What could affect the price of BGB?
Bitget Token (BGB) is balancing supply reductions and expanding its ecosystem to boost value.
- Morph Partnership – 440 million BGB transferred, 220 million burned, increasing token use (Positive)
- Token Unlock Risk – 140 million BGB (about 12% of supply) unlocks in January 2026 (Potentially Negative)
- Aggressive Burns – 860 million BGB burned since 2024, cutting supply by 43% (Positive)
Deep Dive
1. Morph Ecosystem Integration (Positive Impact)
Overview:
On September 3, 2025, Bitget moved 440 million BGB tokens held by its team to the Morph Foundation. Half of these tokens (220 million) were immediately burned, permanently removing them from circulation. The remaining tokens are locked and will unlock slowly at 2% per month. BGB is now used as the gas (transaction fee) and governance token on Morph’s Layer 2 blockchain, which focuses on consumer applications. Morph launched its mainnet in late 2024 with over $150 million in total value locked (TVL). Bitget Wallet will also use Morph for PayFi payment settlements.
What this means:
Burning tokens reduces supply right away, which can increase value. Morph’s adoption means BGB will be needed for transactions and voting on the network, expanding its use beyond just exchange-related benefits. This is similar to how Binance Coin (BNB) functions on Binance Smart Chain. However, after January 2026, monthly unlocks of about 4.4 million BGB could add selling pressure if Morph’s growth slows.
Sources: X post, CoinMarketCap
2. Supply Squeeze vs. Unlock Risk (Mixed Impact)
Overview:
Bitget has aggressively burned 860 million BGB tokens between 2024 and 2025, which is 43% of the total supply. This includes 30 million tokens burned in the second quarter of 2025 alone. However, 140 million tokens, representing about 12% of the circulating supply, are scheduled to unlock on January 26, 2026. These tokens are allocated for team incentives.
What this means:
The token burns help reduce supply and can support price increases, balancing out the inflation caused by token unlocks. Historically, BGB’s price rose after burns—for example, it gained 15% in August 2025 following the Q2 burn. If Bitget’s user base (over 120 million users) continues to grow faster than selling pressure, the increased demand could absorb the unlocked tokens without hurting the price too much.
Sources: Bitget announcement, CoinMarketCap
3. Regulatory & Competitive Pressures (Potentially Negative Impact)
Overview:
Bitget faces challenges complying with the European Union’s MiCA regulations while competing against major exchanges like Binance and OKX in Asia. The company has obtained licenses in the UK and El Salvador but operates in a regulatory environment that carries risks.
What this means:
Successfully navigating regulations could attract more institutional investors. However, MiCA’s strict rules on custody and operations might limit Bitget’s growth in Europe. BGB’s performance in 2025, which lagged behind Bitcoin (+13%) and Ethereum (+1.14%), shows it is sensitive to risks specific to its exchange platform.
Sources: Bitget blog
Conclusion
The future price of Bitget Token (BGB) depends on how well Morph’s adoption offsets the impact of the 2026 token unlocks, whether ongoing token burns keep supply tight, and how regulatory clarity develops. Technical indicators show positive momentum (RSI at 58.77, MACD rising), but the $4.88 resistance level is a key price point to watch. Will BGB’s growing role in Web3 payments be enough to overcome the risks from token unlocks?
What are people saying about BGB?
Holders of Bitget Token (BGB) are benefiting from token burns and staking rewards. Here’s what’s happening:
- Large token burns – 860 million BGB tokens destroyed since late 2024
- Staking rewards – Earn up to 329% annual percentage yield (APY) through Launchpool
- Price outlook – Experts predict BGB could reach $10 to $16 by the end of 2025
- Growing ecosystem – Real-world payments now possible with PayFi integration
In-Depth Look
1. Bitget’s Strong Token Burn Trend 🔥
@bitgetglobal shared:
"With 860M tokens burned and Bitget booming, long-term forecasts are heating up."
– July 18, 2025
See original post
What this means:
Burning tokens reduces the total supply, making each remaining token more valuable. Since December 2024, 43% of BGB’s supply has been removed, including 30 million tokens worth $138 million burned in the second quarter of 2025 alone. This scarcity can help drive the token’s price higher.
2. Expanding Use Cases Beyond Trading 🏦
@MrCryptoceek noted:
"20% fee discounts + VIP perks + 30M burned in Q2 alone!"
– August 30, 2025
See original post
What this means:
BGB is gaining more practical uses, like booking travel and making payments through PayFi. These features increase demand for the token. However, real-world adoption outside the Bitget platform is still developing, so it’s too early to tell how much this will impact value.
3. Price Predictions and Potential Challenges 📊
@johnmorganFL shared:
"BGB could reach $16.02 in 2025... but 140M token unlock looms in Jan 2026."
– July 14, 2025
See original post
What this means:
Technical analysis shows resistance around $5.00, close to the current price of $4.95. Additionally, a large number of tokens (about 12% of supply) will become available in early 2026, which could put downward pressure on the price if demand doesn’t increase accordingly.
4. Strong Staking Returns Attract Investors 💸
According to the CoinMarketCap Community:
"July earnings showed BGB Launchpool delivered +12% ROI vs -41% for Binance pools."
– June 17, 2025
See original post
What this means:
BGB offers higher staking rewards compared to other tokens like BNB and OKB, making it attractive for investors looking for passive income during times when alternative cryptocurrencies perform well. This is supported by Bitget’s high trading volume, which reached $2.08 trillion in the first quarter of 2025.
Conclusion
Overall, the outlook for Bitget Token (BGB) is positive. Its deflationary token burns and growing real-world uses set it apart from typical exchange tokens. While the price faces some resistance near $5, the combination of supply reduction and strong staking incentives makes BGB an appealing option. Keep an eye on the upcoming Morph partnership, which will make BGB the main token for gas fees and governance, with an additional 220 million tokens burned after the merger.
What is the latest news about BGB?
Bitget Token (BGB) is gaining momentum through smart token burns, improved transparency, and increased buying by large holders. Here’s a quick summary of the latest developments:
- Partnership with Morph Chain (September 3, 2025) – BGB becomes the main token for gas fees and governance on Morph, with 220 million tokens burned.
- Chainlink Proof of Reserve Added (August 20, 2025) – Real-time audits now verify Bitcoin reserves backing BGB-wrapped Bitcoin (BGBTC).
- Big Holders Buying & Burn Rumors (August 13, 2025) – Large investors withdrew over $1 million worth of BGB amid unconfirmed reports of a major token burn.
In-Depth Look
1. Partnership with Morph Chain (September 3, 2025)
What happened:
Bitget moved 440 million BGB tokens held by the team to the Morph Foundation. Half of these (220 million tokens, or 20% of all BGB) were permanently destroyed (burned), and the rest were locked to support the ecosystem. Now, BGB is used to pay transaction fees and participate in governance on Morph, a user-friendly Ethereum Layer 2 network supported by investors like Dragonfly and Pantera.
Why it matters:
This deal gives BGB new uses beyond just exchange benefits, expanding into decentralized finance (DeFi). Burning tokens helps reduce inflation by lowering supply, which can support the token’s value. Morph’s PayFi feature could also encourage real-world payments using BGB. However, since 2% of locked tokens (about 4.4 million BGB) will be unlocked each month, this could create steady selling pressure over time.
(Bitget)
2. Chainlink Proof of Reserve Added (August 20, 2025)
What happened:
Bitget integrated Chainlink’s decentralized oracle technology to automatically verify that BGB-wrapped Bitcoin (BGBTC) is fully backed by real Bitcoin reserves. This verification updates every 10 minutes on the Ethereum blockchain.
Why it matters:
After trust issues in the crypto industry (like the FTX collapse), this transparent system reassures institutional investors and DeFi users that BGBTC is properly collateralized. Greater transparency can attract more users and liquidity to Bitget’s platform, which may increase demand for BGB.
(Bitget)
3. Big Holders Buying & Burn Rumors (August 13, 2025)
What happened:
In August, three wallets withdrew over $1 million worth of BGB from Bitget, indicating accumulation by large investors. At the same time, there were rumors of a 30 million BGB token burn (valued at $138 million) for the second quarter of 2025, but this has not been officially confirmed.
Why it matters:
Activity from large holders shows confidence in BGB’s deflationary model—43% of the total supply has been burned since 2024. However, the lack of official confirmation on burns can cause price swings, as seen when BGB’s price moved 15% in a single day on August 13.
(CoinoMedia)
Conclusion
Bitget Token (BGB) is making strides by expanding its uses (through Morph), improving transparency (with Chainlink Proof of Reserve), and reducing supply (via burns and whale buying). While these are positive signs, it’s important to watch Morph’s user adoption and the clarity around token burns. The key question is whether the benefits of a smaller supply and broader use cases will outweigh any selling pressure from monthly token unlocks on Morph.
What is expected in the development of BGB?
Bitget Token (BGB) has a clear plan focused on reducing supply, expanding how it’s used, and connecting with other parts of its ecosystem. Here are the main upcoming milestones:
- Morph Chain Integration (September 2025) – BGB will be used as the gas and governance token on the Morph blockchain.
- Q3 2025 Token Burn (After September 10) – BGB tokens will be burned based on how much the network is used.
- PayFi Real-World Use (Late 2025) – BGB can be used for everyday purchases like travel, dining, and shopping.
- Long-Term Supply Cut – The total number of BGB tokens will be reduced from 1.2 billion to 100 million through ongoing burns.
Detailed Overview
1. Morph Chain Integration (September 2025)
What’s happening?
BGB will become the main token for paying transaction fees (“gas”) and voting on decisions within the Morph blockchain, which is designed for high-speed performance. Bitget has transferred 440 million BGB tokens to Morph’s foundation. Of these, 220 million were burned immediately, and the rest are locked, with 2% released each month to support ecosystem growth.
Why it matters:
This integration increases BGB’s usefulness by allowing it to work across different blockchains and giving holders a say in Morph’s development. However, releasing 220 million tokens over time (about 31% of the current circulating supply) could put downward pressure on the price unless demand grows enough to absorb them.
2. Q3 2025 Token Burn (After September 10)
What’s happening?
Bitget regularly burns BGB tokens based on the amount of gas fees paid in its ecosystem. For example, in Q2 2025, 30 million BGB tokens worth $138 million were burned. The Q3 burn will follow this formula:
Burn amount = (Gas fees used × 1,000) ÷ (BGB price + 1,000).
Why it matters:
This burning process reduces the total supply of BGB, which can help increase its value over time. However, its success depends on how many people use Bitget Wallet’s GetGas feature. So far, only 1,058 BGB were used for gas in Q2 2025, showing limited on-chain use.
3. PayFi Expansion (Late 2025)
What’s happening?
BGB will be integrated with PayFi, allowing users to pay with BGB at over 300 merchants, including big names like Amazon and PayPal, through Bitget Wallet and a Visa-linked card.
Why it matters:
If many people start using BGB for everyday purchases, demand for the token could rise significantly. However, competition from stablecoins (cryptocurrencies designed to keep a stable value) and regulatory challenges around crypto payments could slow adoption.
4. Long-Term Supply Reduction
What’s happening?
Bitget plans to cut the total supply of BGB from 1.2 billion tokens down to 100 million by burning tokens linked to activity on the Morph chain.
Why it matters:
Reducing supply by over 90% is very bullish for BGB’s price if it happens. But this requires steady growth in the ecosystem over several years. So far, burns have accounted for about 5% of the supply in the first half of 2025, showing commitment but needing to speed up.
Conclusion
Bitget Token’s roadmap aims to reduce supply aggressively while expanding how and where BGB can be used, especially through Morph and PayFi. The token’s success depends on growing on-chain activity and real-world adoption. While lowering supply could boost prices, watch out for potential price pressure from token unlocks and competition in the exchange token space.
Biggest risk?
If Morph chain or PayFi don’t attract enough users, the burning mechanism won’t reduce supply as effectively, which could limit BGB’s price growth.
What updates are there in the BGB code base?
Bitget Token (BGB) has updated its code to improve how it’s used, reduce the total supply over time, and work better across different blockchain networks.
- Morph Partnership Upgrade (September 3, 2025) – BGB is now the gas and governance token for Morph Layer 2 (L2). 220 million tokens were burned, and another 220 million were locked.
- Q2 2025 Burn (July 9, 2025) – 30 million BGB tokens were burned, linked to actual usage on the blockchain.
- Burn Mechanism Update (April 2025) – The token burn process was changed to adjust dynamically based on real-world use.
Detailed Overview
1. Morph Partnership Upgrade (September 3, 2025)
What happened: BGB’s role expanded to become the fuel (gas) and voting token for Morph, a user-friendly Ethereum Layer 2 solution supported by major investors like Dragonfly and Pantera.
As part of this upgrade, 440 million BGB tokens held by the team were transferred to the Morph Foundation. Out of these, 220 million tokens were immediately burned (destroyed), which is about 24% of the tokens currently available to the public. The other 220 million tokens were locked and will be gradually released at 2% per month to support the ecosystem.
The burn rate now changes based on how much the Morph chain is used, aiming to keep the total BGB supply capped at 100 million tokens.
Why it matters: This is a positive development for BGB because it combines its use as an exchange token with governance on a growing blockchain platform. Burning and locking tokens reduces supply, which can increase value. Plus, as Morph grows (it reached $150 million in total value locked), BGB’s activity on the blockchain is expected to increase, potentially driving demand. (Source)
2. Q2 2025 Burn Execution (July 9, 2025)
What happened: Bitget burned 30,001,053 BGB tokens, worth about $138 million, removing 2.56% of the total token supply in the second quarter of 2025.
The burn amount was calculated using a formula that factors in on-chain gas fees (1,058 BGB) plus a fixed amount:
Burn amount = (Gas used × 1,000) ÷ (Avg price + 1,000) + 30M. This followed a similar 30 million token burn in the first quarter, totaling a 5% supply reduction in the first half of the year.
Why it matters: This is neutral in the short term since token burns are now a regular event, but it supports long-term scarcity. Tying burns to platform usage aligns the token’s value with how much the ecosystem is growing. (Source)
3. Burn Mechanism Update (April 2025)
What happened: Bitget changed how BGB tokens are burned, linking the amount burned each quarter directly to the gas fees paid on the blockchain.
This new system replaced fixed token burns with a formula based on actual usage data, making the process transparent and scalable. For example, in Q1 2025, 6,943 BGB tokens used for gas triggered a 30 million token burn.
Why it matters: This is a positive change because token burns now reflect real adoption and usage, creating a cycle where more activity leads to fewer tokens in circulation. This predictable reduction in supply benefits users as the platform grows. (Source)
Conclusion
Bitget Token’s updates focus on reducing supply through its partnership with Morph and a flexible burn system, making BGB a versatile token across multiple blockchain networks. With 60 million tokens burned in 2025 alone and new governance roles added, Morph’s growth could trigger the next significant supply reduction for BGB.
Why did the price of BGB fall?
Bitget Token (BGB) dropped slightly by 0.14% in the past 24 hours, settling at $4.92. This performance was a bit weaker compared to the overall crypto market, which rose by 0.39%. The small decline comes after a strong 30-day gain of 11.29%, indicating some traders may be taking profits. Here are the main points:
- Profit-taking after Morph partnership announcement – Positive tokenomics changes were partly offset by selling pressure.
- Technical resistance near $5 – A key price level limited further gains.
- Lower trading volume – 24-hour trading volume dropped 53% to $184 million, reducing market momentum.
Deep Dive
1. Profit-Taking After Morph Partnership (Mixed Impact)
Overview:
On September 3, Bitget revealed a strategic partnership with Morph blockchain. As part of this deal, 440 million BGB tokens were transferred to the Morph Foundation. Out of these, 220 million BGB (worth about $1.08 billion) will be permanently removed from circulation (burned), while the other 220 million will be locked to support ecosystem growth.
What this means:
Burning tokens reduces the total supply, which is generally positive for the token’s value over the long term. However, the transfer of a large number of tokens from team wallets caused some short-term uncertainty. Historically, big token movements from team accounts can make traders nervous, even if those tokens are locked and can’t be sold immediately. The recent price dip matches this pattern, as traders balanced the positive impact of the burn with caution about future token releases.
What to watch:
Look for confirmation that the burn has been completed on the blockchain and updates from Morph about when the locked tokens might be released.
2. Technical Resistance at $5.03 (Short-Term Headwind)
Overview:
BGB is facing resistance around $5.03, which corresponds to the 38.2% Fibonacci retracement level from its 2024 high of $8.49. The Relative Strength Index (RSI) is at 58.77, indicating a neutral momentum, while the MACD (a momentum indicator) shows signs of weakening bullish momentum.
What this means:
Traders often take profits near key Fibonacci levels, especially when momentum indicators suggest the uptrend is slowing. The recent price drop fits this pattern and was made worse by a 53% drop in trading volume compared to the previous day.
Key levels to watch:
If BGB can break and hold above $5.03, it could move up to $5.19 (the 23.6% Fibonacci level). If it fails, the price might test the 50-day simple moving average (SMA) around $4.70.
Conclusion
The recent small dip in Bitget Token’s price seems to be a result of traders taking profits near a technical resistance level and cautious sentiment around the Morph partnership’s token movements. Despite this, BGB is still up 11% over the past month, so the pullback is mild within an overall upward trend.
What to watch next:
Will BGB hold above its 7-day SMA at $4.84 to keep the bullish momentum, or will lower trading volume lead to deeper corrections?