Wormhole is a Cross-chain bridge project built on Solana that allows developers easy and customizable access to Wormhole-powered bridges directly from within the platform or decentralized application (Dapp).
The project solves the problem that many Bridge platforms cannot solve, which is that several specific blockchains cannot interoperate with each other. It currently supports cross-chain asset transfers between 22 blockchains, including Ethereum, Solana and Arbitrum.
This Bridge instrument has received great interest from special investment funds that have been valued at up to $2.5B.
Wormhole, a cross-chain bridge platform, recently opened the W staking feature to users. Staking has officially launched for W token holders through the Tally Administration Portal. This is an opportunity for users to participate in the governance process and influence the future direction of the Wormhole DAO and its platform.
The introduction of staking for governance is seen as an important step towards decentralizing Wormhole through MultiGov, the industry's first multi-chain governance system for DAOs on Solana, Ethereum mainnet, and L2 EVMs. The Wormhole DAO will be an early adopter of MultiGov, allowing W holders to create, vote, and execute governance proposals on any supported chain.
Should You Invest in W??
This big question comes into consideration when you look at these details:
- Backer / Investor: with heavyweight names such as Jump Crypto, Multicoin Capital, Binance Labs, and Solana Foundation
- Tokenomic & Vesting schedule is very stable
- Roadmap ok
- Marketing focuses on building a strong community, strategic partnerships, and promotion through diverse media channels
MOST IMPORTANT: THE BUTTERFLY COME
Today W's chart has a butterfly pattern at 0.428 and the next story is only a matter of time when the butterfly rises.
Good price to enter order $W : 0.428 or 0.337.
Information is for reference only, the decision to buy or sell is up to you. Wishing you the victory.
