A widely followed crypto trader is predicting that two altcoins will rally to fresh all-time highs while updating his outlook on Bitcoin (BTC) and cross-chain protocol Wormhole (W).

Decentralized finance platform Infinex will leverage Wormhole's interoperability solution to bolster its multichain app. According to the latest announcement from Infinex, the integration of Wormhole (W) brings in-app token transfers to Infinex users.

Wormhole's Portal V2 upgrade enhances user experience with new transfer routes, faster transactions, and improved UI, facilitating seamless cross-chain asset transfers.

Wormhole's surge raised some breakout hopes, but key resistances and on-chain signals may have something to say.

Wormhole's Connect upgrade streamlines cross-chain asset transfers with enhanced functionality, reducing wait times and improving user experience.

With a minor recovery in Bitcoin after a crash from $65K to $60K amid global market corrections, the altcoins are rising again. Amidst the relief, some quick-to-react altcoins are teasing a price jump in a bull market ahead.

Wormhole (W) has surged by 40.8% over the past 24 hours, breaking through significant resistance levels and drawing attention from traders and investors alike. This dramatic rise, coupled with a substantial increase in open interest, indicates that confidence in the cryptocurrency is stronger than ever.

The Open Interest increased by nearly 50% to stand at $64.8 million in 24 hours, showing firm bullish conviction.

Wormhole (W) has seen a dramatic spike in trading volume, reaching $500 million following its debut on the major South Korean exchange Upbit. The listing came amid an unfavorable market condition that saw liquidated million in the last 24 hours.

It has been a brutal week for cryptocurrencies as most of them erased gains made last week when investors cheered the Federal Reserve interest rate cuts and the robust stimulus from Chna, the second-biggest economy worldwide.

A cross-chain protocol's altcoin is soaring after Korea's biggest crypto exchange announced support for trading. Messaging protocol Wormhole (W) shot up from a 24-hour low of $0.28 to a current value of $0.37, a more than 32% increase after crypto exchange Upbit announced support on the Solana (SOL) network. With a market cap of $959.

Despite Bitcoin's plunge below $63,000 due to Middle East tensions, W, CFX, and OM surged, bucking the broader market trend.

Wormhole's token went up by 20% after South Korean cryptocurrency exchange Upbit announced that the W token has been listed for trading on the KRW, BTC, and USDT markets.

Cryptocurrencies, stocks, and other risky assets received another catalyst on Friday, Sept. 27, after the U.S. government published encouraging inflation data.

Cryptocurrency Market Overview: The overall market capitalization of cryptocurrencies worldwide has increased by 1.75% in the last day to reach $2.3 trillion, indicating that the market is still on the rise. The 24-hour volume increased 31.14% due to increased trading activity, reaching $89.75 billion.

Securitize has partnered with Wormhole Foundation to enable cross-chain interoperability for all assets tokenized on its platform, according to a Sept. 20 announcement.

Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say.

Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain transfers for all tokenized assets on its platform. The partnership aims to enhance liquidity and accessibility for tokenized assets while bridging traditional and decentralized finance systems.

Sky, a decentralized finance protocol rebranded from MakerDAO, is set to utilize Wormhole's technology to bring its native tokens to Solana, enhancing its multichain capabilities.

TL;DR Securitize partners with Wormhole to offer blockchain interoperability, increasing the flexibility and liquidity of tokenized assets. The integration will allow issuers and investors to manage and transfer assets seamlessly across different blockchain networks. The collaboration strengthens institutional adoption of digital assets and facilitates access to new opportunities in decentralized finance.

Sky, formerly known as MakerDAO, plans to launch its decentralized stablecoin, USDS, on Solana using the Wormhole interoperability protocol. Rune Christensen, Sky's founder, announced the move during the ongoing Solana Breakpoint conference on Sept.

Both current and future products from Securitize will benefit from the Wormhole partnership, enabling them to function across various protocols, including both private and public blockchains.

Securitize has integrated with Wormhole to bring cross-chain utilization and capabilities to assets tokenized via its platform. The Wormhole (W) token rose slightly amid the news, with W price reaching highs of $0.25. W price was up 5% in the past 24 hours and 17% in the past week. In an announcement on Sept.

Securitize integrates Wormhole for cross-chain tokenized asset transfers, enhancing liquidity and accessibility across blockchains. The post BlackRock tokenization partner taps Wormhole for cross-chain RWA transfers appeared first on Crypto Briefing.

BlackRock-backed Securitize partners with Wormhole for further developments in cross-chain tokenization.

Securitize has partnered with Wormhole to integrate cross-chain capabilities for all tokenized assets on its platform.

The OI-weighted funding rate was positive after a minor dip to negative territory on the 17th of September, showing bullish sentiment.

Blockchain interoperability protocol Wormhole has successfully paved the way for World IDs on the Solana blockchain. Solana builders and developers will have the capacity to integrate World ID on Solana-based protocols.

Worldcoin announced that the Wormhole interoperability platform has expanded its World ID feature to the Solana blockchain, according to a Sept. 13 statement.

Meanwhile, the SEC claimed that when it said "crypto asset securities" it never meant tokens were actually securities.

TL;DR Wormhole has integrated World ID with the Solana blockchain, allowing Solana developers to access identity verification features. World ID, which has been subject to audits due to its controversial nature, is used to confirm the authenticity and humanity of users, helping to identify real people.

Wormhole was one of 17 projects to receive a Worldcoin Wave 1 Community Grant.

Wormhole contributors have completed the work of making it possible to build Solana apps that integrate World IDs.

This is a significant move because it opens up new opportunities for developers on Solana, allowing them to use World ID's unique verification system. World ID is a special tool that helps prove whether someone is a real person.

Snax Chain, built on OP Stack, launches September 15th, integrating Wormhole for secure, decentralized Synthetix V3 governance and cross-chain messaging.

REZ's initial liquidity will be provided on Solana's major AMMS, and the token will be integrated with the blockchain's lending protocols.

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024.

Wormhole is a generic message-passing protocol that enables communication between blockchains such as Solana and Ethereum. It can be used for Cross-chain exchange Cross-chain governance Cross-chain game Wormhole is comprised of several noteworthy components.

The cryptocurrency market is experiencing a seismic shift, with Ethereum (ETH) leading a broader market downturn. As investors grapple with plummeting prices and increased volatility, two projects, Wormhole (W) and Algotech (ALGT), have emerged as unexpected beacons of stability.

Wormhole introduces the Native Token Transfers (NTT) framework, offering a flexible, open-source solution for transferring tokens across blockchains, ensuring security and composability.

Wormhole, a leading cross-chain platform, has announced plans for a major token unlock event. Set for August 3, 2024, this move will see 6% of W tokens released, bringing the total unlocked community tokens to 17%.

Another 6% of the W tokens will be locked up, thus leaving the issuance of the community at 17%.

As August approaches, notable token unlock events are expected to impact the market. BeInCrypto has highlighted the top five unlocks that could influence market dynamics.

Just months after Wormhole's airdrop in April, the cross-chain project will unlock a third of its token's circulating supply this month: 600 million tokens at a current value of about $180 million.

Explore the role of Guardians in Wormhole's cross-chain interoperability, ensuring secure and reliable blockchain transactions.

This development addresses the longstanding challenges associated with transferring USDT between different chains. It has often been slow, expensive, and reliant on wrapped tokens that introduce additional risks.

Wormhole introduces native USDT transfers on Ethereum, Arbitrum, Base, Optimism, Polygon, BNB Chain, and Avalanche, leveraging Uniswap v3 and PancakeSwap pools.