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On-chain Analyst Monitoring: Over 1.92 Million GT Coins Burned on-chain in Q2 2025
BlockBeats News, July 7th, according to on-chain analyst Ai姨 (@ai_9684xtpa), GateToken (GT) has completed the on-chain burn operation for the second quarter of 2025, with a total of 1,922,789.196841 GT transferred to the burn address. As of now, the total amount of GT burned on the Gate platform has exceeded 180 million.
Ai姨 pointed out that recently, several exchanges have successively put the quarterly burn mechanism on the agenda, making the on-chain deflation trend more significant.
Since the launch of the GateChain mainnet in 2019, GT has been implementing a continuous burn strategy, demonstrating the platform's long-term commitment to its deflationary economic model.
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