Key Takeaways
Wormhole is an interoperability platform fueling multichain applications and expansive bridges within Web3. This collection of open-source protocols is employed by developers across 200 applications and used by over one million distinct wallets to transfer diverse data types across more than 30 blockchains seamlessly.
Its native token, W, made its debut on the market on April 3 last year but started dropping. On Feb. 3, 2025, it sank to an all-time low of $0.1566.
By Feb. 12, 2025, it had made something of a recovery and was trading at around $0.175.
Let’s now look at our Wormhole price prediction, made on Feb. 12, 2025. We’ll also examine the Wormhole price history and explain what it is and what it does.
Here is our W price prediction made by CCN on Feb. 12, 2025. Because the crypto has been out for less than a year, we can only give a more short-term Wormhole price prediction than our usual longer-term ones.
The W price prediction for the next 24 hours is bearish. W will likely continue to decline toward $0.096. Reclaiming the $0.176 horizontal support area will invalidate this bearish outlook.
The daily time frame chart shows the W price fell to a new all-time low on Feb. 3. Even though it bounced afterward, it still trades below the $0.176 horizontal support area and well below the previous ascending support trend line.
Technical indicators are also bearish. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are both declining, and there are no signs of relief in sight.
Therefore, the W price will likely continue to fall. The next closest support is at $0.096, created by the 1.27 external Fibonacci retracement of the previous bounce.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Feb. 12, 2025, Wormhole’s ATR was 0.0227, suggesting relatively high volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Feb. 12, 2025, Wormhole’s RSI was 35, indicating a bearish sentiment.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.
On Feb. 12, 2025, Wormhole scored 40.8 on the CCN Index, suggesting moderate momentum.
Current Price | One Month Ago | Price Change | |
---|---|---|---|
Wormhole | $0.175 | $0.256 | -31.6% |
Starknet | $0.2385 | $0.437 | -45.5% |
Ethena | $0.4355 | $0.9183 | -52.5% |
Pyth Network | $0.2015 | $0.336 | -40% |
Next, let’s examine some key dates in the Wormhole price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when making or interpreting a Wormhole price prediction.
Time period | Wormhole price |
---|---|
Last week (Feb. 5, 2025) | $0.1826 |
Last month (Jan. 12, 2025) | $0.256 |
Three months ago (Nov. 12, 2024) | $0.2847 |
Launch price (April 3, 2024) | $1.61 |
All-time high (April 3, 2024) | $1.61 |
All-time low (Feb. 3, 2025) | $0.1566 |
The market capitalization, or market cap, is the sum of the total W in circulation multiplied by its price.
On Feb. 12, 2025, Wormhole’s market cap was about $500 million, making it the 127th-largest crypto by that metric.
On Feb. 12, 2025, one wallet held more than 20% of the supply of Wormhole.
As of Feb. 12, 2025, the five richest Wormhole wallet addresses were:
Supply and distribution | Figures |
---|---|
Maximum Supply | 10,000,000,000 |
Circulating supply (as of Feb. 12, 2025) | 2,859,695,683 (28.59% of total supply) |
Holder distribution | Top 10 holders owned 51.91% of the supply as of Feb. 12, 2025 |
In its technical documentation or whitepaper, Wormhole describes itself as “a generic message passing protocol that enables communication between blockchains.”
It adds: “Wormhole is not a blockchain itself; it provides a means of communication between blockchains or rollups. It is not a token bridge, though there are protocols built on Wormhole that serve this purpose.”
Wormhole is the leading interoperability platform powering multichain applications and bridges at scale—the Web of Web3. The suite of open-source protocols is used by developers of over 200 applications and more than one million unique wallets to move various types of data across over 30 blockchains.
The platform has handled over 1 billion cross-chain messages for applications and teams like Uniswap, Circle, Lido, Synthetix, Pyth, and more. In 2023, the Uniswap Foundation’s Bridge Assessment Committee conducted a third-party multi-month report that resulted in Wormhole being named the only unconditionally approved cross-chain protocol for use by the Uniswap DAO, based primarily on security and decentralization practices.
W has been initially launched as a native Solana SPL token. ERC20 functionality will be enabled post-launch through Wormhole’s Native Token Transfers (NTT), allowing seamless transfers across any Wormhole-connected network.
It is hard to say. The coin has been around for a relatively short time but is still far from its launch price. Indeed, it has only recently come off an all-time low.
On the other hand, there is a theory that one should buy during a dip. The biggest problem for W is that we don’t know when the dip will finish, nor where any potential
As always with crypto, you should do your own research before deciding whether or not to invest in Wormhole.
No one can really tell right now. While the Wormhole crypto price predictions are largely downbeat, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before you decide whether or not to invest in Wormhole, you will have to do your own research, not only on W, but other related coins and tokens such as Ethereum (ETH) and Solana (SOL). Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri.
No Wormhole price prediction based on technical analysis sees W reaching a double-figure value in this decade.
Wormhole’s suite of open source protocols is used by developers of over 200 applications and more than 1 million unique wallets to move various types of data across over 30 blockchains. It is powered by the W crypto, which can be bought, sold, and traded on exchanges.