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As the momentum of cross-chain increases, wormhole prices are expected to break through

Source: CoinWorld
Wormhole (W) is consolidating near key resistance levels, with analysts expecting it to break above $0.18 in September. The technical form of the token is in an upward triangle pattern, and the trading volume has increased significantly, indicating potential upward momentum. Recent progress includes the collaboration between Python Network and the U.S. Department of Commerce to bring verified economic data to the chain, thereby enhancing its credibility. Adoption of institutional investors is increasing, Grayscale adds Wormhole to its watchlist, Uniswap and Google Cloud support its fee conversion, and Ripple integrates Wormhole for XRP-EVM transfers. The Stargate acquisition, which exceeds $120 million, further consolidates its cross-chain dominance.
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