## Overview of Wormhole (W)
Wormhole (W) is the native token of the Wormhole platform, launched in 2021 as a cross-chain interoperability protocol. Wormhole allows the transfer of data and tokens between 30+ blockchains (Solana, Ethereum, Arbitrum, Optimism, Base, etc.), supporting DeFi, NFTs, gaming, and governance applications. Key features:
- Native Token Transfers (NTT): Seamless token transfer without liquidity fragmentation.
- Wormhole Connect and SDK: Tools for developers of multi-chain applications.
- Governance: W holders vote on proposals through Wormhole DAO.
The platform is integrated with Circle (USDC), Uniswap, processed 1+ billion messages, and $40 billion in transfers. Supported by Multicoin Capital, Dragonfly Capital, Coinbase Ventures. W is traded on Binance, Bybit, Coinbase, Gate.io, KuCoin.
- Price (July 19, 2025): ~$0.071–$0.085 (CoinMarketCap, CoinGecko, Binance).
- Market capitalization: ~$330–$396.63 million (ranking ~146–211).
- Trading volume (24h): ~$50.28–$124.96 million, down 20.8% or up 73.4% (volatility).
- News:
- AUSD integration: Stablecoin Agora chose Wormhole for interoperability (July 2025).
- Coinbase Perp Futures: Launch of futures on W (July 2025).
- Hashflow 2.0: Integration with Wormhole for cross-chain swaps (June 2025).
- Negative: Cyber attack (July 4, 2025) with fake wallets; down 5.8%.
- Bullish sentiment: 60–70% of posts on X are optimistic, expecting growth after staking.
## Technical Analysis
- Current situation: The price of W has fallen by 94.3–95.3% from ATH ($1.60–$1.02, April 2024) and is trading at $0.071–$0.085, with a change of -3.8% to +8.1% in 24 hours and +23.9–25.6% over 7 days. An ascending triangle is visible on the daily chart, with support at $0.07 and resistance at $0.09. RSI is neutral, a breakout is possible.
- Key levels:
- Support: $0.07–$0.075 (50-day SMA, February low $0.06524).
- Resistance: $0.09, then $0.12.
- Indicators:
- RSI (daily): ~50–55, neutral zone, with bullish momentum.
- MACD: Bullish on 1H/4H, narrowing histogram on the daily.
- SMA: Price is above the 50-day SMA ($0.075) but below the 200-day ($0.10).
- Volumes: $50.28–$124.96 million, up 73.4% (CoinGecko) or down 20.8% (various data). Activity on Bybit: $10.3 million for W/USDT.
- Chart: The price is testing $0.071–$0.085 in an ascending triangle. Closing above $0.09 could lift the price to $0.12; breaking $0.07 would strengthen the drop to $0.065. Check TradingView (W/USDT) or CoinMarketCap.
## Fundamental Factors
- Positive:
- Leader in interoperability: Support for 30+ blockchains, 200+ applications, 1 million wallets.
- Partnerships: Circle, Uniswap, Google Cloud, AMD, Asymmetric Research.
- Staking: Launch in 2025 increased demand for W (+12% in one day).
- Ecosystem: Portal, NTT, intents-based SDK for fast transfer.
- Bullish sentiment: 60–70% of posts on X are optimistic, #200 in mentions (@wormhole).
- Risks:
- Volatility: Down 5.8% in one day (July 2025), cyber attack (July 4, 2025).
- Competition: LayerZero, Axelar, Chainlink CCIP.
- Regulatory risks: Warnings about staking in some jurisdictions.
- Token unlock: 4.67 billion in circulation out of 10 billion, selling pressure is possible.
## Recommendations
- Traders: Buy when holding $0.075 (target $0.09–$0.12, stop-loss $0.07). Sell on breaking $0.07 (target $0.065). Use 1H/4H timeframes for scalping, watch for volumes and news about staking.
- Investors: Growth potential is linked to multi-chain DeFi and partnerships, but volatility and cyberattacks pose risks. Watch for news on TVL and integrations.
- Monitoring: Follow X (@wormhole, @CryptoNobler) for news and TradingView (W/USDT) for signals. Check Binance Square and CoinGecko.
