The post Gate unveils layer 2 network and GT tokenomics upgrade appeared on BitcoinEthereumNews.com.

Key Takeaways Gate launched a new layer 2 blockchain network to boost scalability and ecosystem development. A comprehensive GT tokenomics upgrade was introduced, making GT the exclusive gas token for Gate Layer while continuing its dual burn model. Gate, a crypto exchange, today unveiled a layer 2 network alongside a comprehensive tokenomics overhaul for its GT token. The announcement triggered a minor price reaction for GT, which now holds a nearly $2B market cap. The tokenomics upgrade includes designating GT as the exclusive gas token for Gate Layer while continuing its dual burn model. The new layer 2 network represents Gate’s blockchain infrastructure designed to enhance scalability while integrating with the updated tokenomics framework. Built on the OP Stack and fully EVM-compatible, Gate Layer uses GateChain as its settlement layer. Source: https://cryptobriefing.com/gate-layer-2-network-gt-tokenomics-overhaul/

---

Filed under: News - @ September 25, 2025 3:24 am