The Wormhole token moved up after the project announced a tokenomics change alongside the start of a W reserve. The measures aim to reduce price swings and encourage long-term holding across investors, validators, and network users.
Context and effect
The change included three basic measures. There was a Wormhole Reserve funded by protocol income, a 4% base income for long-term holders, and a shift in the release schedule from yearly to biweekly. The decisions try to create a cover against many sales while matching token supply with protocol usage.
The statement caused an initial price increase for the Wormhole token during a period when the crypto market had many price changes. The immediate report showed a big drop after the token first appeared, with the price falling from $1.66 to $0.54 in about ten trading periods. After that, the price moved between $0.06 and $0.10, showing the conflict between guessing interest and support measures.
In September 2025, the circulating supply was about 4,600,000,000 W, with the highest supply set at 10,000,000,000 W. The data show that the treasury and the release schedule are important for market trust. Biweekly releases try to reduce cliffs and potential mass sales, while the 4% income seeks to encourage long-term involvement and control. The response also warns of the continuing danger of pump-and-dump plans in crypto assets, and long-term viability will depend on real use within the Wormhole system—moving tokens between systems, taking part in DAO decisions, and more developer activity.
Effects
The change has practical effects on adoption and investment, with direct facts highlighted by Jina’s information.
- Circulating supply and cap: ~4,600,000,000 W are in circulation, and the highest is 10,000,000,000 W.
- Income for holding: 4% basic income to encourage holders.
- Release schedule: it moves from yearly to biweekly to make distribution smoother.
- Reserve funding: money comes from the protocol’s on-chain and off-chain income.
People will measure the W reserve and the new tokenomics by supply dynamics, the durability of the 4% income, and real usage of governance features. For now, the price fix after its start and the movement between $0.06 and $0.10 show that the market is still processing the change. As the consulted response states, the highest supply stays at 10,000,000,000 W, which sets limits on dilution and treasury plans. Related – Wormhole token goes up following tokenomics change, W reserve start.
