Wormhole (W) Price Surges: Breakout Unlocks Upside Path to $0.407

TLDR:

• Wormhole (W) price surged 19% in 24 hours to $0.08865, breaking out while the broader crypto market dropped 3%.
• W flipped the $0.085–$0.088 resistance zone into support, confirming a technical breakout with rising trading volume.
• Chart projections set price targets at $0.159, $0.260, and $0.407 if bullish momentum continues above current support.
• Institutional momentum from Hamilton Lane, Ripple XRPL EVM, and Grayscale added fuel to Wormhole’s rally.

The crypto market has been steady, but Wormhole’s W token is moving in the opposite direction. 

The token surged 19% in 24 hours, holding above a newly established support level. It is one of the few assets outpacing both weekly and monthly gains while broader markets slipped 3%. 

Institutional adoption and technical momentum are combining to keep attention fixed on Wormhole.

Wormhole (W) Price Breakout Shifts Resistance to Support

According to data from CoinGecko, Wormhole traded at $0.08865 with daily volume exceeding $510 million. 

The surge flipped the $0.085–$0.088 range from resistance into support. Chart analysis shows bullish continuation if the token holds these levels. Crypto Winkle, a market watcher, noted in a tweet that the breakout opened the door to higher targets.

$W just surged +17% in 24h!

Beating its 7D (+11.8%) & 30D (+9.0%) gains, while the broader market dipped -3%.

Why?
– Stargate Bid: Counteroffer to LayerZero’s $110M sparked speculation.
– Technical Breakout: Cleared $0.085–$0.088 zone, flipping resistance to support.
-… pic.twitter.com/b7VJrHUTdY

— Crypto Winkle (@CryptoWinkle) August 29, 2025

The first target sits around $0.159, representing a 63% climb from current prices. Further projections extend to $0.260 and even $0.407 if momentum sustains. 

Volume spikes confirmed the breakout, showing strong buyer activity. Analysts point out that whale concentration remains high, meaning price swings may intensify.

Traders see the pattern as a typical range consolidation followed by an upward thrust. The ability to keep support intact will determine whether the trend carries forward. 

Any break below $0.085 could put the rally at risk. However, for now, the structure leans bullish with higher highs in play.

Institutional Momentum Adds Fuel to W Price Growth

Institutional involvement has given Wormhole an extra push. 

The token recently saw integrations with Hamilton Lane, Ripple’s XRPL EVM, and was added to Grayscale’s watchlist. These moves boosted its credibility in the eyes of investors. The combination of infrastructure adoption and speculative flows has supported steady demand.

Crypto Winkle linked these developments to the latest rally, suggesting institutions are playing a role in keeping momentum alive. 

Traders view the integrations as a key step in Wormhole’s positioning within the cross-chain and real-world asset ecosystem. Such attention often brings liquidity and stability, though it may also attract larger holders capable of swaying prices quickly.

The ongoing developments in cross-chain interoperability continue to generate buzz. For now, the token has established itself as one of the few gaining ground in a market pullback.