- Whale wallets added 310,000 WLD, boosting bullish momentum.
- Worldcoin adoption surges with 456,000 new World App users in a week.
- Key resistance at $1.40 could open the path toward $1.50–$2.00.
Worldcoin (WLD) jumped 22% over the past 24 hours, pushing the token above $1.20 and putting traders on alert for further upside. The sharp rally is one of the strongest moves since April and has renewed speculation that WLD may challenge key resistance levels soon.
Trading volume also climbed above $1 billion, more than tripling from earlier in the week. That surge in volume suggests renewed interest from both speculative traders and long-term holders, and it reinforces the idea that the move is backed by genuine market participation rather than isolated spikes.
Whales step back in
Large investors appear to be driving much of the recent momentum. On-chain data from Santiment shows that whale wallets accumulated about 310,000 WLD in the last 24 hours, increasing large-holder balances by roughly 4.5%. Significant accumulation by whales often precedes increased retail interest and can create sustained upward pressure on price.
This renewed whale activity coincided with Worldcoin’s announcement of its Anonymised Multi-Party Computation initiative, designed to enhance the biometric verification framework with improved privacy safeguards and quantum-resistant features. The initiative aims to address major privacy concerns that have dogged the project and may be encouraging institutional and high-net-worth investors to re-enter the market.
Worldcoin adoption numbers are promising
The rally is supported by encouraging adoption metrics, not just speculative buying. Over the past week, more than 238,000 people verified their identities on the Worldcoin network, while the World App onboarded 456,000 new users, taking total app users to nearly 34 million. Network activity remains robust: the chain processed about 15.7 million transactions in seven days, averaging roughly 2 million transactions per day.
🚨Worldcoin $WLD Adoption Update
• +238K new verified humans in 7 days ✅ steady onboarding pace holding strong
• World App users +456K fastest compounding metric now closing in on 34M
• +15.7M total transactions added in just 1 week, network activity accelerating
• Daily… pic.twitter.com/jETVBNu5FX
— SamAlτcoin.eth 🇺🇸 (@SamAltcoin_eth) September 6, 2025
These usage figures help counter the narrative that WLD’s price action is purely speculative. Additionally, recent partnerships with companies such as Razer and Match Group have elevated Worldcoin’s visibility, although regulators continue to scrutinize the project’s privacy practices and data handling.
WLD price outlook
Technically, WLD recently broke out of a falling wedge on the daily chart while a larger cup-and-handle formation has been developing since May—patterns traders often interpret as bullish continuation signals. The token has cleared the 38.2% Fibonacci retracement at $1.106; sustained closes above that level would likely put focus on the next target around $1.21, which corresponds to the 50% retracement level.
If WLD can maintain momentum through that zone, it would set up a larger test in the $1.40 to $1.50 range. Momentum indicators support the bullish case: the MACD has produced a fresh bullish crossover, and the RSI has risen to the mid-50s, indicating healthy buying pressure without signaling extreme overbought conditions yet.
A decisive breakout above $1.40 could clear the way for a run toward $2.04 in the weeks ahead, though that path depends on continued volume and positive market sentiment.
Risks remain
Despite bullish signals, several risks could limit upside. Circulating supply has risen by nearly 20% since May, introducing additional selling pressure that could cap gains. Spot trading volumes have also been volatile and have declined over the past month, even as derivatives open interest rose—an environment that can produce abrupt reversals if sentiment shifts.
Regulatory scrutiny remains a major overhang. Chinese authorities issued warnings over biometric data concerns, and European regulators are actively investigating privacy risks associated with Worldcoin’s data collection methods. New regulatory actions or negative findings could hinder adoption and weigh on investor sentiment despite constructive technical setups.
Traders and investors should weigh the bullish technicals and strong adoption metrics against the meaningful supply growth and regulatory uncertainty when assessing WLD’s medium-term outlook.