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Wormhole (W) price breaks through 0.1 USDT, up 16.6% in 24 hours
2hours ago

Odaily Planet Daily reported that the OKX market showed that the price of W rose above 0.1 USDT, temporarily reporting 0.1035 USDT, a 24-hour increase of 16.6%. This may be affected by the news that "Wormhole released the W token 2.0 upgrade, and the revenue contribution will be used for W reserves."

Wormhole previously announced the W Token 2.0 upgrade plan, introducing three core changes: the establishment of the Wormhole Reserve strategic reserve pool, a 4% target base yield, and an optimized token unlocking mechanism from annual to biweekly. Returns will come from a combination of the existing token supply and protocol revenue. Furthermore, W will not introduce inflation. Regarding unlocking, starting October 3, 2025, the frequency of W token unlocking will be reduced from annual, with significant fluctuations, to biweekly, resulting in a smoother and more predictable unlocking schedule. The new plan, which will take effect on October 3, aims to enhance ecosystem value accumulation and token market stability.