Worldcoin’s layer-2 upgrade pushes TVL to $50 mln – Now, what about WLD?
The post Worldcoin’s layer-2 upgrade pushes TVL to $50 mln – Now, what about WLD? appeared on BitcoinEthereumNews.com. USDC Circle’s Stablecoin Network expanded into the World Chain, as WLD’s TVL increased to nearly $50M. The price was struggling to stay above $1 after breaking below a support trendline, but can WLD stay above this key zone? Following the upgrade of Worldcoin [WLD] to a Layer-2 blockchain on Ethereum [ETH] mainnet, the chain slowly started to gain momentum. That said, what will be the impact of this development on multiple fronts of the altcoin? World Chain expansion and TVL The issuer of USDC, Circle, brought its stablecoin rails and CCTP V2 to the Layer-2 scaling solution based on the Worldcoin ecosystem. That integration will mean USDC can be used on World Chain as a native token. This might facilitate liquidity and transferring stable-value more easily between dApps running on the chain. Meanwhile, Worldcoin’s Total Value Locked (TVL) rose sharply from $3 million in early May to nearly $50 million by June. The increase showed stronger usage or investment into the protocol, likely supported by stablecoin integration and broader ecosystem participation. Source: DefiLlama Additionally, WLD’s DEX volume saw a huge spike since the start of June. As long as the token remains in the center of the governance or staking models, a rise in TVL could provide medium-term price support; otherwise, the impact could be minimal. WLD price analysis and prediction AMBCrypto’s analysis revealed that WLD failed to stay strong above $1.00, as it broke its rising trendline that had provided a solid support since April. Trading at $1.094 at press time, WLD’s structure showed it was weak, and bears were in charge unless a powerful rebound took place to regain the trendline. In the event that $1 could not hold, the next major support area would be around $0.785. This price could become a key demand area, based on…
The post Worldcoin’s layer-2 upgrade pushes TVL to $50 mln – Now, what about WLD? appeared on BitcoinEthereumNews.com.
USDC Circle’s Stablecoin Network expanded into the World Chain, as WLD’s TVL increased to nearly $50M. The price was struggling to stay above $1 after breaking below a support trendline, but can WLD stay above this key zone? Following the upgrade of Worldcoin [WLD] to a Layer-2 blockchain on Ethereum [ETH] mainnet, the chain slowly started to gain momentum. That said, what will be the impact of this development on multiple fronts of the altcoin? World Chain expansion and TVL The issuer of USDC, Circle, brought its stablecoin rails and CCTP V2 to the Layer-2 scaling solution based on the Worldcoin ecosystem. That integration will mean USDC can be used on World Chain as a native token. This might facilitate liquidity and transferring stable-value more easily between dApps running on the chain. Meanwhile, Worldcoin’s Total Value Locked (TVL) rose sharply from $3 million in early May to nearly $50 million by June. The increase showed stronger usage or investment into the protocol, likely supported by stablecoin integration and broader ecosystem participation. Source: DefiLlama Additionally, WLD’s DEX volume saw a huge spike since the start of June. As long as the token remains in the center of the governance or staking models, a rise in TVL could provide medium-term price support; otherwise, the impact could be minimal. WLD price analysis and prediction AMBCrypto’s analysis revealed that WLD failed to stay strong above $1.00, as it broke its rising trendline that had provided a solid support since April. Trading at $1.094 at press time, WLD’s structure showed it was weak, and bears were in charge unless a powerful rebound took place to regain the trendline. In the event that $1 could not hold, the next major support area would be around $0.785. This price could become a key demand area, based on…
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