↓ Strong Adoption and Further Potential for Wormhole Despite Price Downtrend
Wormhole , a project that allows for cross-chain interaction between diverse tokens, has seen considerable adoption and intriguing potential-use...
There's been a flurry of activity involving the Wormhole protocol. Recently, Tenstorrent introduced Wormhole AI processors, costing $12,000 and above, utilizing RISC-V architecture. The Koyeb Cloud now offers access to Wormhole instances with the Illuminate reportedly using a wormhole to shift across the purpose of Helldivers 2. Through Wormhole, Powerledger has allowed POWR token exchanges between Ethereum and Solana.
In a historical collaboration, Elon Musk's The Boring Company will build a transport tunnel in Dubai, ultimately aiming to transport 20,000 people every hour. Meanwhile, BlackRock and Securitize applied the Wormhole for cross-chain transfers of tokenized assets, potentially opening broad applications for Wormhole within the financial landscape.
Wormhole's price touched a historic low recently, affecting 96% of its holders adversely. Yet, the price seems to be gaining momentum, pointing to a possible breakout. To boost investor confidence, Wormhole launches a staking rewards program for its token holders. Recent studies also delved into the physics of wormholes and their potential use in time travel or altering reality.
Wormhole News Analytics from Thu, 28 Mar 2024 07:00:00 GMT to Mon, 03 Mar 2025 18:47:53 GMT - Rating 2 - Innovation 7 - Information 6 - Rumor 5
