- Whale wallets added 310,000 WLD, boosting bullish momentum.
- Worldcoin adoption surged, with 456,000 new World App users added in one week.
- Key resistance at $1.40 could clear the way toward $1.50–$2.00.
Worldcoin (WLD) jumped 22% in the past 24 hours, pushing the token above $1.20 and prompting traders to watch for further upside.
The rally represents one of the strongest rebounds since April and has renewed speculation about whether WLD can break through important resistance levels.
Trading volume also spiked to over a billion dollars—more than double earlier in the week—suggesting renewed interest from both speculators and long-term holders.
Whales Lead the Charge
Large investors appear to be at the forefront of the move.
Data from Santiment shows whale wallets added roughly 310,000 WLD in the past 24 hours, increasing large-holder balances by about 4.5%.
Such accumulation often fuels subsequent retail demand and can create momentum that sustains a short-term rebound.
Notably, whales returned to the market just days after Worldcoin unveiled its anonymous multiparty computation (MPC) initiative designed to strengthen biometric verification with enhanced privacy and quantum resistance.
The announcement was widely welcomed as a step toward addressing one of the project’s biggest controversies and could attract significant capital to the token.
Encouraging Adoption Figures
WLD’s rebound isn’t driven by whales alone. Adoption metrics show steady growth, reinforcing a bullish case.
Over the past week, more than 238,000 new users verified their identities on the network, while World App added 456,000 users, bringing the total close to 34 million.
On-chain activity has remained robust. The project processed roughly 15.7 million transactions in just seven days, averaging about two 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
This level of usage helps counter claims that the token’s movement is purely speculative.
Recent partnerships with companies like Razer and Match Group have also raised the project’s profile, even as regulators continue to scrutinize the initiative.
WLD Price Outlook
WLD recently broke out of a descending wedge on the daily chart and has been forming a larger cup-and-handle pattern since May—patterns typically interpreted as bullish continuation signals.
The token cleared the 38.2% Fibonacci retracement at $1.106; a daily close above that level puts the next target near $1.21.
That area aligns with the 50% retracement and could act as a springboard toward a larger test in the $1.40–$1.50 zone.
Momentum indicators support the move: the MACD shows a fresh bullish crossover and the RSI has climbed to 57, indicating healthy buying pressure without reaching extreme overbought conditions.
A decisive break above $1.40 could open space for a run toward $2.04 over the coming weeks.
Risks Remain
Despite constructive technicals, several risks persist.
Circulating supply has risen by nearly 20% since May, adding steady sell-side pressure that could cap gains.
Spot trading volumes have been volatile. Although open interest in derivatives increased, it has still declined significantly over the past month—this combination can fuel abrupt reversals.
Regulatory risk is also front and center. Chinese authorities issued warnings in August over biometric data concerns, and European regulators continue to probe privacy implications.
New regulatory pressure could slow adoption and dampen investor sentiment, even if the charts remain constructive.