BGB Cryptocurrency Surges Following Merger Announcement

The Bitget Token (BGB) is the **native digital asset** of the Bitget ecosystem, a leading exchange for bitcoin (BTC) and other cryptocurrencies.

Over the past weeks, BGB has been performing exceptionally well, with its price surging over **100% in the last 7 days**. This remarkable growth positions it as the **top-performing digital asset of the week** among the top 100 cryptocurrencies by market capitalization.

A closer look at the price trajectory of BGB throughout the past year reveals its impressive momentum. The chart below illustrates its performance over the last 12 months:

But what has driven this surge in BGB’s value?

On December 26, the Bitget exchange made an official announcement with some significant updates regarding the token. The statement highlighted:

“To further integrate on- and off-chain use cases and enable the Bitget Wallet Token (BWB) community to benefit from the Bitget ecosystem, we are excited to announce the merger of BWB and BGB. This decision stems from strong recommendations from the community. After the merger, BGB will become the unified ecosystem token for both Bitget and Bitget Wallet.”

For context, BWB is the native token of Bitget Wallet, a secure cryptocurrency storage solution within the Bitget ecosystem. Following this merger, **BGB will serve as the sole token for the entire Bitget ecosystem.**

The merger, scheduled to take place on **December 27**, will occur seamlessly and automatically. It has been clarified that this change **will not affect the total supply of BGB**, as no additional tokens will be issued.

This consolidation strengthens BGB’s position within the evolving blockchain ecosystem, creating a more unified experience for users across both the Bitget exchange and wallet platforms.