What Wormhole connects
Wormhole (W) is an interoperability / cross-chain bridge token, currently ranked 267th by market capitalization among the assets we track. Wormhole powers a bridge or interoperability protocol — the rails that let value travel across chains. Its relevance grows with fragmentation, but bridges have historically been among crypto's biggest hack surfaces.
Wormhole (W) is a decentralized cross-chain messaging protocol that enables seamless interoperability between different blockchain networks. It allows users to transfer assets and data across various platforms, enhancing liquidity and user experience.
How cross-chain transfers work
Because Wormhole infrastructure holds bridged funds, its trust assumptions are systemic. The strength of its validator set or proof system determines whether it is genuinely safe or merely convenient.
Background & fundamentals
In sector terms it is most often filed under Solana (SOL) Token, Base Ecosystem, and Optimism Ecosystem.
Where Wormhole sits in the market
With W near $0.00950300, Wormhole carries a market capitalization of $45.32M. Around $10.41M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 22.96% of the float — elevated, often a sign of narrative-driven trading.
Almost the entire W supply is already in circulation (~100.0% of the 10B cap), so future dilution is effectively off the table. W remains -99% beneath its all-time high of $1.61, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
The tape currently reads 24-hour +0.50%, 7-day -8.08%, 30-day +0.08%, 1-year -84.43%. Across roughly the last 365 days of daily candles, W endured a peak-to-trough drawdown of about 91% before stabilizing.
Volatility profile
Recent action puts Wormhole in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals +0.08%, a useful input for stop placement and position sizing.
How to evaluate an interoperability token like Wormhole
The honest checklist for W is short:
- Security model — how the bridge validates transfers and how much value it puts at risk.
- Volume and integrations — how much actually flows across W infrastructure and which chains it connects.
- Track record — whether the protocol has avoided the exploits that have plagued the bridge category.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
