The cryptocurrency landscape has once again spotlighted Worldcoin (WLD), as the token recently vaulted approximately 16.7% following a major milestone: surpassing one million active addresses. With trading volume spiking and on‑chain usage accelerating, the project is drawing fresh attention—so what’s driving this momentum, and could WLD be gearing up for a strong run toward the US $1+ range?
1. The Price Breakout
After holding support around the US $0.65 mark, WLD surged to approximately US $0.87, before a slight pullback to around US $0.82.
At the same time, trading volume exploded — a 136% increase, reaching roughly US $338 million, signalling that market participants are getting more active again.
Such a combination of price action + volume often suggests renewed interest and can herald broader trend changes.
2. On‑Chain Activity: Usage Rising
Here’s where the fundamentals of the network begin to show:
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The one‑million active address milestone reflects a 170% growth in active addresses over the past 12 months.
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Daily active users (DAU) have stabilized in the 60,000–90,000 range; at one point quoted at around 64,000, a 44.1% jump in three months.
These metrics suggest that WLD isn’t just being held—users are interacting, transacting, and engaging with the network. That level of activity is often viewed by analysts as a meaningful indicator for potential value creation.
3. Market Flows & Whale Activity
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On the spot markets: Although WLD’s net flow turned negative (‑US $2.18 million) in a day, the interpretation here is nuanced: negative net flow can imply that tokens are being withdrawn from exchanges — a sign that buyers may be accumulating off‑exchange.
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On futures markets: Whales remain active. Data show large sized orders entering over a sustained period, hinting at an accumulation mindset among major players.
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On perpetual contracts: According to data, buy‐contracts for WLD outnumber sell‐contracts. For instance, 7.77 million buy contracts vs. ~6.4 million sells in a 24‐hour snapshot.
When large holders lean bullish, it often increases speculative confidence in the asset.
4. Is This the Start of a Lasting Upswing?
All signs—rising usage, volume, whale interest—align in one direction: the bulls may be gaining control. One technical indicator mentioned is the “Sequential Pattern Strength” switching into positive territory (+2.3), which many traders interpret as a shift from sideways or bearish to bullish momentum.
Given this backdrop, a potential breakout target is cited at around US $1.00, with an ambitious stretch toward US $1.20 if momentum continues.
Conversely, if demand falters, a revisit to support around US $0.68 is possible.
In short: the upside case exists, but risk remains.
5. Why This Matters — Network Adoption Over Hype
What’s especially noteworthy is that this move isn’t purely price speculation—the underlying network usage is visibly increasing. In crypto markets, growing usage and adoption often precede or support sustainable value changes, rather than purely speculative spikes.
For WLD, the one million‑address mark is a psychological and operational milestone—it shows that the network is reaching critical mass at least in terms of user participation.
6. Considerations & Risks
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While one million addresses is positive, it doesn’t guarantee that all are highly active or valuable in net terms. Quality of engagement matters (not just quantity).
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Crypto markets remain highly volatile. Even strong fundamentals don’t protect against broader market drawdowns.
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External factors such as regulatory matters, macroeconomic headwinds, or network issues always pose risk.
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The referenced price targets (US $1.00, US $1.20) are speculative and depend on continued momentum—lack of follow‑through could negate much of the upside.
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Important: the original article reminds readers that information is not investment advice and that users should do their own research.
7. Final Thoughts
The recent surge of Worldcoin (WLD) is rooted in more than just short‑term hype—it’s underpinned by measurable growth in usage, volume, and participant engagement. If these metrics continue to rise, WLD could be in the early stages of a stronger uptrend.
However, as with all crypto assets, the upside is matched by risk. Investors considering WLD should keep a close eye on:
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Ongoing user growth and daily activity numbers
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Exchange flows (in/out) and large‐holder behavior
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Technical support/resistance levels (especially around US $0.68 on the downside and US $1.00+ on the upside)
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Broader market sentiment and regulatory developments
In conclusion: WLD has caught the market’s eye—and for good reason. Whether this is the beginning of a sustained move or simply a short‑term burst remains to be seen. But for those watching crypto networks where usage is rising, this is one project worth monitoring.
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