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#GTBurns2.57MInQ2
🔥 GateToken (GT) burned over $17.75 million in a quarter! A total of nearly 190 million tokens were burned, setting a new record for deflationary strength.
Today, Gate.io officially completed the GT burn on the blockchain for the second quarter of 2026. A total of 2,570,063 GT tokens were burned, with a value exceeding $17.75 million.
Many may only see the number of tokens burned, but they may not realize the strong long-term signals behind this:
1. A total of nearly 190 million tokens burned, a qualitative change in scarcity
Since the launch of the mainnet in 2019, the total number of burned GT has reached 189,947,219, with a combined value exceeding $1.311 billion. In other words, the total supply of GT has been reduced by more than 63% from the initial 300 million tokens. Such sustained deflationary strength is extremely rare across the entire crypto market.
2. The key to success — 'rigorous execution' in bull and bear markets
One sentence in the announcement deserves special attention: 'Even in the face of numerous market fluctuations, we have consistently adhered to a reasonable burning strategy.' This means that GT burns are not affected by market conditions — whether it's a bull or bear market, real money is used to buy back and burn every quarter. This discipline is a necessary condition for the deflationary mechanism to truly realize its value.
3. Deflation + ecosystem expansion: a positive flywheel for GT
Burning is only half the story. By continuously strengthening its deflationary mechanism, Gate is also constantly expanding GT's use cases and the infrastructure for trading various assets within the relevant regulatory frameworks. When supply scarcity meets continuous demand growth, GT's long-term value is reinforced layer by layer.
Quarterly token burns are not news, but a 63% reduction in total supply plus cumulative burns worth $1.3 billion mean that GT's deflationary process has entered a deeper phase. For long-term holders, this may be more significant than any short-term price spike.
What do you think of GT's deflationary strength in this round? Feel free to share your opinion in the comments 👇
#GateToken #GT #Deflation #Cryptocurrency