Worldcoin price has surged over 40% since late May after whale activity and network growth climbed to their highest levels of 2026, strengthening the case for a move toward the next major resistance zone near $0.65.
Summary
- Worldcoin has surged more than 40% since late May as whale transactions, active addresses, and new wallet creation climbed to 2026 highs.
- A breakout from a multi-month descending triangle has pushed WLD above $0.54 and brought the $0.65 resistance zone into focus.
- Growing World App activity and renewed interest in AI-related tokens have supported demand despite weakness across the broader crypto market.
According to data from crypto.news, Worldcoin (WLD) traded near $0.53 at press time on June 4 after rallying from roughly $0.33 just days earlier. The advance coincided with a sharp increase in whale transactions worth more than $100,000, alongside a jump in active addresses and new wallet creation across the network.
Large holders began accumulating as WLD emerged from a prolonged consolidation period that had confined prices for much of the year.
Santiment data showed daily whale transactions reaching their highest level of 2026, while active addresses climbed above 1,300. New address growth also accelerated, suggesting participation was expanding beyond existing holders.
Network activity received an additional boost from the integration of Oku Trade into the World App. The feature introduced weekly rewards of up to 100 WLD for users participating in token swaps through a leaderboard system, creating fresh transactional demand within the ecosystem.
Interest in the project’s AI-linked narrative has also remained strong. With OpenAI chief executive Sam Altman closely associated with Worldcoin, traders have increasingly treated WLD as a proxy for the intersection between artificial intelligence and crypto, particularly as AI-related tokens regain momentum across the market.
Whale activity and network growth support the rally
Worldcoin’s gains have stood out against a difficult backdrop for digital assets. On June 2, the total cryptocurrency market lost more than $40 billion in value as Bitcoin (BTC) fell toward the $70,000 region, yet WLD continued advancing while many large-cap assets moved lower.
Capital rotation appears to have played a role. Rather than exiting crypto entirely, traders shifted into tokens backed by active ecosystem developments and improving on-chain metrics. Worldcoin benefited from both trends as whale accumulation tightened available supply while network usage expanded.
Commenting on the move, crypto analyst Bitcoin Meraklisi highlighted a major technical breakout that unfolded after months of consolidation.
“Descending channel broken. First target reached. Retest completed.”
The analyst’s chart showed WLD breaking above a descending channel that had contained price action since September before successfully retesting the breakout zone.
Technical setup places $0.65 within reach
On the daily chart, Worldcoin has broken above the upper trendline of a descending triangle pattern that had constrained price action for several months. The breakout followed a prolonged base formation near the $0.24 support zone and triggered one of the token’s strongest daily advances this year, lifting WLD above $0.54.
Trading activity expanded significantly during the breakout. Earlier market data showed daily volume surging more than 130% as buyers pushed WLD above its 20-day and 50-day exponential moving averages, reinforcing bullish momentum.
The measured move derived from the height of the triangle places the next major objective between $0.65 and $0.70. From the current price near $0.54, a move to $0.65 would represent roughly 20% upside. A breakout above that area could open the door to a retest of the January highs near $0.75.
Momentum indicators remain firmly bullish. The MACD has produced a fresh bullish crossover while the histogram continues to expand above the zero line. At the same time, the Supertrend indicator has flipped positive near $0.27, confirming a shift in market structure after months of persistent selling pressure.
Traders will be watching the breakout zone around $0.45 as the first key support area. Holding above that level would keep the bullish structure intact and maintain the path toward the $0.65 target. A move back below $0.45 could expose the next support levels near $0.38 and $0.32, where buyers previously stepped in during the consolidation phase.
With whale transactions, active addresses, and new wallet creation all reaching yearly highs, Worldcoin’s on-chain backdrop remains considerably stronger than it was during previous rallies. As long as those trends continue and buyers defend the breakout level, the technical setup continues to favor a test of the $0.65 area in the sessions ahead.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
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