With a 90-day increase of 65%, GT's counterattack in the crypto winter

! 90-day increase of 65%, GT's counterattack in the crypto winter

In the cryptocurrency market, volatility and uncertainty are the norm. Recently, the market as a whole has shown a downward trend, with Bitcoin (BTC) losing 15% in the last 90 days, while only 17 of the top 100 coins by market capitalization have achieved positive returns.

In such a market environment, gateToken (GT) bucked the trend with a 65% gain, becoming one of the few tokens to achieve significant growth. This phenomenon has attracted a lot of attention in the market and has also provided a new perspective on the development of the cryptocurrency space.

GT performance is not an isolated incident, but a combination of factors. This article will comprehensively analyze the rise path of GT in the face of market adversity, discuss the technology, ecology and market strategy behind it, and compare its differences from other mainstream platform tokens, in order to provide valuable reference for investors and practitioners.

Mainstream assets fall frequently, BTC falls by 15%

In the context of the overall market downturn, GT's performance is particularly prominent. According to CoinMarketCap, GT has risen by 65% over the past 90 days, making it one of the top 10 tokens by market capitalization.

Looking at the numbers, GT's performance over the past year has been impressive. It rose more than 300% for the year, topping $17.699 in December 2024, up 20.1% in 24 hours. In January 2025, GT hit a high of $25.960 and surpassed $2.5 billion in total outstanding market capitalization. As of March 2025, GT is quoted between $21.3 and $22.5, up 11.44% in the last 60 days, with a strong market performance.

Riding through a volatile market, GT's resilience is revealed

In the cryptocurrency market, bull and bear alternations are the norm, and there are few assets that can maintain a stable performance during this turmoil. GT's resilience over the past year is one of the key features of its market performance. In addition, this resilience is reflected not only in the stability of the GT price, but also in the continued growth of trading activity and volume.

From a technical point of view, in August 2024, gateChain completed the v1.1.6 mainnet upgrade, and the new gas mechanism and combustion strategy laid the foundation for the stable development of the ecosystem. The gas burning mechanism further reduces the total amount of GT tokens, increasing their scarcity and value potential. Technological innovation and optimization provide it with an efficient and reliable deflationary environment, and also provide strong technical support for the long-term development of GT.

At the market level, GT's resilience is also due to its wide range of applications in the ecosystem. GT has played an important role in multiple scenarios such as transaction fee discounts, VIP stakes, staking mining, and on-chain governance, thus forming a stable market demand. These broad use cases increase its market value, enabling GT to maintain high trading activity and volume in volatile markets.

Ecosystem empowerment and strong growth of global users

The construction of the ecosystem is an important criterion to measure the future development potential of a project, and GT is particularly outstanding in this regard. By rapidly launching innovative products and services, GT has further enhanced user penetration and driven significant user growth. As of March 2025, Gate.io has surpassed 21 million users worldwide.

On the other hand, as of the fourth quarter of 2024, the gate Web3 ecosystem has significantly deepened its multi-chain support capabilities through continuous iteration, and has now expanded to 199 public chains, achieving more than 54 million new addresses. With more applications and public links, GT will play a greater enabling role in the entire ecosystem.

According to the latest announcement, gateChain plans to continue to upgrade its core functions, including the development of DApps, and expand the Web3 ecosystem such as wallets, transactions, financial management, NFTs, and Memes. The continuous ecosystem empowerment may greatly enhance the value of GT, attract more potential users, and provide users with richer application scenarios and investment opportunities.

Valuation Repair: Strong Scarcity and Market Confidence

In addition, valuation repair is also an important indicator to measure the market recognition of a project. The GT is also a good performer in this area. Through an innovative and continuous burning mechanism, the circulation of GT has been decreasing and the scarcity has increased significantly.

As the Utility Token and Gas Fee payment token on gateChain, GT underpins the underlying transfer system of gateChain. Since gateChain went live in 2019, GT has continued to burn, and the total amount has shrunk by about 60% from the initial 300 million.

According to the latest data, GT completed the on-chain burn in the fourth quarter of 2024, with 2, 904, 885.4321514 tokens burned, worth more than $63.9 million. At present, GT has burned a total of 177 million tokens, which is the largest scale in the industry.

In terms of market capitalization, GT's market capitalization and ranking have improved significantly over the past two years. At the beginning of 2024, GT had a market capitalization of less than $1 billion, but by March 2025 it had surpassed $2.6 billion, successfully ranking among the top 50 cryptocurrencies in the world. Currently, GT has a market capitalization of $2.68 billion, rising to 46th place.

Passionate game with BNB and OKB, GT low-key breakthrough

In the cryptocurrency market, GT is particularly competitive with established powerhouses such as BNB, OKB, etc. Through comparative analysis, we can observe the survival strategy and development potential of GT in the confrontation with industry leaders.

Focus on the core of innovation, GT understands the way to break the game

GT's success is inseparable from its agile and innovative strategy. By rapidly expanding into emerging markets and continuing to introduce new products and services that meet the needs of the market, GT quickly seized market opportunities. The innovative strategy helps to increase the GT's competitiveness in the market and gives it a valuable window of time to compete with the established players.

GT's innovation has proven not only to be technical, but also to its keen insight and quick response to market needs. This capability has enabled GT to quickly adjust its strategy in the face of market changes, gain a large market share in a short period of time, and successfully establish its competitive advantage.

In terms of the burning mechanism, GT currently has a circulating supply of 96 million, with a burn ratio of 58.06%, the highest burn rate, the lowest circulation, and the most significant scarcity.

Adhere to long-termism, and the platform coin grows towards the sun

GT's prominence in the cryptocurrency market is not accidental, but an inevitable result of a combination of factors. Its out-of-expected performance in the face of market adversity is due to its strong resilience to pressure, efficient ecological empowerment and continuous valuation repair. Through dynamic games with the industry's established powerhouses, GT has successfully broken through the market with its agile and innovative strategies and unique competitive advantages.

With the continuous expansion of the crypto market and the Web3 ecosystem, BNB, OKB and GT are expected to play a greater role in the cryptocurrency market and win more market share and user trust. In the wave of the cryptocurrency market, platform coins have always been a potential track to lead the development of the industry. However, market uncertainty remains, and their future path still faces many challenges.

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