Latest Bitget Token (BGB) News Update

Deep Dive

1. Morph Chain Integration (3 September 2025)

Overview: Bitget transferred 440M BGB to the Morph Foundation, burning 220M immediately and locking the rest for ecosystem incentives. BGB now powers gas and governance on Morph, a Layer-2 focused on payments.

This integration shifts BGB’s utility beyond Bitget’s exchange into decentralized infrastructure. The burn-and-lock mechanism reduces circulating supply by ~5% instantly, while monthly unlocks (2% over 50 months) aim to balance liquidity and long-term incentives.

What this means: This is neutral for BGB as it expands utility but introduces centralization risks via Morph’s governance. The aggressive burn could tighten supply, though Morph’s security audits flagged vulnerabilities (Source).

2. Burn Mechanism Update (8 April 2025)

Overview: Bitget revised BGB’s burn formula to link quarterly burns to on-chain gas usage via Bitget Wallet. For example, Q1 2025 burned 30M BGB ($120M) based on 6,943 BGB used for gas.

The new model uses:
Burn Amount = (Gas Fees × 1,000) ÷ (Avg Price + 1,000) + 30M
This ties deflation to real usage, replacing fixed burns with a hybrid model.

What this means: This is bullish for BGB because burns now scale with adoption. However, low gas usage (e.g., 1,058 BGB in Q2 2025) limits deflationary impact unless activity spikes (Source).

3. Wallet Utility Expansion (28 October 2025)

Overview: Bitget Wallet added BGB as a gas fee option across 100+ chains, letting users pay transaction fees in BGB instead of native tokens (e.g., ETH for Ethereum).

This update simplifies cross-chain interactions and deepens BGB’s utility. The wallet also introduced AI-driven features for portfolio tracking and on-chain analytics.

What this means: This is bullish for BGB as it incentivizes holding for fee discounts and streamlines DeFi participation. Increased wallet adoption could drive organic demand (Source).

Conclusion

BGB’s codebase updates prioritize deflation (via Morph burns) and utility (gas abstraction). While bullish for scarcity, reliance on Morph’s adoption and unresolved Layer-2 risks temper optimism. Will BGB’s pivot to infrastructure outpace competition from established exchange tokens?

Deep Dive

1. Morph Chain Integration (3 September 2025)

Overview: Bitget partnered with Morph, an Ethereum Layer 2 chain, to upgrade BGB’s role as its gas and governance token. The Morph Foundation burned 220M BGB (20% of total supply) immediately and locked 220M BGB, releasing 2% monthly for ecosystem incentives (Bitget announcement).
What this means: This is bullish for BGB because it deepens utility in Web3 payments and introduces deflationary pressure via activity-linked burns. However, dependency on Morph’s adoption poses execution risk.

2. Quarterly Token Burns (Ongoing)

Overview: Bitget burns BGB quarterly based on on-chain gas usage. Q2 2025 saw 30M BGB burned ($138M at the time), with Q3 burns projected to exceed prior quarters due to increased usage (Bitget Academy).
What this means: This is neutral-to-bullish as burns reduce supply, but effectiveness depends on sustained platform activity. Current circulating supply stands at 697M, with a long-term target of 100M.

3. PayFi Ecosystem Expansion (2025)

Overview: Bitget plans to integrate BGB into real-world payments via the PayFi ecosystem, including a Bitget Card and partnerships with stablecoin issuers (CEO’s 2025 Vision).
What this means: This is bullish if successful, as it could drive mainstream adoption. However, regulatory hurdles and competition from established payment networks like Visa/Mastercard are risks.

Conclusion

BGB’s roadmap balances supply reduction (via burns) and utility expansion (Morph integration, PayFi). The token’s trajectory hinges on Bitget’s ability to execute partnerships and sustain platform growth. With 206% annual returns as of November 2025, will BGB’s deflationary model offset broader market headwinds?

Deep Dive

1. Morph Chain Integration (5 November 2025)

Overview:
Bitget finalized its integration with Ethereum Layer-2 Morph Chain, transferring 440M BGB to Morph’s foundation. Half (220M BGB) were burned immediately, while the remaining 220M are locked, releasing 2% monthly for ecosystem incentives. BGB now serves as Morph’s native gas and governance token, enabling direct USDT trades for Morph assets within Bitget’s platform.

What this means:
This is bullish for BGB as it reduces circulating supply (total burned BGB now exceeds 860M since 2024) and expands utility beyond exchange perks into decentralized finance (DeFi). Morph’s focus on payments positions BGB as a settlement layer token, potentially driving demand from both traders and developers. (Coinspeaker)

2. Top Exchange Ranking (7 November 2025)

Overview:
Bitget secured the #2 spot among global exchanges in November 2025 rankings, reporting $2.08T Q1 volume and 120M+ users. The exchange’s Universal Exchange (UEX) model, combining CEX liquidity with onchain access, has driven BGB adoption via fee discounts and Launchpool rewards.

What this means:
Bitget’s growth directly supports BGB’s value proposition. Increased trading activity and institutional inflows (e.g., 401(k) crypto adoption) could stabilize demand, though competition from Binance (40% market share) remains a headwind. (Bitcoin.com)

3. Onchain Ecosystem Expansion (5 November 2025)

Overview:
Bitget upgraded its Onchain ecosystem with AI-driven tools like Onchain Signals (tracking smart money flows) and added support for Ethereum, Solana, and Base networks. Users can now trade, stake, and manage tokens across chains directly from Bitget wallets.

What this means:
By bridging centralized efficiency with decentralized access, Bitget strengthens BGB’s role in cross-chain liquidity. The AI tools may attract algorithmic traders, increasing platform engagement and BGB’s transactional velocity. (CoinMarketCap)

Conclusion

BGB’s pivot into Morph’s infrastructure and Bitget’s exchange dominance positions it as both a utility token and a DeFi cornerstone. With supply tightening and demand drivers multiplying, the key question is: Can BGB sustain momentum as crypto’s “universal” token beyond exchange walls?

Deep Dive

1. @bitget: Aggressive Deflation Strategy Bullish

“30M BGB burned in Q2 2025 (2.56% supply)… total burns hit 860M since 2024”
– @bitget (4.5M followers · 12K+ impressions · 10 July 2025)
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What this means: Reduced supply (+5% burned in H1 2025) could pressure prices upward if demand holds.

2. @MFaarees_: Morph Partnership Reshapes Utility Mixed

“440M BGB to Morph Foundation – 220M burned instantly, 220M locked (2% monthly unlocks)”
– @MFaarees_ (142K followers · 8.7K impressions · 3 September 2025)
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What this means: Expands BGB’s role beyond Bitget into DeFi gas fees, but unlocks risk gradual sell pressure.

3. CCN: Post-ATH Correction Triggers Caution Bearish

“BGB fell 26% from $8.49 peak… technicals suggest $4.22 support if sell-offs continue”
– CCN (9 January 2025)
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What this means: Short-term holders rotating profits threaten momentum despite long-term burn tailwinds.

4. CoinMarketCap Community: Staking Dominates Narratives Bullish

“July Launchpool APRs hit 329%… BGB holders outperformed Binance/OKX users by +12% monthly”
– CoinMarketCap user (20 August 2025)
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What this means: High yields attract sticky capital, but depend on Bitget sustaining project launches.

5. AMBCrypto: Centralization Risks Loom Bearish

“72% supply held by 10 wallets… whale moves could trigger violent swings”
– AMBCrypto (3 September 2025)
View article
What this means: Low liquidity depth amplifies volatility risk despite bullish tokenomics.

Conclusion

The consensus on BGB is mixed, balancing aggressive supply cuts (43% burned since 2024) against whale concentration and macroeconomic headwinds. While burns and Morph’s Web3 integration offer structural upside, the token’s 90-day price decline (-14.6% to $4.10) reflects broader crypto fear sentiment. Watch Q3 burn data (expected late October 2025) and the $4.00 support level for directional cues.