The crypto landscape is abuzz with the latest developments as Wormhole Protocol’s native token, W, secures a spot on the global stage with its listing on several leading exchanges. Among the exchanges, Binance has proclaimed the inclusion of Wormhole (W) in its spot market, launching trading pairs W/BTC, W/USDT, W/FDUSD, and W/TRY on April 3, 2024.
As trading activities ramp up, the zero listing fee on Binance and facilitated deposits ahead of trading present an appealing opportunity for investors and traders alike, marking a significant moment for the Wormhole Protocol. This milestone is accompanied by similar listings on OKX, Bitget, and KuCoin.
This move follows the eagerly anticipated token airdrop set to occur earlier today at 7:30 a.m. ET, where nearly 400,000 wallets are poised to claim their share of 678,823,000 Wormhole tokens. This distribution represents 6.78% of the token’s total supply, which caps at 10 billion.
The token itself is dual-native, being both an ERC20 token on Ethereum and an SPL token on Solana, with an estimated initial circulating supply of 1.8 billion.
Wormhole, renowned for enabling the seamless transfer of tokens and data across different blockchains, has captured the attention of the crypto community with its latest initiative. By integrating zero-knowledge proofs (ZKPs), the platform has enhanced the security of cross-chain transfers.
