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GateToken price gains 10% amid May 2025 transparency report

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GateToken Price Up

GateToken (GT), the native token of the Gate cryptocurrency exchange, has jumped more than 10% in the past 24 hours amid bullish reaction to the exchange’s May 2025 Transparency Report. 

The GT token price reached an intraday high of $17.38 in early trades on Friday, June 20, with daily volume up 81% to above $13.2 million. 

As altcoins such as Sei rode bullish news to pump 15%, GateToken spiked to its highest level in the past week.

Interestingly, current price levels show that bulls are only 34% off the GT price’s all-time high of $25.95 reached in January 2025.

GateToken price chart by TradingView

Why is GateToken price surging today?

The GateToken’s price surge can be attributed to the spike across top cryptocurrencies on Friday.

Bitcoin reclaimed $106k amid buying pressure, and Ethereum, XRP, BNB, and Solana stayed above key demand reload zones.

However, GT is also rising amid positive network data that the Gate team provided in the exchange’s May 2025 Transparency Report

“May was a big month, and the numbers speak for themselves: Futures and spot trading volumes continue to rise,” Gate wrote in the report.

Gate.io reported a cumulative user base exceeding 27 million globally, with both futures and spot trading volumes showing a notable upward trend.

A standout figure is the platform’s reserve ratio, which reached 128.57%. Excess reserves surpassed $2 billion. This financial stability enhances trust among users and investors. 

Additionally, the launch of a new domain, a refreshed logo, and innovative features such as Launchpad, Gate Alpha, and Launchpool.

The CandyDrop, and HODLer Airdrop have also positioned Gate.io as a next-generation crypto exchange.

Meanwhile, the platform’s recognition as the “Best Crypto Exchange of 2025” further amplifies its credibility, likely driving demand for GT. 

The report simply emphasizes Gate’s focus on transparency and innovation, which could be crucial factors fueling the token’s current rally.

GT price forecast

The key report from Gate.io detailing strong financial metrics and a growing user base suggests there may be sustained interest in GT. 

GateToken’s 10% price gain reflects a market endorsement of Gate.io’s transparency efforts and operational success.

As the exchange continues to evolve, stakeholders will closely monitor GT’s trajectory, with the May 2025 Transparency Report serving as a cornerstone for future growth.

A look at the charts suggests fresh optimism for GateToken as the recent pullback seems to fade amid a major rebound.

Investors eyeing the wider sell-off as a dip-buying opportunity could help GT set new records in its potential leg higher. 

Key price levels will be around $22 and $25 for bulls, while bears may be interested in the $15-$12 range.

Notably, the GT price has remained more than 21% down in the past 30 days.

The post GateToken price gains 10% amid May 2025 transparency report appeared first on Invezz

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