❕ $W has been added to the Grayscale token watchlist for potential future investment products.

This marks another significant milestone for Wormhole, highlighting its growing institutional adoption and recognition by one of the leading digital asset management firms in the world.

A few other bullish factors for Wormhole:

🟡Live fees changing, generating revenue for $W token holders

🟡Used by Securitize, Uniswap infra, Google Cloud, etc.

🟡Over $60 billion in cross-chain volume

🟡Rumors of an additional airdrop

🟡Backed by Jump, Multicoin, Brevan Howard, Coinbase Ventures, and ParaFi (raised $225 million at a $2.5 billion FDV)

The incentive to execute this comeback is definitely there.