%) of transaction fees with the community. Rewards are based on user engagement, like comments and token holdings.

Why it matters:
This encourages people to use GT for governance and staking, potentially increasing demand. However, the success depends on how popular meme tokens become, which can be risky but also rewarding. (Gate Team)

3. Delisting Wave (October 19, 2025)

What happened:
Gate removed FUTURESWAP, SENC, and five other tokens due to low trading activity. Users affected can sell their tokens back at fixed USDT prices (for example, FUTURESWAP at $0.000469) until October 29.

Why it matters:
This move helps maintain the quality of tokens on the platform. However, the buyback limit of 100 USDT per user means the impact is limited. It shows Gate is focusing on liquidity and active trading rather than just listing many tokens. (Gate Team)

Conclusion

GateToken is using a two-pronged approach: burning tokens to reduce supply and expanding its Web3 ecosystem with new products like Gate Fun. This strategy aims to counter recent price drops (down 11.9% over the last 90 days). The key question is whether Gate Fun will attract enough users to boost demand or if competitors like Pump.fun will overshadow it. Keep an eye on GT’s trading volume and staking activity for signs of growth.


What is expected in the development of GT?

GateToken’s roadmap is focused on growing its ecosystem and reducing token supply to increase value.

  1. Gate Layer Ecosystem Growth (Q4 2025) – Expanding use of Layer 2 solutions through DeFi tools and partnerships.
  2. Q4 2025 Token Burn (December 2025) – Planned burn of about 2 million GT tokens to lower supply.
  3. Gate Fun Full Launch (Q1 2026) – Rolling out no-code token creation and meme-based features.
  4. GateChain Mainnet Upgrades (2026) – Improving Ethereum compatibility and scalability.

In-Depth Look

1. Gate Layer Ecosystem Growth (Q4 2025)

Overview:
Gate Layer, launched in September 2025, is a fast and efficient Layer 2 blockchain built on the OP Stack. It aims to boost adoption by offering key products like Perp DEX (a decentralized platform for perpetual contracts) and Meme Go (a tool for tracking memes across blockchains). The focus now is on attracting decentralized finance (DeFi) and gaming projects (GameFi), while improving connections between different blockchains using LayerZero technology.

What this means:
This is positive for GateToken since it is the only token used to pay transaction fees (“gas”) on Gate Layer, which could increase demand. However, Gate Layer faces competition from other Layer 2 solutions like Base and Arbitrum, which may slow adoption.

2. Q4 2025 Token Burn (December 2025)

Overview:
GateToken has a quarterly token burn program that permanently removes tokens from circulation. So far, about 60.88% of the original supply (around 182 million GT) has been burned as of October 2025. The next burn, planned for December 2025, will remove roughly 2 million GT tokens, valued at about $32 million based on current prices.

What this means:
Reducing the number of tokens available is generally good for value, as it creates scarcity. However, the size of the burn depends on how much revenue the Gate Layer ecosystem generates. If activity slows down, the burn amount could be smaller.

3. Gate Fun Full Launch (Q1 2026)

Overview:
Gate Fun is currently in public beta (since October 2025). It allows users to create tokens without coding and participate in meme contests. The full launch will add AI-powered tools to help projects launch and increase rewards paid in GT tokens.

What this means:
This could be positive if it attracts many small projects and keeps retail users interested in meme-based markets, which tend to be unpredictable. Success is not guaranteed but could boost GT’s use.

4. GateChain Mainnet Upgrades (2026)

Overview:
After recent upgrades in September 2025 that improved compatibility with Ethereum’s Cancun EVM and introduced new transaction types (EIP-4844), GateChain plans further improvements in 2026. These will focus on making transactions cheaper and providing better tools for developers.

What this means:
If these upgrades attract more developers, it’s a positive sign for the long-term growth of GateToken. However, delays or falling behind competitors like Solana could hurt adoption.

Conclusion

GateToken’s roadmap aims to balance reducing token supply through burns with expanding its ecosystem via Gate Layer and Gate Fun. The main challenges include competing with other Layer 2 solutions and the unpredictable nature of meme markets. The key question is whether Gate Layer’s Ethereum compatibility and low fees will attract enough developers and users to keep GateToken valuable.


What updates are there in the GT code base?

GateToken’s technology received major updates in the third quarter of 2025, focusing on making the network faster, more secure, and better connected with other blockchain systems.

  1. Consensus & EVM Upgrade (September 15, 2025) – Improved compatibility with Ethereum and more efficient transactions.
  2. Gate Layer L2 Launch (September 25, 2025) – A new high-speed Layer 2 network using GT as the transaction fee token.
  3. Q3 Token Burn & Utility Expansion (October 15, 2025) – Reduced token supply and added staking features.

Deep Dive

1. Consensus & EVM Upgrade (September 15, 2025)

Overview: GateChain updated its software to versions 19 and 20, adopting Ethereum’s latest Cancun EVM (Ethereum Virtual Machine) and over a dozen Ethereum Improvement Proposals (EIPs). These changes help reduce transaction costs and improve security.

Key updates include:

What this means: These upgrades make GateToken more attractive to developers by fully supporting Ethereum tools and prepare the network for high-speed Layer 2 activity. Node operators had to update their software by the deadline to keep the network running smoothly.
(Source)

2. Gate Layer L2 Launch (September 25, 2025)

Overview: Gate introduced its Layer 2 network built on the OP Stack, capable of processing over 5,700 transactions per second with fees under $0.00003, secured through GT token staking.

Technical highlights:

What this means: This is positive for GT because increased network use means higher demand for the token. Gate Layer’s low fees and fast speeds could attract decentralized finance (DeFi) projects, expanding GT’s use beyond just exchange-related benefits.
(Source)

3. Q3 Token Burn & Utility Expansion (October 15, 2025)

Overview: In Q3 2025, 2.1 million GT tokens (worth about $35.3 million) were burned, reducing the total supply by over 60% from the original 300 million tokens.

Key points:

What this means: The token burn reduces the available supply, which can help support the token’s value by limiting sell pressure. Staking also locks up tokens, encouraging holders to keep them long-term. However, the success of these measures depends on continued growth and adoption of the Gate Layer ecosystem.
(Source)

Conclusion

GateToken’s recent upgrades show a clear shift toward aligning with Ethereum’s technology and building a scalable infrastructure with Gate Layer. The integration of the Cancun EVM and the launch of Layer 2 position GT as a practical token for Web3 applications that need speed and low costs. Meanwhile, token burns and staking encourage holding GT for the long term. With over 60% of GT already burned, the key question is whether the ecosystem’s growth can keep up with the decreasing supply to maintain strong demand.