Key Points
- South Korea's largest exchange Upbit launched Wormhole (W)'s KRW, BTC, and USDT trading pairs.
- The token's price surged by 21% following its listing.
South Korea's largest crypto exchange Upbit listed Wormhole (W) earlier today. The crypto exchange launched Wormhole (W)'s following spot trading pairs at 18:00 UTC+8:
- KRW
- BTC
- USDT
Following today's listing, the price of the token surged significantly.
Wormhole (W) Price Surges Following Upbit Listing
Wormhole (W)'s price surged by 21% after the Upbit listing and the token is now trading above $0.37. Earlier, it reached prices close to $0.38.
The token now has a market cap of over $962 million.
On October 1, the W token recorded a significant price drop below $0.28 ahead of its recent surge.
Latest Wormhole Achievements
Era3 Launch
On October 1, Wormhole announced that they launched Era3 which sets the new standard for cross-chain interoperability, enabling apps, tokens, networks, and institutions to go multichain with ease.
According to their official blog post, Wormhole Era3 is the next step for connecting all crypto and bringing traditional finance on-chain.
Wormholescan v2 is Live
On September 30, the team at Wormhole announced that Wormholescan v2 from core contributors xLabs is now live.
In a message on X, they detailed that this means the following:
- Enhanced real-time multichain data for anyone across the entire Wormhole ecosystem
- A new dedicated developer section
Wormholescan's upgrade is detailed in the team's official blog post. According to the post, Wormholescan is built and operated by the xLabs team and the upgrade brought new features, and a revamped interface to boost UX.
Overall, the new Wormholescan project brings tools and insights to navigate the ecosystem with higher confidence and efficiency.
The key improvements brought to the project include the following:
- The Wormhole Governor dashboard
- Advanced analytics for tokens, chains, and protocols
- Dedicated developer section
- A comprehensive W token page
What is Wormhole (W)?
Wormhole is an interoperability platform that powers multichain apps and bridges at scale. Wormhole offers developers access to liquidity and users of over 30 blockchains, enabling use cases in the fields of DeFi, NFTs, governance, and more.
The Wormhole network is trusted and used by important names in the crypto industry including Circle and Uniswap.
W is the native token that powers the Wormhole platform.
