Why is Worldcoin (WLD) Skyrocketing 130% Today? Treasury Strategy Sparks Massive Rally

Worldcoin (WLD) is on fire this week. In just seven days, the token has doubled in value and is approaching 50% in the past day. According to CoinMarketCap, WLD’s market cap has skyrocketed to $3.66 billion, positioning it as the 33rd largest cryptocurrency right now. So, why is Worldcoin rallying 100% in a week?

3 Reasons Why Worldcoin (WLD) Price is Soaring Over 130%

Worldcoin (WLD) has been increasing in value by double digits, with 24-hour trading volume skyrocketing by around 277%. Let’s discuss the reasons why this is happening.

1. Institutional Momentum: $250M Treasury Strategy

The primary driver for Worldcoin’s climbing in value came on September 8 when Eightco Holdings announced a $250 million private placement. This was for the NASDAQ-listed Eightco Holdings to launch the first Worldcoin treasury. The deal included a $20 million investment from BitMine. That is not all. Dan Ives, a popular analyst, was appointed chairman of Eightco’s board.

This matters a lot, since treasury strategies aim to lock up tokens, reducing supply, and pushing prices up. It also demonstrates that Worldcoin is gaining attention from institutions as a foundation for AI-driven identity verification. The crypto community will be following closely to see how fast the treasury plan is executed.

2. Worldcoin (WLD) Technical Breakout Adds Fuel

Technical charts show that WLD has made a breakout by clearing a major resistance around $1.77. Surging into new territory, it triggered a wave of momentum trading. Although the RSI at 90.46 signaled overbought earlier, the MACD indicator signaled bullishness in the market.

This means that short-term traders are chasing the rally, pausing at a risk of a pullback, should the price drop under key levels. However, for now, the bulls reign the day. At the time of writing, the AI crypto coin is trading at around $2.02.

3. Adoption is Growing Fast

Beyond the price action, WLD is steadily building its network. According to the Eightco Holdings press release, currently, the AI project boasts of over verified Proof-of-Human accounts across more than 45 countries. By strengthening its partnership with companies like Match Group (Tinder) and Razer, Worldcoin is expanding its real-world use cases (utility). This gives the token more credibility beyond hype,

Despite these developments, adoption risks remain, as regulatory scrutiny intensifies. The project has faced pushback in China recently due to concerns about its use of biometric data.

Final Thoughts

Worldcoin (W9L) price surge to over 100% can be attributed to a mix of various factors. This includes rapid adoption, bullish technicals, and new institutional backing. The current momentum will be sustained depending on how the treasury strategy is rolled out. The reaction of regulators to the project’s identity vision also matters. For now, WLD and its enthusiasts are enjoying the moment.