$W is trading at $0.07519—up 19.6% in the last 24 hours—on a $163.85 million 24-hour volume and a $349.31 million market cap. This breakout was ignited by the launch of Wormhole v2’s Cross-Chain Messaging Upgrade, which supercharged token transfers across Ethereum, Solana, and Avalanche (driving a 40% surge in daily bridged volume); was turbo-charged by last week’s Binance listing of W/USDT pairs, unlocking deep CEX liquidity; further backed by the protocol’s new Staking Rewards Program—now offering 8% APR to active validators—and by on-chain whale accumulation withdrawing large W stakes from exchanges, tightening effective supply and drawing momentum traders back into the token.