Introduction:

Wormhole, a top cross-chain protocol, has rolled out its highly awaited W governance token, making a big splash in the crypto world. This step marks a significant move in decentralized finance (DeFi), positioning Wormhole as a major player.

Details of Airdrop and Price Surge:

Wormhole has shared extensive info about the W token airdrop, showing its commitment to involving the community. Over 400,000 wallets qualify, spanning different chains like Solana and Ethereum. A whopping 617.3 million W tokens are set aside for the initial airdrop, rewarding early supporters. Major exchanges like Binance, Bybit, and OKX swiftly listed the token after the airdrop, prompting a quick 10% price jump. This surge indicates strong demand and trust in Wormhole's vision.

Token Overview and Market Performance:

The launch of the W token marks a big step for Wormhole, highlighting its role in the crypto space. Initially on Solana, Wormhole plans to support Ethereum too, boosting accessibility. W tokens are currently trading at $1.427, hitting a high of $1.860 on big exchanges. With 1.8 billion tokens circulating out of 10 billion, the market cap sits at $2.57 billion. These numbers show growing investor interest and potential for the W token in DeFi.

Conclusion:

Wormhole's W token is making waves with its airdrop and listing on major exchanges. With strong community engagement and market performance, Wormhole is set to make its mark in the world of decentralized finance.