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What could affect the price of BGB?

The future price of Bitget Token (BGB) depends on strategic token burns, its role in the Morph Layer 2 network, and the growth of the Bitget exchange.

  1. Supply Reduction – 220 million BGB tokens were burned and another 220 million locked, cutting the supply by about 24% (positive for price).
  2. Morph Integration – BGB is now used as a gas and governance token on the Morph Layer 2 network, increasing its utility (impact is uncertain).
  3. Bitget Exchange Growth – With over 120 million users, Bitget’s expansion boosts demand for BGB through staking and fee discounts (positive for price).

Deep Dive

1. Token Burns and Lockups (Positive Impact)

What happened:
In September 2025, Bitget moved 440 million BGB tokens held by the team to the Morph Foundation. Half of these (220 million) were burned immediately, removing them from circulation, which is about 24% of the current circulating supply. The other 220 million are locked and will be gradually released at 2% per month to support ecosystem growth. The goal is to reduce the total supply to 100 million tokens, down from the original 919 million.

Why it matters:
Burning tokens reduces supply, which can increase scarcity and potentially raise the price. However, the slow release of locked tokens (about 4.4 million per month) could balance out this effect if the Morph network doesn’t grow quickly. Past burns, like the 30 million BGB burned in Q2 2025, have helped reduce inflation risks, but ongoing demand is essential to maintain price strength.

2. Role in the Morph Layer 2 Network (Mixed Impact)

What happened:
BGB is now used for transaction fees and governance on Morph, a Layer 2 blockchain designed for everyday users. Morph is supported by investors like Dragonfly and Pantera. Bitget and its wallet have integrated Morph to enable payments, aiming to attract stablecoin issuers and merchants.

Why it matters:
Expanding BGB’s use beyond just exchange benefits (like fee discounts) could increase natural demand for the token. Morph reached a peak total value locked (TVL) of $150 million in Q4 2024, showing some adoption. However, BGB’s price will depend on whether Morph can grow into one of the top five Layer 2 networks. If Morph fails to scale, this partnership may not provide the expected boost.

3. Bitget Exchange Performance (Positive Impact)

What happened:
In 2025, Bitget’s derivatives trading volume reached $92 billion daily. BGB is used for Launchpool rewards, such as distributing 16 million TOWNS tokens to stakers. The exchange has over 120 million users and a strong reserve ratio of 186%, which supports its credibility.

Why it matters:
As Bitget grows, demand for BGB increases because holders get benefits like 20% fee discounts and exclusive token airdrops. However, BGB’s price has dropped 43% from its all-time high of $8.49 in 2024, showing it is still vulnerable to overall market trends, especially when Bitcoin dominates the market and altcoins weaken.

Conclusion

BGB’s price outlook is a balance between aggressive supply cuts and the uncertain adoption of Morph, along with the general cautious mood in the crypto market. In the short term, token burns and Bitget’s growth could keep prices stable around $4.50 to $5.20. Over the long term, if Morph succeeds as a payment platform, BGB could rise above $6.

Key question: Will Morph’s total value locked (TVL) bounce back above $200 million by the first quarter of 2026?

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What are people saying about BGB?

The Bitget Token (BGB) community is excited about recent token burns and a new partnership with Morph. Here’s what’s trending:

  1. Big token burns – 60 million BGB tokens destroyed in the first half of 2025, making the remaining tokens more scarce.
  2. Morph partnership – 220 million BGB tokens burned and another 220 million locked to support ecosystem growth.
  3. High staking rewards – Launchpool staking offers annual percentage rates (APRs) up to 329%, attracting strong demand.

Deep Dive

1. @bitgetglobal: Morph partnership drives supply reduction

"220M BGB burned, 220M locked with 2% monthly unlocks for liquidity incentives"
– @bitgetglobal (3.2M followers · 12K impressions · 2025-09-03 11:14 UTC)
View original post
What this means: This is positive news for BGB. The Morph deal links token burns to blockchain activity, aiming to reduce the total supply by 90% down to 100 million tokens.

2. @MrCryptoceek: Burn rate outpaces competitors

"30M BGB ($138M) burned in Q2 alone – 5% supply erased in H1 vs BNB’s 1-2% annual burns"
– @MrCryptoceek (8K followers · 2.1K impressions · 2025-08-30 21:30 UTC)
View original post
What this means: Bitget’s aggressive token burns are faster than Binance Coin’s (BNB) annual burns, which could put pressure on competing tokens. However, there is some risk because 72% of BGB tokens are held by the top 10 wallets, meaning a few holders control a large portion of the supply.

3. CoinMarketCap: Staking rewards attract investors

"July Launchpool participants saw +12% price gains vs -41% on Binance pools"
– CoinMarketCap Community Post (20K views · 2025-07-25 07:37 UTC)
View original post
What this means: BGB’s staking rewards, with an APY of up to 329%, have outperformed major exchange tokens, encouraging more users to stake their tokens. However, this depends on the platform’s continued growth, which carries some risk.

Conclusion

The overall outlook for BGB is optimistic but cautious. Token burns and the Morph partnership suggest a potential price range of $6 to $16. Still, risks remain due to the concentration of tokens in a few wallets (22% in the largest wallet) and a large token unlock scheduled for January 2026 (140 million tokens). Keep an eye on the Morph chain adoption rate—if the total value locked (TVL) on Morph exceeds $150 million in Q4 2025, it could confirm BGB’s shift from just an exchange token to a broader Web3 platform.

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What is the latest news about BGB?

Bitget Token (BGB) is growing its ecosystem and reducing supply through token burns. Here’s the latest update:

  1. Gas Abstraction Upgrade (October 21, 2025) – Bitget Wallet now supports paying transaction fees (gas) with BGB.
  2. Q3 Exchange Rankings (October 17, 2025) – Bitget ranks among the top exchanges, highlighting BGB burns and a partnership with Morph Foundation.
  3. Proof of Reserves Update (September 25, 2025) – Bitget’s reserves cover 186% of user assets, showing strong financial transparency.

Deep Dive

1. Gas Abstraction Upgrade (October 21, 2025)

What happened:
Bitget Wallet added support for Ethereum’s EIP-7702, which lets users pay transaction fees (called gas) using BGB, USDT, or USDC on eight different blockchains, including Ethereum and Solana. This means users don’t need to hold the native blockchain tokens just to pay fees, making it easier to move assets across different networks.

Why it matters:
This is a positive development for BGB because it expands how the token can be used beyond just discounts on the Bitget exchange. With over 120 million Bitget Wallet users, this could boost demand for BGB as a convenient way to pay fees. It also puts BGB in competition with other wallet solutions like MetaMask and OKX Wallet that offer similar fee payment options. (The Block)

2. Q3 Exchange Rankings (October 17, 2025)

What happened:
Bitget was ranked among the top 15 cryptocurrency exchanges in the third quarter of 2025, handling $2.08 trillion in derivatives trading volume. The report highlighted that Bitget burned 30 million BGB tokens in the second quarter and transferred 440 million BGB to the Morph Foundation to support ecosystem growth.

Why it matters:
This news is somewhat positive. While competition among exchanges is tough, Bitget’s ongoing token burns reduce the total supply of BGB by about 5% this year, which can increase scarcity and potentially value. The partnership with Morph Foundation, which will help govern the token, could also strengthen BGB’s role in the ecosystem. However, broader market challenges, like Bitcoin’s recent 13% weekly drop, might limit short-term gains. (Bitcoin.com)

3. Proof of Reserves Update (September 25, 2025)

What happened:
Bitget released an update on its Proof of Reserves, showing that it holds reserves equal to 186% of user assets — up from 175% in July. Users’ assets total $3.2 billion, while reserves stand at $5.96 billion, including $961 million in USDT and 19,639 BTC.

Why it matters:
This is a strong sign of financial health and transparency. A reserve ratio above 100% means Bitget has more assets than it owes to users, which is reassuring during volatile market conditions. Along with a $300 million Protection Fund, this reduces the risk that users might lose funds if the market worsens. (Bitget)

Conclusion

Bitget Token’s future depends on growing its practical uses—like paying transaction fees and governance—and reducing supply through burns and locks. While competition among exchange tokens and market risks remain, BGB’s deflationary features and Bitget’s commitment to transparency give it a strong position. The key question is whether Morph Foundation’s involvement will help BGB evolve from just an exchange token into a core part of the Bitget ecosystem.

{{technical_analysis_coin_candle_chart}}


What is expected in the development of BGB?

Bitget Token’s (BGB) roadmap is focused on increasing its usefulness, reducing the total supply, and connecting traditional finance (CeFi) with decentralized finance (DeFi) systems.

  1. Morph Integration (Q4 2025) – BGB will be used as the main token for transaction fees and governance on the Morph Layer-2 blockchain, with 220 million BGB tokens permanently removed from circulation (burned).
  2. Q3 2025 Token Burn (October 2025) – A deflationary process linked to how much the platform is used, reducing the number of tokens available.
  3. Bitget Wallet Card Launch (2026) – Introduction of a physical card to enable spending cryptocurrency in everyday life.

Deep Dive

1. Morph Integration (Q4 2025)

Overview:
Bitget transferred 440 million BGB tokens to the Morph Foundation, which operates a Layer-2 blockchain designed for consumer finance applications. Half of these tokens (220 million) were immediately burned, permanently reducing supply. The other half will be gradually released at 2% per month to support incentives within the Morph ecosystem. BGB will now serve as the token used to pay transaction fees (“gas”) and participate in governance decisions on Morph’s network.

What this means:

2. Q3 2025 Token Burn (October 2025)

Overview:
Bitget uses a formula to determine how many BGB tokens to burn each quarter, based on platform activity. In Q2 2025, 30 million BGB tokens worth about $138 million were burned. The upcoming Q3 burn will follow a similar formula:
Burn = (BGB used for gas fees × 1,000) ÷ (Avg. BGB price + 1,000) + 30M.

What this means:

3. Bitget Wallet Card Rollout (2026)

Overview:
Bitget Wallet introduced a virtual card in 2025 that lets users spend crypto through Visa or Mastercard networks. The plan for 2026 is to launch physical cards, initially targeting users in Asia, Europe, and Latin America.

What this means:

Conclusion

Bitget Token’s roadmap focuses on making the token scarcer through burns, more useful through Morph integration, and more accessible with the Wallet Card. These efforts could increase demand for BGB, but much depends on how well Morph is adopted and how regulations around crypto payments develop. How will BGB’s role in Morph’s ecosystem change if competition among Layer-2 blockchains grows?


What updates are there in the BGB code base?

Bitget Token (BGB) has recently improved its functionality through important updates linked to its underlying code.

  1. Morph Partnership & Burn Upgrade (September 3, 2025) – BGB is now the gas and governance token for Morph’s blockchain, with 220 million tokens burned and another 220 million locked.
  2. On-Chain Burn Mechanism (April 8, 2025) – Token burns are now directly connected to actual BGB usage for transaction fees, making the process more transparent.

Deep Dive

1. Morph Partnership & Burn Upgrade (September 3, 2025)

What happened: Bitget Token’s code was updated to work with Morph’s Layer 2 blockchain. This means BGB is now used to pay transaction fees (gas) and participate in governance decisions on Morph’s network.

The Bitget team moved 440 million BGB tokens to the Morph Foundation. Out of these, 220 million were immediately destroyed (burned), and the other 220 million were locked with only 2% released each month. The burning process is now linked to Morph’s blockchain activity, aiming to reduce the total supply of BGB to 100 million tokens. BGB still offers benefits on the Bitget exchange, like fee discounts and access to Launchpool, but now also plays a role in decentralized governance.

Why it matters: This update is positive for BGB because it combines the advantages of a centralized exchange token with new uses in a decentralized blockchain ecosystem. As more people use Morph, demand for BGB could increase. Plus, reducing the total supply through burns can make the token more scarce and potentially more valuable. (Source)

2. On-Chain Burn Mechanism (April 8, 2025)

What happened: Bitget changed how BGB tokens are burned. Instead of burning a fixed amount every quarter, burns now depend on how much BGB is actually used to pay transaction fees through Bitget Wallet’s GetGas feature.

For example, in the first quarter of 2025, 6,943.63 BGB were spent on gas fees, which triggered a burn of 30 million tokens. All this information is recorded on the blockchain and can be verified by anyone.

Why it matters: This change is neutral for BGB’s value. It improves transparency by linking burns to real token usage, but the amount burned now depends on how active users are. If more people use Bitget Wallet, the supply of BGB could shrink faster. (Source)

Conclusion

With these updates, BGB is evolving into a token that offers benefits both on a centralized exchange and within a decentralized blockchain network. The partnership with Morph and the new burn system set BGB up for potential long-term growth. The key question is whether Morph’s user growth will be strong enough to keep BGB scarce despite monthly token releases.


Why did the price of BGB go up?

Bitget Token (BGB) increased by 0.59% to $4.59 over the past 24 hours, slightly outperforming the overall crypto market, which dropped by 0.24%. Here are the main reasons behind this movement:

  1. EIP-7702 Integration – Bitget Wallet now allows users to pay transaction fees (gas fees) using BGB, making the token more useful (Positive).
  2. Supply Changes – Token burns and locked tokens from the September Morph partnership have reduced the number of BGB tokens available to sell (Positive).
  3. Technical Signals – Indicators showed BGB was oversold and found support around $4.35, encouraging some buying (Mixed).

In-Depth Analysis

1. EIP-7702 Utility Expansion (Positive Impact)

What happened:
On October 21, 2025, Bitget Wallet integrated Ethereum’s EIP-7702 standard. This update lets users pay gas fees with BGB across eight major blockchain networks, including Ethereum, Solana, and Base. This means users no longer need to hold different native tokens to complete transactions on these chains. You can read more about this here.

Why it matters:

What to watch:
Look for data showing more users paying gas fees with BGB, which would confirm this feature is driving demand.

2. Supply Constraints From Morph Partnership (Positive Impact)

What happened:
In September 2025, Bitget partnered with Morph L2. As part of this deal, 440 million BGB tokens were transferred to the Morph Foundation. Of these, 220 million were burned (permanently removed from circulation), and the other 220 million were locked with a slow monthly release of 2%. More details are available here.

Why it matters:

3. Technical Rebound From Key Levels (Mixed Impact)

What happened:
BGB’s price tested a key Fibonacci retracement level at $4.66 and bounced back from a low of $4.35. The Relative Strength Index (RSI), a measure of whether an asset is overbought or oversold, moved up from 37, indicating the token was oversold and buyers stepped in.

Why it matters:

Conclusion

BGB’s slight price increase reflects a combination of improved token utility through EIP-7702, reduced supply from token burns and locks, and some technical buying interest. While this isn’t a major breakout, these factors help offset the broader market’s weakness.

What to monitor:
Watch if BGB can stay above $4.50 and gain enough trading volume to challenge the $4.90 resistance level. Also, keep an eye on activity related to the Morph partnership and how widely EIP-7702 is adopted to gauge ongoing momentum.