What could affect the price of BGB?

The future of Bitget Token (BGB) depends on the growth of its ecosystem, token burns, and market conditions.

1. Morph Chain Integration – BGB is now used as a gas and governance token, which is a positive sign.
2. Aggressive Token Burns – 60 million BGB tokens were burned in the first half of 2025, reducing supply and potentially increasing value.
3. Competition from Centralized Exchanges (CEX) – Rivalry with big players like Binance and Bybit could hurt BGB’s market share.

Deep Dive

1. Morph Chain Utility Expansion (Positive Impact)

What’s happening: In September 2025, BGB became the gas and governance token for Morph Layer-2, a blockchain focused on consumer finance and payments. This means BGB is used to pay transaction fees and participate in decision-making on the network. So far, 220 million BGB tokens have been burned, and another 220 million are locked to support the ecosystem.

Why it matters: Burning tokens reduces supply, and new uses for BGB increase demand. If Morph becomes popular, BGB’s value could rise significantly, similar to how Binance Coin (BNB) grew when Binance Smart Chain took off. In fact, BGB’s price jumped 350-450% in 2024 after similar utility expansions (Bitget Blog).

2. Hyper-Deflationary Burns (Positive Impact)

What’s happening: Bitget burned 30 million BGB tokens worth $138 million in just the second quarter of 2025. The goal is to lower the total supply to 100 million tokens. These burns are linked to activity on the Morph chain, creating a cycle where more use leads to more burns, which reduces supply.

Why it matters: At this pace, about 5% of the total BGB supply is removed each year. If Bitget keeps up its high trading volumes (around $2.08 trillion per quarter in 2025), it could burn over 120 million BGB tokens annually. Historically, such supply reductions have led to big price increases, like the 1,364% surge in 2024.

3. Risks from Centralized Exchanges (Negative Impact)

What’s happening: BGB faces challenges from regulatory scrutiny (such as lawsuits from the SEC), users moving to decentralized exchanges (DEXs), and competition from other exchange tokens like Binance’s BNB and OKX’s OKB.

Why it matters: Although BGB outperformed many competitors in 2025, 72% of its tokens are held by just 10 wallets (CCN), which can cause price swings. A regulatory crackdown or aggressive moves by Binance (like lowering fees) could lead to sharp selloffs.

Conclusion

BGB’s price will likely be influenced by how well Morph is adopted (bullish scenario: $6+ by mid-2026) versus risks from the centralized exchange sector (bearish scenario: retesting $3.30). The fact that Bitget holds 324% of BTC reserves relative to BGB supply (Bitget PoR) adds some stability. Keep an eye on burn data in early 2026 and how much value is locked in Morph. The key question: can BGB move beyond being just an “exchange token” and become a core part of the Web3 ecosystem?

What are people saying about BGB?

The Bitget Token (BGB) community is divided between hopeful optimism driven by token burns and concerns about broader market challenges. Here’s what’s currently trending:

1. Morph upgrade sparks $100 price predictions
2. Q2 2025 burn cuts 2.56% of BGB supply
3. Competition from other exchanges clouds growth prospects

Deep Dive

1. @MFaarees_: BGB becomes Morph’s gas token — a bullish sign

"440 million BGB transferred to Morph Foundation – 220 million burned immediately, the rest locked. Burns now linked to chain activity until total supply hits 100 million."
– @MFaarees (144K followers · 110K likes · Sept 3, 2025, 10:09 AM UTC)
[View original post](https://x.com/MFaarees/status/1963182579378430429)
What this means: This is positive news for BGB. By tying token burns to the use of Morph’s blockchain, BGB creates a cycle where increased activity reduces supply, making the token more valuable. It also expands BGB’s use beyond just Bitget’s trading platform.

2. @bitget: Q2 2025 burn removes $138 million worth of BGB — a bullish signal

"30 million BGB burned (2.56% of total supply) – total burned in the first half of 2025 reaches 5%. Burns will continue until supply hits 100 million."
– @bitget (4.5M followers · 8.1K likes · July 18, 2025, 6:25 AM UTC)
View original post
What this means: This is somewhat positive. Burning tokens reduces the number available for sale, which can support the price. However, BGB’s price has still dropped 34% over the past 60 days, indicating that larger market forces are weighing on the token despite these burns.

3. @Nicat_eth: BGB faces tough competition from Binance and OKX — a bearish outlook

"Regulatory risks and intense competition from centralized exchanges threaten BGB’s $2.39 billion valuation, despite a user base of 120 million. Growth in derivatives trading (+41% month-over-month) is a key factor to watch."
– @Nicat_eth (7.5K followers · 24.7K likes · Dec 1, 2025, 6:53 PM UTC)
View original post
What this means: This is a warning sign. Increased competition from major exchanges like Binance and OKX, along with uncertain regulations, could limit Bitget’s ability to grow revenue and support BGB’s value.

Conclusion

Opinions on BGB are mixed. Optimists focus on the benefits of the Morph upgrade and ongoing token burns, while skeptics point to risks from exchange competition and regulatory challenges. Keep an eye on Bitget’s derivatives trading volume (currently $823 million daily, up 284% month-over-month) as it reflects the platform’s ability to buy back tokens and support price. If BGB’s price stays above $3.50, it could confirm bullish expectations. Falling below $3 might lead to more selling pressure.

What is the latest news about BGB?

Bitget Token (BGB) is showing a mix of positive developments and cautious market feelings. Here’s a quick summary of the latest news:

1. Morph Chain Integration (November 5, 2025) – BGB is now the gas and governance token for Morph, an Ethereum Layer-2 blockchain, increasing its usefulness.
2. Proof of Reserves Update (November 25, 2025) – Bitget holds Bitcoin reserves at 324% of user balances, showing strong financial health.
3. Affiliate Program Launch (November 25, 2025) – New program lets creators earn BGB and USDT rewards, helping to grow the community.

In-Depth Look

1. Morph Chain Integration (November 5, 2025)

What happened:
Bitget integrated BGB with Morph Chain, a Layer-2 blockchain built on Ethereum. This means BGB is now used to pay transaction fees (gas) and participate in governance decisions on Morph. Bitget transferred 440 million BGB tokens to Morph’s foundation, burned 220 million to reduce supply, and locked the rest to support the ecosystem.

Why it matters:
This move makes BGB more useful beyond just Bitget’s exchange. By being part of Morph’s blockchain activities, BGB could see higher demand. Burning tokens reduces the total supply, which can help increase value if demand grows.
(Yahoo Finance)

2. Proof of Reserves Update (November 25, 2025)

What happened:
Bitget published its Proof of Reserves report showing it holds Bitcoin reserves equal to 324% of user balances. Other major assets like Ethereum (ETH), Tether (USDT), and USD Coin (USDC) are fully backed as well. User balances dropped slightly compared to last month, but reserves increased.

Why it matters:
This update builds trust by proving Bitget has more than enough assets to cover what users hold on the platform. This is important during times of market uncertainty and regulatory scrutiny. However, the small drop in user balances suggests some users may be withdrawing funds or trading less.
(Bitget Blog)

3. Fast-Track Affiliate Program (November 25, 2025)

What happened:
Bitget introduced a new affiliate program that approves creators quickly and offers rewards up to 5,000 USDT plus BGB tokens. Creators with as few as 100 followers can join.

Why it matters:
This program could help Bitget attract more users and increase trading activity. However, its success depends on keeping creators engaged over time. Previous marketing efforts, like the Bitcoin AI chatbot, brought short-term interest but didn’t maintain long-term growth.
(CoinGape)

Conclusion

Bitget Token (BGB) is evolving from just an exchange token to one with real blockchain utility and improved transparency. Still, the overall crypto market mood is cautious, with the fear/greed index showing “extreme fear” and Bitcoin dominance rising. Whether the Morph Chain integration will lead to steady demand or if broader market challenges will hold BGB back remains to be seen.

What is expected in the development of BGB?

Bitget Token (BGB) is moving forward with planned token burns, expanding its ecosystem, and adding new features to increase its usefulness.

1. Monthly Ecosystem Unlocks (Ongoing) – 2% of 220 million BGB tokens are released each month to support development on the Morph blockchain.
2. Dynamic Burn Mechanism (Ongoing) – Tokens are regularly burned based on activity on the Morph chain until the total supply reaches 100 million.
3. PayFi Expansion (2026) – Plans to work with global payment providers and stablecoins to make BGB usable for everyday payments.
4. AI Trading Modules (2026) – New AI-powered trading tools will improve automated trading and user experience.

Deep Dive

1. Monthly Ecosystem Unlocks (Ongoing)

Overview:
In September 2025, Bitget partnered with Morph, locking 220 million BGB tokens (half of those transferred to Morph). These tokens unlock at a rate of 2% per month to fund liquidity, education, and new use cases on Morph’s Layer 2 blockchain.

What this means:
This is generally neutral to positive for BGB. Controlled monthly releases help avoid flooding the market with tokens, supporting steady growth. However, regular token releases could create selling pressure that limits short-term price gains.

2. Dynamic Burn Mechanism (Ongoing)

Overview:
Starting September 2025, BGB’s burn process ties the number of tokens burned to activity on the Morph blockchain, such as transaction fees. The goal is to reduce the total supply from about 1.1 billion tokens down to 100 million over time.

What this means:
This is positive for BGB’s value because reducing supply can increase scarcity. However, the success of this depends on how well Morph performs — if Morph doesn’t gain traction, burns may slow down.

3. PayFi Expansion (2026)

Overview:
Bitget plans to grow its PayFi system by partnering with major payment networks like Visa and Mastercard, as well as stablecoin issuers. The Bitget Wallet Card, already available in Asia and Europe, will help users spend BGB tokens in everyday transactions worldwide.

What this means:
This is positive if adoption increases, as real-world use cases can boost demand for BGB. Still, regulatory rules in key regions like Europe and Latin America will play a big role in how successful this expansion is.

4. AI Trading Modules (2026)

Overview:
Bitget will introduce AI-powered trading features, including tools that predict market trends and automate trades. These features will offer discounts and premium access to users who hold BGB tokens.

What this means:
This is positive for BGB’s usefulness, potentially attracting more advanced traders. However, Bitget faces strong competition from other exchanges like Binance and Bybit, which could affect adoption.

Conclusion

Bitget Token (BGB) is focusing on cutting supply through token burns, increasing real-world payment options with PayFi, and improving trading tools using AI. These efforts aim to make BGB more than just a typical exchange token. Still, the success of these plans depends heavily on how well Morph’s blockchain is adopted and Bitget’s ability to compete with other major exchanges.

Will BGB’s integration with Morph’s payment system create lasting demand, or will regulatory challenges limit its growth?

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What updates are there in the BGB code base?

Recent updates to Bitget Token’s (BGB) code focus on managing its supply and expanding its use across different blockchain networks.

1. Morph Integration (September 3, 2025) – BGB is now the gas and governance token for the Morph Layer 2 network, with new token burn rules.
2. Burn Mechanism Update (July 9, 2025) – The token burn for Q2 2025 is now linked to actual network activity (gas usage).
3. Cross-Margin Launch (November 13, 2025) – BGB can be used as collateral for spot margin trading on Bitget.

Deep Dive

1. Morph Integration (September 3, 2025)

What happened: BGB’s role expanded beyond the Bitget exchange to become the main token for paying transaction fees (gas) and voting on decisions (governance) within the Morph Layer 2 blockchain.

The update includes a one-time burn of 220 million BGB tokens from Bitget’s reserves, with another 220 million locked and gradually released to support the ecosystem. The goal is to reduce the total supply to 100 million tokens. Smart contracts were updated to allow BGB to serve both as gas for transactions and as a governance token on Morph.

Why it matters: This is positive for BGB because it increases the token’s usefulness in decentralized finance (DeFi) applications, which could drive demand as Morph grows. However, BGB’s value now depends partly on how well Morph performs, introducing some risk. (Source)

2. Burn Mechanism Update (July 9, 2025)

What happened: The way BGB tokens are burned (permanently removed from circulation) was changed to depend on how much gas is used on the Morph network and the average token price.

For Q2 2025, about 30 million BGB tokens (2.56% of the supply) were burned using this new formula:
Burn amount = (Gas fees in BGB × 1,000) ÷ (Avg BGB price + 1,000) + 30,000,000
This replaces the previous fixed quarterly burn with a method tied directly to network activity.

Why it matters: This change adds transparency but makes burn amounts less predictable. If Morph’s network usage increases, more tokens could be burned, potentially reducing supply faster. However, since gas fees were low in Q2, the immediate impact is limited. (Source)

3. Cross-Margin Launch (November 13, 2025)

What happened: BGB was added as collateral for spot margin trading on Bitget, meaning users can use their BGB tokens to borrow funds for trading.

Traders can now leverage BGB holdings with support from vouchers that cover up to 20 BGB in interest fees. This required backend updates on the exchange but did not change the core token protocol.

Why it matters: This is somewhat positive for BGB, as it expands how traders can use the token, potentially increasing demand. However, the effect depends on how popular margin trading becomes on Bitget. (Source)

Conclusion

The recent updates to Bitget Token’s code aim to reduce supply and increase its use across different blockchain platforms. While token burns and the Morph integration could tighten supply, the overall success depends on how well Morph and Bitget’s margin trading grow. It will be interesting to see how BGB’s role develops if Morph gains ground against other Ethereum Layer 2 solutions.