Why transfer Is Trending Today?

Explore key developments that caused transfer to trend — updated as the story unfolds.

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September 2, 2025 at 11:47 PM

Bitget, a cryptocurrency exchange, has transferred 440 million BGB tokens to the Morph Foundation, marking a significant shift in power as BGB becomes the gas and governance token of the Morph Chain. This move, which follows a 39% supply shift, has led to a 14% surge in Bitget Token price, with BGB token price now eyeing $6. The partnership aims to accelerate BGB's utility on the Morph Chain, with Bitget upgrading BGB to function as the native gas and governance token on the Morph blockchain.