According to BeInCrypto, the on‑chain burn of GateToken (GT) for Q3 2026 has been successfully completed. A total of 1,987,321.2431520 GT was transferred to the burn address, and the total burn value exceeded $22.35 million. On‑chain transaction details are viewable at https://etherscan.io/tx/0x4d0e1a6c996f1e9720a1b87f9d12999eee65f0ee83c7f61456fc5992b03cb5e2.
Key Details of This Burn: GT is the core token used within Gate’s ecosystem. The burn operation reflects a deliberate strategy to reduce supply over time, which supporters interpret as strengthening the long‑term value foundation of the project.
