Wormhole
W#312$0.012389+6.26%
Wormhole (W) trades under the ticker W and currently sits at $0.01940621. Its market capitalization — the total value of all circulating tokens — stands at $128,020,243, placing it at rank 250 among crypto assets. Trading volume over the past 24 hours reached $26,886,515, a figure that gives this Wormhole report a concrete read on recent market activity. Taken together, those numbers say far more than the token price on its own. A low unit price is one of the easiest things to misread in crypto: it tells you nothing about how large the asset actually is. Market cap does that job, while 24-hour volume shows how many tokens have genuinely changed hands in a recent window. Rank 250 puts Wormhole outside the heavyweight tier of crypto assets, yet still inside the top 250 by market capitalization. The catch is timing. Price, volume, rank and market cap can all shift within hours, so treat this snapshot as a starting point rather than a fixed profile. Any Wormhole analysis October or later should check whether liquidity stays consistent, how market cap moves relative to price, and whether volume is deep enough to support the size of a trade you're weighing. That approach keeps a Wormhole forecast anchored to observable trading conditions instead of guesswork.
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Wormhole (W) is a traded crypto asset with a current price of $0.01940621. Its market view is shaped by a $128,020,243 market cap, rank 250 and $26,886,515 in 24-hour volume, all of which can move quickly.
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Clear bullish / neutral / bearish signal based on market data, on-chain security and macro signals.
Analysis from October 12, 2026
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Rating
Confidence
Wormhole trades at $0.02295707 after rising 29.1% in 24 hours, 57.0% in seven days and 133.7% in 30 days, showing powerful but potentially unstable momentum. The Fear & Greed Index is at 69, labeled Greed, although it has fallen from 73 over the past week; optimism remains strong, but the cooling reading raises the risk of a reversal after the rapid advance. Constructive factors include ongoing code development, open-source software and $1.7 billion in tracked locked or backed capital. These are balanced by high address concentration, an upgradeable contract structure, unresolved contract-control checks and the fact that only 65.99% of maximum supply is circulating. For investors, the picture combines improving momentum and active development with meaningful security, supply and macroeconomic risks.
No current news available at this time. The sharp advance instead coincides with Greed-level market sentiment and strong momentum across Wormhole's recent price data, although timing alone does not establish a direct cause. Rising interest rates and inflation remain unfavorable background conditions for speculative crypto-assets. A slightly weaker U.S. Dollar Index offers some relief to the broader market, but it does not explain Wormhole's rise by itself.
Wormhole has gained 29.1% in 24 hours, 57.0% over seven days and 133.7% over 30 days, indicating that the move accelerated across several timeframes. Trading volume reached $130.2 million, close to the $151.2 million market capitalization (current price times circulating supply), which shows intense trading activity but not how many participants were involved. Despite the rebound, the current price remains about 98.6% below the all-time high of $1.66, illustrating the token's history of severe volatility. Because 65.99% of maximum supply is circulating and the token-release schedule is unavailable in this data coverage, the price increase alone does not prove that demand is durable.
The Fear & Greed Index stands at 69, labeled Greed, down from 73 seven days earlier; sentiment is still optimistic but has cooled slightly, increasing uncertainty after Wormhole's rapid advance. A robust 90-day comparison for this sentiment measure is not available. The Federal Funds Rate has risen from 3.63% to 3.75%, while annual inflation has increased from 3.54% to 3.71%, creating a less supportive environment for speculative assets. The U.S. Dollar Index eased from 121.8 to 121.4, while the circulating supply of the tracked top stablecoins stands at $268.2 billion after a neutral-to-soft 0.2% weekly decline; this is a liquidity snapshot rather than a Wormhole price signal. No current regulatory headline is available to assess, so regulation is not a defined driver in this snapshot.
The picture is balanced rather than clearly one-sided. Strong price momentum, active development and substantial tracked capital are offset by concentrated token balances, contract-control uncertainty, future dilution risk and a challenging macroeconomic setting.
The token has advanced 57.0% in seven days and 133.7% in 30 days alongside $130.2 million in trading volume and Greed-level market sentiment. These figures show strong activity and momentum, but price and volume alone cannot establish a single lasting catalyst.
The main strengths are ongoing code development, open-source software, a clear cross-chain function and $1.7 billion in tracked locked or backed capital. The main risks are the 54.92% concentration among the ten largest addresses, upgradeable contract logic, unresolved control settings, non-circulating supply and elevated market optimism.
Market sentiment as a contrarian reality check for this analysis.
Balanced sentiment
Sentiment is balanced. In this zone, coin-specific fundamentals and on-chain data usually matter more than macro mood alone.
Historical BTC performance
When the index sat between 40 and 59, BTC historically moved an average of +3.0% after 30 days and +9.0% after 90 days.
Current
48
out of 100
Neutral
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$0.012389
24h
+6.26%
7d
-3.79%
30d
-15.26%
66.0% of the max supply is circulating