WBT hits new all-time high near $72.70 as Whitechain shifts to Ethereum layer 2

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WBT hits new all-time high near $72.70 as Whitechain shifts to Ethereum layer 2
PrimeXBT Editorial Team
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WBT has set a new all-time high and now trades around $72.70, extending its climb past the previous $64.11 record from December 2025. The rally lands alongside a shift in Whitechain's architecture and a reworked token-supply mechanism, as the four-year-old exchange token takes on a bigger role beyond trading.

WBT is changing hands near $72.70 after marking a fresh all-time high. That tops the $64.11 record it set in December 2025. The token has gained 28.3% over the past 12 months. It also sat among the global top 10 cryptocurrencies by market capitalization around its fourth anniversary.

Utility now extends beyond the exchange

WhiteBIT gives WBT holders reduced trading fees, referral rewards, and eligibility for Launchpad activities, alongside staking and reward programs. The token also works as the native gas asset on Whitechain, tying it to activity that happens outside the exchange itself. That combination reflects a broader pattern: platforms increasingly bundle trading, infrastructure, and rewards into one ecosystem, and WBT is one example of that model.

Whitechain is becoming an Ethereum layer 2

Whitechain is moving from a standalone Layer 1 into an Ethereum Layer 2 built on the OP Stack. Its Sepolia testnet is already running, with mainnet development targeting later in 2026. The network stays EVM-compatible, so developers keep their existing Ethereum tooling, and WBT remains the native gas token once the transition completes. That gives WBT a role tied to network activity rather than exchange trading alone.

Supply mechanics have shifted too

WBT's full token supply has been unlocked as of 2026, ending the scheduled-unlock phase that shaped its earlier years. WhiteBIT's burn program stays active alongside that unlock: the buyback uses 33% of trading-fee income and 5% of income from other exchange activities, with a stated goal of cutting total supply toward 200 million WBT. The new high therefore arrives after a real change in how much WBT is circulating, giving traders another variable to track.

Kraken listing widens access

WBT was listed on Kraken in March 2026 with WBT/USD and WBT/EUR markets, extending the token's reach beyond the single exchange it started on. That access, layered onto the new gas-token role and the tighter supply mechanics, gives WBT more ground to stand on than its price alone suggests.

Source: crypto.news

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