Wormhole Price

Wormhole (W) is a cross-chain interoperability protocol launched in 2020 that operates primarily on the Ethereum platform. Currently ranked 197 with a price of $0.07825, Wormhole facilitates secure data transfer between multiple blockchain networks through its Messaging protocol. The token has seen -6.19% change in the last 24 hours, with trading prices ranging between $0.07661 and $0.08482. With a market cap of $365.44M and 24-hour trading volume of $6.44M, Wormhole has established itself as a trusted solution in the Web3 ecosystem. The current circulating supply is 4.67B W out of a maximum supply of 10B W. Wormhole powers a network that has processed over 1 billion cross-chain messages and is utilized by major projects in DeFi, NFTs, and governance applications across Ethereum, Solana, Arbitrum, Optimism, and Base ecosystems.

Wormhole was created on October 7, 2020. It operates primarily on the Ethereum platform and has since expanded to support multiple blockchains including Solana, Optimism, Arbitrum, and Base. As a cross-chain interoperability protocol, Wormhole was designed to facilitate seamless asset transfers between different blockchain networks, making it a key infrastructure project in the Web3 ecosystem. Since its launch, Wormhole has grown to become an essential tool for DeFi applications and NFT marketplaces that require multi-chain functionality.

Wormhole was founded by Jump Crypto, a leading crypto trading and venture capital firm. The project was launched in October 2020 as a cross-chain interoperability protocol. Jump Crypto, led by Kanav Kariya, has been instrumental in developing and expanding Wormhole's ecosystem. The founding team's vision was to create a secure bridge between different blockchain networks, allowing for seamless asset transfers across chains. Since its inception, Wormhole has received backing from notable investors including Coinbase Ventures, Arrington XRP Capital, and Multicoin Capital, helping it grow into one of the leading interoperability solutions in the Web3 space with a current price of $0.07825.

Wormhole works as a cross-chain interoperability protocol that enables seamless transfer of assets and information between different blockchains. The W token, currently priced at $0.07825, powers the network's governance and operations. The protocol uses a validator network to verify and relay messages across supported blockchains including Ethereum, Solana, Arbitrum, Optimism, and Base. When users want to transfer assets between chains, Wormhole locks the original assets on the source chain and mints equivalent tokens on the destination chain. With a market cap of $365.44M and ranking 197 among cryptocurrencies, Wormhole has established itself as a critical Web3 infrastructure. The token has a maximum supply of 10B W with 4.67B W currently in circulation. Wormhole's cross-chain messaging system allows for complex DeFi operations, NFT transfers, and DAO governance across multiple blockchains, making it an essential component of the interoperable blockchain ecosystem.

Wormhole employs a sophisticated dual-layer technical architecture designed for secure cross-chain interoperability: On-chain components: - Emitter Contract: Initiates cross-chain messages and transactions - Core Contract: Deployed on each supported blockchain to handle message verification and execution - Token Bridge: Facilitates asset transfers between different blockchains Off-chain components: - Guardian Network: A decentralized validator set that secures the protocol through multi-signature verification - Verifiable Action Approvals (VAAs): Cryptographically signed messages that ensure transaction validity Wormhole currently supports multiple blockchain ecosystems including Ethereum, Solana, Arbitrum, Optimism, and Base, with a modular design that allows for easy integration of additional chains. This architecture enables Wormhole to process cross-chain transactions with high security and minimal latency, making it a leading interoperability solution in the Web3 space.

Wormhole has an ambitious roadmap focused on becoming a truly native multichain token. The project aims to leverage the strengths of both Solana and EVM chains while pioneering the industry's first multichain governance system. In 2025, Wormhole is implementing its strategic rollout plan with enhanced utility features. The team is working on expanding cross-chain capabilities, improving interoperability, and strengthening the DAO governance structure. By 2026, Wormhole plans to complete its decentralization process, giving token holders more control over protocol decisions. The roadmap includes developing new use cases across multiple blockchains, with particular focus on the Ethereum, Solana, Arbitrum, Optimism, and Base ecosystems. Looking toward 2030, Wormhole aims to become a cornerstone of Web3 infrastructure, facilitating seamless cross-chain transactions and governance. With a maximum supply of 10B W tokens and current circulating supply of 4.67B W, Wormhole is positioned for sustainable growth as adoption increases. The project's backing from notable investors like Coinbase Ventures, Arrington XRP Capital, and Jump Crypto provides additional confidence in its long-term vision and execution capabilities.