🧬 Wormhole( $W ) — The Multi-Chain Highway for Institutions Wormhole has quietly evolved into the core interoperability layer for on-chain finance, powering data and token movement between 30+ blockchains — and now, some of the world’s biggest institutions. • Price: $0.061 | MC: $299M | FDV: $613M | TVL: $2.25B • Down –48% in 30d, but TVL remains strong → capital confidence intact • Bi-weekly unlocks: 141.6M W every four weeks → >5.1B tokens (51%) yet to hit circulation • Buyback model: protocol fees used to purchase W from the market, fueling staking yield • BlackRock, Apollo, Securitize use Wormhole rails for RWA tokenization, validating it as institutional-grade infra. • $225M raised from Coinbase Ventures, Multicoin, Jump — plus Google Cloud + AMD partnerships. • The upcoming ZK light-client roadmap transitions Wormhole from a trusted Guardian network (19 nodes) to a trust-minimized, verifiable layer — the biggest narrative unlock ahead. MC/FDV = 0.49 → supply overhang baked in. At ~4% staking yield and buybacks tied to protocol revenue, growth in cross-chain volume is the only way to offset inflation. Wormhole sits at the intersection of interoperability + institutional adoption — a proven product, now priced like a narrative in hibernation. If revenue transparency and the ZK upgrade land before emissions dominate, W could reprice violently higher. If not, unlock gravity wins. The rails are real. The question is whether demand arrives fast enough to outrun supply. @EdgenTech $ETH $W