Wormhole (W) price breaks through 0.1 USDT, up 16.6% in 24 hours

Possibly influenced by the news that Wormhole released its W Token 2.0 upgrade, with revenue contributions going toward the W Reserve, OKX market data shows the price of W rising above 0.1 USDT to 0.1035 USDT, a 24-hour increase of 16.6%. Wormhole previously announced the W Token 2.0 upgrade plan, introducing three key changes: the establishment of the Wormhole Reserve strategic reserve pool, a 4% target base yield, and an optimized token unlocking mechanism from annual to biweekly. Revenue will come from a combination of the existing token supply and protocol revenue. Furthermore, W will not introduce inflation. Regarding unlocking, starting October 3, 2025, the frequency of W will be shifted from annual, with significant fluctuations, to biweekly, providing a smoother and more predictable release. The new plan, which will take effect on October 3, aims to enhance ecosystem value accumulation and token market stability.