🔴 The price of WAN dropped by 6.8% to $0.1074 after breaking the support level at $0.1105, with trading volume increasing by 50% after 7:00 AM Eastern Time. Technical indicators such as RSI and MACD suggest a continuation of the downward momentum, with traders testing the $0.1070 level for any potential reversal.
2. Expansion of Deflationary Cross-Chain Operations
HoudiniSwap Integration (August 12, 2025): The privacy-focused exchange platform supports over 150,000 users accessing Wanchain's cross-chain infrastructure, enhancing network activity and increasing demand for WAN.
Launch of the Deflation Tracking Dashboard (August 10, 2025): Wanchain unveiled an instant display dashboard for WAN burn rates compared to staking emissions, with over 900,000 WAN (equivalent to $111,000) burned, on its way to reaching one million burned coins.
3. Bridge Between Wanchain and VeChain (July 10, 2025)
Wanchain launched a bridge connecting the VeChain network to 40 other blockchain chains, adding over $100 million to the total value locked, which would support DeFi liquidity and expand WAN's long-term influence.
