News

Gate Unveils Gate Layer: A High-Speed L2 With GT as Core Fuel

Crypto exchange Gate has officially launched Gate Layer, a Layer 2 network built on the OP Stack and secured by GateChain.

Alongside the rollout, the team revealed an upgrade to GT tokenomics, transforming the exchange’s native token into the exclusive gas and utility asset of the ecosystem.

This move places Gate in direct competition with leading scaling solutions while giving GT a new role as the “super fuel” of its Web3 strategy.

Gate’s Layer 2 Vision

The Gate team has been busy. In a new announcement, the exchange revealed that Gate Layer will act as a performance-first L2, focusing on cheaper fees, faster finality, and deeper GT integration.

Built with full EVM compatibility, Gate Layer ensures developers can migrate dApps without rewriting code. For users, this means no change in how they interact with wallets or applications. Everything looks and feels like Ethereum—just faster and cheaper.

The launch also plugs into GateChain as the settlement layer, enhancing security, and integrates LayerZero for smooth asset bridging across Ethereum, BNB Chain, and Polygon. This allows users to move assets across chains without relying on a centralized exchange.

Gate’s announcement highlights the broader vision: building a high-performance, open ecosystem where GT is the glue.

Performance Metrics That Stand Out

According to the official comparison chart, Gate Layer brings some striking upgrades:

  •  1 second block time, reducing settlement delays to near-instant.
  •  5,700+ transactions per second (TPS), outpacing competing EVM chains and second only to Solana.
  •  $30 gas per million transactions, positioning Gate Layer among the cheapest networks available.

These metrics highlight Gate Layer’s attempt to combine Solana-like speed with Ethereum’s developer familiarity.

A crypto commentator, @hippo688, noted that Gate’s entry into the L2 space signals growing competition in the DEX market: “It’s not just about speed. Gate is setting up GT to be unavoidable in its ecosystem.”

GT: From Exchange Token to Ecosystem Fuel

At the core of this upgrade is GT ($GT), which now acts as the exclusive gas token for Gate Layer. Every transaction on the network requires GT, cementing its role as a utility asset rather than just a platform token.

  •  Deflationary model intact: GT keeps its dual burn mechanism—scheduled buyback & burn plus automatic on-chain burns.
  •  Cumulative burn ratio: 60.18% of GT supply is already gone, according to CoinMarketCap data.
  •  Locked supply: 180 million GT, over 60% of total, are currently staked or locked in ecosystem activities.

This makes GT increasingly scarce. Each on-chain action contributes to further deflation, reinforcing the token’s long-term value proposition.

As one community voice, @Buy_SomeBTC, summed it up: “GT is not just a token anymore. It’s the engine that runs Gate’s new L2.”

Gate is not just launching a faster chain—it’s strategically positioning GT at the center of its Web3 expansion. By using GT as the sole gas token, the exchange ensures demand is tied directly to network growth.

This design means:

  •  More dApp activity → more GT burned.
  •  More cross-chain settlements → more GT utility.
  •  More users → tighter GT supply.

The upgrade strengthens GT’s dual identity as both an exchange asset and an L2 gas token, something few CEX-native tokens have achieved.

Related Post

Competitive Edge in the L2 Race

The L2 landscape is crowded, but Gate Layer has carved clear advantages:

1. Low fees: $30 per million transactions is a fraction of Ethereum’s cost.

2. Developer familiarity: Full EVM compatibility ensures smooth onboarding.

3. Cross-chain integration: LayerZero support makes bridging simple and trustless.

4. Token-driven design: GT as gas ties performance directly to token value.

By combining these features, Gate Layer doesn’t just compete—it redefines the role of exchange-backed tokens in L2 ecosystems.

Beyond Gate Layer: The Bigger Web3 Push

The launch of Gate Layer comes alongside other ecosystem initiatives:

  •  GateChain v1.20 upgrade, focusing on higher security.
  •  Perp, Gate Fun, and Meme Go, projects aimed at broadening DeFi, gaming, and social adoption.

Together, these form part of Gate’s Web3 roadmap—where speed, accessibility, and GT utility converge.

In one sentence: GT is only becoming rarer and more valuable.

Gate Layer’s debut sets the foundation for an ecosystem where GT powers every transaction, bridges assets across chains, and benefits from a built-in deflationary model.

The strategy aligns with broader market trends: exchanges building their own scaling solutions to lock liquidity and activity within their token economies. For users, this means lower fees and faster transactions. For GT holders, it’s a stronger case for long-term demand.

Gate has made its move. Whether it can sustain momentum against bigger L2 players remains to be seen—but the direction is clear: GT is no longer just a token. It’s the fuel driving an entire Layer 2 network.

$GT (GateToken)

  •  Price : $16.06
  •  Supply burned: 60.18%
  •  Locked supply: 100M+
  •  Utility: Gas token for Gate Layer, staking, cross-chain settlement

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

Share
Published by
Will Izuchukwu

Recent Posts

Griffin AI’s $GAIN Token Suffers 90% Crash After Exploit

Griffin AI (GAIN), a Web3 AI project that launched on Binance Alpha yesterday, is facing…

5 hours ago

SFUND Exploit: Bridge Hack Rocks Seedify

Seedify’s $SFUND token suffered a major exploit earlier today, triggering one of the sharpest crashes…

2 days ago

LayerZero Foundation’s Buyback of 50M ZRO: A Strong Signal for the Future

LayerZero just made one of its boldest moves yet. Yesterday, @LayerZero_Core confirmed a massive buyback…

2 days ago

$ASTER Flips Hyperliquid in Perp Volume, Hits ATH of $2.13

On-chain perps are heating up. Aster (@Aster_DEX) just pulled off a milestone that puts it…

2 days ago

Haust Announces Haia, The First Financial Assistant That Connects Web2 and Web3

Most people don't notice how many apps they use to manage money until something goes…

2 days ago

Ripple Expands Institutional DeFi on XRPL

Ripple is moving fast into the next stage of institutional DeFi on the XRP Ledger…

3 days ago