Market Capitalization Plummets by 30% following Initial Public Offering

The forthcoming multichain token is set to be launched on the Solana blockchain. The protocol’s plans indicate that W will play a crucial role as the foundation of the blockchain industry’s inaugural multichain governance system. Following this, in the subsequent phase of the project’s roadmap, the token will be extended to EVM chains that are synchronized with Wormhole. This process will be made possible through Wormhole Native Token Transfers (NTT), an innovative framework created to enable seamless token transfers across various blockchains.