Latest GMT (GMT) News Update

Deep Dive

1. Bitso Listing (5 November 2025)

Overview:
Bitso, Mexico’s largest crypto exchange, added GMT under its "Limited Trading" label, enabling users to buy/sell GMT with Mexican pesos. This follows GMT’s integration into STEPN’s Move-to-Earn ecosystem and targets Bitso’s 8M+ user base in Latin America.

What this means:
This is neutral-to-bullish for GMT because it increases accessibility in a high-growth region but doesn’t guarantee sustained demand. Bitso’s conservative "Limited Trading" tag suggests cautious onboarding. (Bitso)

2. Coinbase Delisting (28 October 2025)

Overview:
Coinbase delisted the GMT-USDT pair alongside five others, citing liquidity optimization. GMT’s price dropped 10.64% pre-announcement but stabilized post-delisting, as USD pairs remained active for Premium users.

What this means:
This is bearish short-term due to reduced trading flexibility for non-Premium users, but neutral long-term since core USD liquidity persists. The move reflects Coinbase’s broader strategy to consolidate low-volume pairs. (Phemex)

3. GMT Pay Overhaul (21 July 2025)

Overview:
STEPN’s payment arm, GMT Pay, launched web access, $25 entry-level cards, and cross-chain compatibility (Solana, Ethereum, BNB Chain). Genesis Sneaker NFT holders gained 30% fee discounts, incentivizing ecosystem loyalty.

What this means:
This is bullish for GMT because it deepens utility within STEPN’s fitness-to-spend loop. The 50% balance refund in GGUSD upon card cancellation adds deflationary pressure, potentially reducing sell-offs. (FSL Ecosystem)

Conclusion

GMT’s narrative balances exchange volatility (Bitso’s adoption vs. Coinbase’s delisting) against tangible product growth (GMT Pay’s upgrades). While regulatory and market risks linger, its integration into STEPN’s expanding ecosystem offers a use-case moat. Will increased Latin American access offset fading institutional interest in altcoins?

Deep Dive

1. @fslweb3: GMT Pay adds Ethereum & BNB Chain support 🚀 bullish

“You can now buy cards using USDC on Ethereum and GGUSD on BNB Chain. More ways to pay. Same smooth experience.”
– @fslweb3 (48.3K followers · 11:14 AM UTC, 21 July 2025)
View original post
What this means: This broadens GMT’s utility across major chains, potentially increasing transaction volume and user adoption. The integration with stablecoins (USDC, GGUSD) reduces volatility exposure for card users.

2. @Stepnofficial: Trailblazer Airdrop rewards loyal users 🎁 bullish

“GMT and FSL Points distributed to Genesis Sneaker holders and top Leaderboard players meeting Energy usage thresholds.”
– @Stepnofficial (572.8K followers · 12:03 PM UTC, 24 July 2025)
View original post
What this means: Incentivizing continued platform engagement could reduce sell pressure from airdropped tokens, as recipients might hold for future ecosystem perks.

3. CoinMarketCap Community: Rising wedge pattern signals uncertainty ⚖️ mixed

“GMT trades above Ichimoku Cloud support but risks breakdown below wedge. Watch $0.014 support.”
– Technical analysis post (20 May 2025)
View original post
What this means: The Ichimoku Cloud support suggests underlying strength, but the tightening pattern implies volatility. A close below $0.014 (current: $0.0173) could trigger algorithmic selling.

Conclusion

The consensus on GMT is mixed, balancing ecosystem growth against technical risks. Product expansions (GMT Pay) and loyalty rewards (Trailblazer Airdrop) contrast with exchange delistings (Coinbase’s GMT-USDT removal) and bearish price trends (-57% last 90 days). Watch the Ichimoku Cloud’s Tenkan-Sen line ($0.016) – sustained holds above it could signal accumulation, while breaks below may confirm broader downtrends.

Deep Dive

1. GMT Pay Multi-Chain Expansion (21 July 2025)

Overview: GMT Pay now supports Ethereum and BNB Chain, enabling payments via USDC, GGUSD, and other tokens. NFT holders (Genesis Sneakers, MORCHI) receive 30% fee discounts.

This update required cross-chain interoperability upgrades, likely involving smart contract adjustments to handle multi-network transactions. The NFT perk system suggests snapshot-based eligibility checks integrated into payment processing logic.

What this means: This is bullish for GMT because it broadens real-world crypto spending use cases and incentivizes NFT ownership. Reduced fees could drive adoption among existing ecosystem users.
(FSL Ecosystem)

2. Web App Launch (16 July 2025)

Overview: GMT Pay became accessible via browsers, eliminating app dependency. Users create virtual Mastercards using crypto (SOL, POL, GMT) and link to Apple/Google Pay.

The web app rollout implies frontend optimizations for cross-device compatibility and backend upgrades for FSL ID authentication flows.

What this means: This is neutral for GMT as it simplifies access but doesn’t directly increase token demand. However, smoother onboarding could attract new users long-term.
(FSL Ecosystem)

3. Trailblazer Airdrop Mechanics (24 July 2025)

Overview: GMT airdropped to users meeting criteria like Genesis Sneaker ownership or leaderboard rankings, with automated FSL Points conversion.

While not a codebase overhaul, the airdrop required precise smart contract execution to validate eligibility (e.g., sneaker ownership duration, energy usage) and distribute rewards.

What this means: This is neutral for GMT as it rewards loyal users but temporarily increases sell pressure. The focus on activity metrics aims to boost engagement.
(STEPN GO)

Conclusion

GMT’s recent updates prioritize payment infrastructure and community incentives over core protocol changes. The integration with major blockchains and NFT utility enhancements signal a push toward broader adoption. Will GMT Pay’s usability improvements translate into sustained token demand amid ongoing market volatility?

Deep Dive

1. Social Feature Rollout (Q1 2026)

Overview: STEPN’s July 2025 Townhall highlighted plans to introduce an in-app social feature, enabling users to connect, share achievements, and participate in community challenges. This aligns with efforts to boost retention and attract Web2 users.
What this means: Bullish for GMT as increased engagement could drive demand for GMT to unlock social perks or event participation. Risks include delayed delivery or underwhelming adoption.

2. GMT Pay Global Expansion (2026)

Overview: Following July 2025’s GMT Pay upgrades (multi-chain support, NFT fee discounts), the team aims to add localized payment options and partner with retailers for direct crypto spending (FSL Ecosystem).
What this means: Neutral-to-bullish. Wider adoption of GMT Pay could increase GMT’s burn rate (used for card fees) and utility. However, regulatory hurdles in key markets like the EU or Asia may slow progress.

3. FSL Game Hub Updates (2026)

Overview: The FSL Game Hub, which hosts games like Tadokami, plans to integrate GMT as a cross-game currency for purchasing assets or staking. A 2025 recap noted “daily Starlet rewards” as a test case for broader GMT utility.
What this means: Bullish if executed well, as gaming ecosystems often drive token velocity. However, competition from established GameFi tokens (e.g., AXS, GALA) could limit upside.

Conclusion

GMT’s roadmap prioritizes real-world utility through payments, social features, and gaming—key drivers for reversing its -57% 90-day price decline. While execution risks persist, successful integration of these features could stabilize demand. How might broader crypto market trends in 2026 amplify or undermine these efforts?