Bitget Burns Over 30 Million BGB Tokens Worth $138M in Q2 2025 Ecosystem Push
The post Bitget Burns Over 30 Million BGB Tokens Worth $138M in Q2 2025 Ecosystem Push appeared on BitcoinEthereumNews.com. More than 30 million BGB tokens set to burn! Bitget, the premier cryptocurrency exchange and Web3 platform, will execute a burn of 30,001,053.1 BGB tokens, amounting to 2.56% of the total supply, for Q2 2025, approximately worth $138 million at the average price in Q2 2025. With this, more than 5% of the total BGB token supply has been burned in the first half of the year, in accordance with Bitget’s strategy for the growth of the native ecosystem token. BGB is rising as a Top CEX Token fueling Bitget Growth BGB has always ranked highly in terms of trading volume and market value, making it one of the best-performing centralized exchange tokens of 2025. BGB has undergone a number of strategic enhancements since its original introduction, becoming into a vital component of the Bitget ecosystem. Demand for its usefulness across a range of platform features, including as staking, fee reductions, Launchpad access, and special campaign eligibility, is driving its rising popularity. With more than 120 million users in the Bitget ecosystem, BGB manages the infrastructure and serves as the backbone for user liquidity and incentive across a range of businesses. The quarterly BGB burn mechanism is an automated, pre-disclosed program that removes a portion of circulating tokens based on revenue performance and BGB usage on the platform. This structured approach shows both the exchange’s growth trajectory and the increasing transactional demand for BGB. As Bitget continues expanding into new regions and product verticals, from AI-powered trading to Launchpool innovations, the utility of BGB keeps increasing across the platform. What Bitget CEO says “BGB has become one of the most attractive and best-performing CEX tokens,” said Gracy Chen, CEO of Bitget. “Its utility and growth have been indicators of its potential. With every burn, we invest in BGB’s future that’s driven…
The post Bitget Burns Over 30 Million BGB Tokens Worth $138M in Q2 2025 Ecosystem Push appeared on BitcoinEthereumNews.com.
More than 30 million BGB tokens set to burn! Bitget, the premier cryptocurrency exchange and Web3 platform, will execute a burn of 30,001,053.1 BGB tokens, amounting to 2.56% of the total supply, for Q2 2025, approximately worth $138 million at the average price in Q2 2025. With this, more than 5% of the total BGB token supply has been burned in the first half of the year, in accordance with Bitget’s strategy for the growth of the native ecosystem token. BGB is rising as a Top CEX Token fueling Bitget Growth BGB has always ranked highly in terms of trading volume and market value, making it one of the best-performing centralized exchange tokens of 2025. BGB has undergone a number of strategic enhancements since its original introduction, becoming into a vital component of the Bitget ecosystem. Demand for its usefulness across a range of platform features, including as staking, fee reductions, Launchpad access, and special campaign eligibility, is driving its rising popularity. With more than 120 million users in the Bitget ecosystem, BGB manages the infrastructure and serves as the backbone for user liquidity and incentive across a range of businesses. The quarterly BGB burn mechanism is an automated, pre-disclosed program that removes a portion of circulating tokens based on revenue performance and BGB usage on the platform. This structured approach shows both the exchange’s growth trajectory and the increasing transactional demand for BGB. As Bitget continues expanding into new regions and product verticals, from AI-powered trading to Launchpool innovations, the utility of BGB keeps increasing across the platform. What Bitget CEO says “BGB has become one of the most attractive and best-performing CEX tokens,” said Gracy Chen, CEO of Bitget. “Its utility and growth have been indicators of its potential. With every burn, we invest in BGB’s future that’s driven…
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