Wormhole

24h change: -2.78%. From $0.0129 to $0.0125.

• Solana-based trading platform Drift suffered a $270-280 million exploit on April 1, marking one of the largest DeFi hacks this year. Attackers drained user deposits and routed funds through Wormhole bridge, NEAR, Backpack, and Tornado Cash. Wormhole stated its users face no risk, and bridging continues with possible delays. The incident underscores persistent social engineering threats in crypto.

24h change: -0.56%. From $0.013 to $0.013.

• Wormhole executed its largest token unlock on April 3, 2026, releasing 1.3 billion W tokens or about 28 percent of total supply. This boosts circulating supply and may create short-term selling pressure. Unlocks like this highlight the importance of vesting schedules in crypto projects.
• Wormhole introduced a strategic reserve for its W token, funded by protocol revenue. This aims to support ecosystem growth and staking yields. It follows revised tokenomics to enhance long-term sustainability.
• Ripple partnered with Wormhole to bring its RLUSD stablecoin to Ethereum Layer 2 chains like Base and Optimism. This enhances cross-chain stablecoin liquidity. It demonstrates Wormhole's role in multichain infrastructure.

24h change: -5.76%. From $0.0138 to $0.0131.

• Wormhole addressed concerns from the $285 million Drift Protocol exploit on Solana by confirming user assets are safe. Some outbound Solana transfers face delays from a built-in security mechanism. The protocol continues normal bridging operations.
• Wormhole executed a 1.28 billion token unlock on April 3, boosting circulating supply. An additional 50 million tokens unlock on April 17 for contributors and ecosystem. These releases impact tokenomics and market dynamics.
• Ripple partnered with Wormhole to bring its RLUSD stablecoin to Ethereum Layer 2 chains like Base and Optimism. This uses Wormhole's token transfer standard for multichain deployment. The move supports institutional stablecoin adoption across chains.

24h change: +1.98%. From $0.0142 to $0.0145.

• Wormhole faces a scheduled cliff unlock of about 1.28 billion W tokens on April 3, 2026, equivalent to 28% of current circulating supply. This event stems from vesting schedules and could influence token availability in the market. Traders are watching for supply impact and price responses around the date

24h change: -2.61%. From $0.0146 to $0.0142.

• Wormhole schedules the unlock of 1.28 billion W tokens on April 3, 2026. This equals around 28 percent of the current 5.6 billion circulating supply as part of a vesting plan through 2028. Market participants watch these unlocks for their effect on supply and trading.