Latest GMT (GMT) News Update

By CMC AI
02 October 2025 02:09AM (UTC+0)

What is the latest news on GMT?

TLDR

GMT balances product upgrades with technical momentum – here’s the latest:

  1. GMT Pay Overhaul (21 July 2025) – Expanded crypto-to-card features and NFT perks.

  2. Trailblazer Airdrop Completion (25 July 2025) – Distributed GMT to active STEPN/STEPN GO users.

  3. Technical Rally Signals (26 September 2025) – Bullish indicators hint at 30% upside potential.

Deep Dive

1. GMT Pay Overhaul (21 July 2025)

Overview:
FSL Web3 upgraded GMT Pay, enabling $25–$300 prepaid cards via Ethereum, BNB Chain, and Solana. NFT holders (Genesis Sneakers, MORCHI) now get 30% fee discounts, while users earn raffle tickets for GMT prizes. Canceling cards returns 50% of remaining balance in GGUSD.

What this means:
This strengthens GMT’s utility in payments and NFT ecosystems, potentially boosting demand. However, fee discounts may reduce short-term revenue. (FSL Web3)


2. Trailblazer Airdrop Completion (25 July 2025)

Overview:
STEPN/STEPN GO airdropped GMT and FSL Points to users holding Genesis Sneakers, Shoeboxes, or leaderboard positions. Eligibility required burning 10+ Energy (activity metric) within 30 days pre-snapshot.

What this means:
Rewarding loyal users could improve retention but risks dilution with 5.75B GMT circulating. Long-term impact depends on whether recipients hold or sell. (STEPN)


3. Technical Rally Signals (26 September 2025)

Overview:
GMT trades at $0.1539 (as of 24 Sept), with bullish MACD crossover and RSI at 55. Analysts cite $0.16 as resistance; a breakout could target $0.20. However, 10% monthly drop mirrors broader oracle sector volatility.

What this means:
Technical momentum suggests recovery potential, but Chainlink-like corrections remain a risk. Watch trading volume (24h: $77M) for confirmation. (Weex)

Conclusion

GMT’s payments ecosystem growth and technical rebound signals create a cautiously optimistic outlook. Will increased adoption offset oracle sector headwinds? Monitor $0.16 resistance and STEPN user activity for clues.

What are people saying about GMT?

TLDR

GMT’s community balances cautious chart whispers with bullish ecosystem noise. Here’s what’s trending:

  1. Traders debate a rising wedge pattern’s make-or-break moment

  2. GMT Pay’s cross-chain expansion fuels adoption optimism

  3. Analysts flag a 30% rally potential amid mixed signals

Deep Dive

1. @CryptoChartist: Rising wedge tests $0.04 support – mixed

“GMT is consolidating within a rising wedge... A bounce is likely, but breakdown risks remain.”
– @CryptoChartist (12.3k followers · 45k impressions · 2025-05-20 10:56 UTC)
View original post
What this means: This is neutral for GMT because the pattern suggests volatility – holding $0.039 support (current price) could spark a rebound, while a drop below might trigger sell-offs.

2. @fslweb3: Ethereum/BNB Chain integration – bullish

“GMT Pay now supports Ethereum → USDC and BNB Chain → GGUSD. More ways to pay.”
– @fslweb3 (88k followers · 612k impressions · 2025-08-02 01:56 UTC)
View original post
What this means: This is bullish for GMT because expanding payment rails across major chains like Ethereum and BNB Chain could boost real-world utility and demand.

3. Weex Analysis: $0.20 target eyed – bullish

“Breaking $0.16 resistance could trigger a 30% rally... but corrections remain possible.”
– Weex (Market Analysis · 2025-09-26 17:32 UTC)
View original post
What this means: This is cautiously bullish for GMT because technicals (RSI 55, bullish MACD) align with partnerships, though the token remains 69% below its 2024 peak.

Conclusion

The consensus on GMT is cautiously bullish, split between technical traders eyeing wedge patterns and fundamentals-driven optimism around GMT Pay’s growth. However, its 90-day price decline (-12%) and thin liquidity (turnover 0.146) warrant caution. Watch the $0.16 resistance level – a breakout there could validate the bullish narrative.

What is next on GMT’s roadmap?

TLDR

GMT’s roadmap focuses on expanding utility and adoption through ecosystem upgrades and events.

  1. STEPNEMBER 4 (Q4 2025) – Platform’s birthday event with new rewards format.

  2. GMT Pay Multi-Chain Expansion (Q4 2025) – Broader crypto-to-fiat integration.

  3. Social Feature Rollout (Near-Term) – Enhanced user interaction within apps.

  4. FSL Game Hub Enhancements (2026) – New gameplay modes and partnerships.

Deep Dive

1. STEPNEMBER 4 (Q4 2025)

Overview: STEPNEMBER 4 is the annual celebration of STEPN’s launch, featuring redesigned rewards and community challenges. Past iterations included exclusive NFTs and token bonuses. This year’s event aims to boost engagement with gamified tasks tied to GMT burns and movement milestones.

What this means: Bullish for GMT due to increased token utility and potential demand spikes during the event. However, rewards dilution could pressure prices post-event if participation falters.

2. GMT Pay Multi-Chain Expansion (Q4 2025)

Overview: GMT Pay, the crypto-to-Mastercard service, recently added Ethereum and BNB Chain support (FSL). Plans include Solana integration and expanding token options (e.g., GGUSD, POL). The team is also testing fee subsidies for high-volume users.

What this means: Bullish for adoption as cross-chain compatibility broadens GMT’s use cases. Bearish risks include regulatory scrutiny of crypto-linked payment products.

3. Social Feature Rollout (Near-Term)

Overview: A community-driven social layer is in development, allowing users to share fitness achievements, trade NFTs, and join GMT-based challenges. This aligns with STEPN’s shift toward Web3 social-fi mechanics.

What this means: Neutral-to-bullish; social features could improve retention but may face competition from established platforms like Stepn GO’s leaderboards.

4. FSL Game Hub Enhancements (2026)

Overview: The FSL Game Hub’s Tadokami game will introduce replayable chapters and community-designed enemies. Partnerships with brands like Pantone (first Web3 collab) and adidas aim to merge gaming with real-world perks.

What this means: Bullish long-term if partnerships drive user growth, but execution risks persist given the speculative nature of gaming tokens.

Conclusion

GMT’s roadmap balances short-term utility boosts (GMT Pay, STEPNEMBER 4) with long-term ecosystem growth (gaming, social features). Success hinges on converting speculative interest into sustained adoption. How might regulatory shifts toward crypto payments impact GMT Pay’s trajectory?

What is the latest update in GMT’s codebase?

TLDR

GMT’s codebase updates focus on expanding payment infrastructure and user incentives.

  1. Multi-Chain Expansion (2 August 2025) – Added Ethereum and BNB Chain support for GMT Pay card purchases.

  2. Major UX Overhaul (21 July 2025) – Streamlined cross-chain wallet management and faster customer support.

  3. GGUSD Integration (25 July 2025) – Enabled direct payments with GGUSD stablecoin on Polygon and BNB Chain.

Deep Dive

1. Multi-Chain Expansion (2 August 2025)

Overview: GMT Pay now supports Ethereum and BNB Chain, allowing users to purchase prepaid cards using USDC and GGUSD on these networks.

This update simplifies payments for users holding assets on Ethereum or BNB Chain, reducing the need for cross-chain swaps. The integration leverages existing bridges for seamless transactions, maintaining GMT Pay’s low-fee structure.

What this means: This is bullish for GMT because it broadens accessibility to GMT Pay, potentially attracting users from Ethereum and BNB Chain ecosystems. Reduced friction could drive higher card issuance volume.
(Source)

2. Major UX Overhaul (21 July 2025)

Overview: The update introduced unified cross-chain balance visibility, in-app customer support, and NFT-based raffle rewards for card usage.

Developers optimized frontend rendering for faster load times and added real-time balance tracking across Solana, Polygon, Ethereum, and BNB Chain. The raffle system incentivizes card creation and referrals via on-chain NFT tickets.

What this means: This is neutral for GMT because while usability improvements may boost adoption, the raffle mechanic’s long-term impact depends on sustained user engagement.
(Source)

3. GGUSD Integration (25 July 2025)

Overview: GMT Pay added support for GGUSD, a stablecoin backed by U.S. Treasuries, enabling fee payments and balance refunds in GGUSD.

The update allows users to avoid volatility when paying fees or deactivating cards, with 50% of unused balances automatically returned as GGUSD. Smart contracts were adjusted to handle Agora’s treasury-backed stablecoin mechanics.

What this means: This is bullish for GMT because GGUSD’s stability could attract risk-averse users, while the refund mechanism encourages card reuse.
(Source)

Conclusion

GMT’s recent updates prioritize interoperability (Ethereum/BNB Chain), stability (GGUSD), and user retention (raffles). While these enhancements align with broader crypto adoption trends, the lack of protocol-level upgrades (e.g., consensus changes, scalability fixes) suggests a focus on product-layer growth. How might deeper technical innovations, like zk-proof integrations, further differentiate GMT’s ecosystem?

CMC AI can make mistakes. Not financial advice.