WBT hits record high, encryption infrastructure becomes increasingly institutionalized

WBT traded around US$72.70 after hitting a record high. The four-year milestone coincides with broader development in blockchain infrastructure and digital assets.

Summary

WBT broke through US$72 to a record high. Its rise continues as exchange tokens become more practical in the trading and blockchain ecosystem.

Whitehain is using OP Stack technology to transform into an Ethereum Layer 2 network, and WBT will still serve as its native Gas token.

The full supply of WBT is now unlocked, and WhiteBIT's proactive destruction program aims to reduce the total supply to 200 million in the long term.

WBT trades around US$72.7 after hitting a record high

WBT is currently trading at approximately US$72.7 after hitting a record high, continuing its previous rally and breaking through the previous high of US$64.11 set in December 2025. This trend comes as the token enters a new stage of development in its fourth year, while the entire crypto industry continues to evolve towards more mature infrastructure and institutional participation.

Exchange tokens are becoming increasingly useful

The role of exchange tokens has changed significantly compared to the early days of crypto. The platform provides users with transaction-related benefits, including fee exemptions, while holding tokens can also affect referral rewards and eligibility to participate in certain Launchpad activities. Pledge and reward programs provide users with more ways to interact with assets.

This token also has blockchain functionality. WBT is a native Gas asset on Whitechain, making it directly linked to trading activities outside the exchange environment.

This broader utility is becoming increasingly important as crypto platforms increasingly serve users who expect capabilities beyond simply buying and selling assets. Transactions, blockchain infrastructure, token issuance and rewards are gradually integrated into a connected ecosystem. WBT is a typical representative of this model.

Whitehain takes a different scalability path

At the same time, development at the infrastructure level is advancing simultaneously. Whitechain is transforming from its original independent layer network to an Ethereum layer 2 network built based on OP Stack. The network's Sepolia test network has been put into operation, and main network development is scheduled to be completed in the second half of 2026.

This transformation has integrated Whitehain into a larger ecosystem. The Ethereum Layer 2 network has become the mainstream way to handle blockchain activity and settle transactions back to Ethereum. Whitehain's architecture remains compatible with the Ethereum virtual machine, which means developers can continue to use familiar Ethereum development tools. After the transformation is completed, WBT will still be used as a native Gas token.

This development is particularly important for WBT because it gives the token a role in online activities that does not rely entirely on exchange transactions.

A new stage in token supply

In the past 12 months, WBT has risen by 28.3% and ranks among the top ten cryptocurrencies in the world by market capitalisation in data released around its fourth anniversary.

Price trends are worthy of attention, but at the same time, some structural changes are also affecting the use of exchange-linked digital assets. WBT's token economy model has also reached a turning point. As of 2026, the entire supply of this token has been unlocked. At the same time, its destruction mechanism remains active. The platform said the repurchase program uses funds equivalent to 33% of transaction fee income and 5% of income from other exchange activity, and its goal is to reduce the total supply to 200 million WBT units.

This is different from the dynamics of WBT's early stages of supply gradually unlocking as planned. The dual factors of completed unlocking and continuous destruction provide another dimension of consideration for traders to review the long-term supply of the token. This also means that after major changes in the mechanism for managing WBT liquidity, the recent emergence of historical highs is of special significance.

More markets are opening up

As its practicality improves, the token's market coverage has also changed. WBT was launched on a major exchange in March 2026, opening the WBT/USD and WBT/EUR trading markets, which gave the asset additional access channels outside its original exchange environment. This is critical for liquidity and visibility, especially for the early use of exchange tokens that are closely linked to a single platform.

WBT's fourth birthday provides another reference point. Four years after its launch, the token's trading price has exceeded previous records, rising by 28.3% in the past year, and has developed multiple uses covering exchange services and blockchain infrastructure.

This new high does not determine the future direction of the token. But it does suggest that WBT is entering a different stage of its life cycle-a stage where market performance will be watched along with token utility, supply changes, and the development of its underlying network.