Gains Network (GNS) Price Prediction

Deep Dive

1. Accelerating Token Burns (Bullish Impact)

Overview:
Gains Network’s Buyback & Burn (BB&B) mechanism has removed 393,000 GNS (~1.4% of supply) in the past 30 days, with the circulating supply dropping to 28.9M as of August 2025. The protocol allocates 90% of gTrade fees to burns, creating persistent buy pressure. Historical data shows GNS surged 60% after BB&B began in November 2024, outperforming GMX by 42% during the same period (Gains Governance).

What this means:
Scarcity-driven narratives could dominate short-term price action, especially with supply projected to dip below 29M soon. However, long-term sustainability depends on maintaining high trading volumes to fund burns.

2. gTrade v10 Upgrade & Competition (Mixed Impact)

Overview:
gTrade v10 launched in August 2025 aims to improve liquidity and cross-chain trading. While the upgrade coincided with a 45% spike in daily activity (Kanalcoin), Gains Network still trails GMX in derivatives revenue ($603k vs. $1.83M in May 2025). New integrations like Bifrost Network’s BTCUSD vaults drove $250M+ volume on Base chain but face scalability tests (X post).

What this means:
Product innovation could narrow the gap with rivals, but GNS needs sustained volume growth to justify its $64.8M market cap. Failure to retain traders post-upgrade may trigger sell-offs.

3. Altcoin Liquidity Rotation (Neutral Impact)

Overview:
The Altcoin Season Index rose 58% in 30 days to 71, signaling capital rotation into smaller caps. GNS’s 22.7% 60-day gain aligns with this trend, but Bitcoin dominance (56.86%) remains high, capping altcoin rallies. Neutral crypto fear/greed levels (51) suggest cautious market participation.

What this means:
GNS could benefit from risk-on sentiment, but macro headwinds (e.g., rising oil prices) or Bitcoin dominance spikes may drain liquidity from mid-cap DeFi tokens.

Conclusion

GNS’s deflationary tokenomics and product updates position it for volatility-driven rallies, but competitive pressures and macro uncertainty limit upside. Watch whether the 23.6% Fibonacci resistance at $2.37 breaks – a close above could target $2.65.

What’s the linchpin? Can gTrade v10 sustain a 30%+ volume increase post-launch to fuel burns?