Wormhole crypto is a cross-chain bridge protocol and interoperability platform that enables communication and asset transfer between different blockchain networks. It has a native token, $W, which is used across the ecosystem for staking, DAO governance, and product access.

The Wormhole framework enables developers to create applications that can interact with multiple blockchains, facilitating cross-chain swaps, DeFi applications, and NFT marketplaces. It acts as a bridge, connecting isolated blockchain ecosystems and unlocking enhanced liquidity and functionality.

❗️@wormhole $W listed on @coinbase

Coinbase will add support for $W on the Solana network. pic.twitter.com/16ltCFiJyu

— Charged Ventures (@ChargedVentures) July 3, 2025

What Is Wormhole Crypto: More Than Just a Bridge?

While Wormhole is primarily known for its bridge product, which enables users to transfer digital assets across multiple blockchains, it offers a comprehensive suite of products, making it one of the largest Web3 firms on the market.

Wormhole features a settlement function that enables fast, multi-chain transfers for institutional-scale volumes, as well as chain abstraction for application developers.

Another growing product within the Wormhole crypto suite of tools is its Messaging platform, which enables developers to scale liquidity and user growth with its open-source, time-tested messaging protocol that prioritises security, decentralisation, and modularity.

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Aside from its infrastructure layer of products, Wormhole also has an application layer, including Connect and SDK. Connect is described as allowing native and wrapped token transfers to be directly integrated into a Web3 application in as few as three lines of code.

Their SDK tool allows developers to make their app or wallet multichain by utilizing Wormhole’s universal API script. When scratching beneath the surface of its Bridge product, Wormhole Crypto is a full-spectrum Web3 infrastructure and application company.

Wormhole’s $W Token Down Over 7% Today: Is It Undervalued?

The world's largest institutions want to access the entire onchain market, not just one chain.

On @FINTECHTVglobal, @RobinsonBurkey explains how @Wormhole provides the multichain infrastructure used by @Securitize to help institutions reach users across all of DeFi. pic.twitter.com/VnowNKIJ9B

— Wormhole (@wormhole) July 2, 2025

$W, the native token of the Wormhole ecosystem, is currently the 216th largest cryptocurrency by market cap, valued at around $320 million. It is down roughly 7% on the day, trading for $0.068, which is 95% down from its all-time high of $1.66, set back in April 2024.

Wormhole has been securing some notable institutional deals in recent months as it continues to expand its services to Web2 and Web3 forms, and the momentum is likely to accelerate from here.

Since the beginning of July, Wormhole has announced deals with the Bitcoin Layer-2 protocol Stacks, the decentralized wallet and exchange platform BackPack, and the multi-chain DeFi platform Mayan Finance, all within just three days.

Additionally, this month, Ripple Labs announced the integration of Wormhole for its XRP Ledger and its EVM-compatible sidechain, marking another significant collaboration.

This aggressive expansion by Wormhole crypto is making its $W token seem increasingly undervalued every day. $W is being exclusively used as a bridge by BlackRock’s multi-billion-dollar BUIDL fund and several other asset managers.

A recent Coinbase listing has opened up the W token to a fresh batch of liquidity and attention, another catalyst that could lead to a sizeable move to the upside soon.

BONUS: Snorter Bot (SNORT) Closes In On $1.4m ICO Funding – $2m Next?

Snorter Bot (SNORT) is a new cryptocurrency presale that has secured over $646,000 in ICO funding in just over one week since its launch. It is quickly gaining attention as one of the hottest projects on the market.

It is a Telegram-based trading bot that enables users to trade seamlessly in the Solana trenches from their mobile devices with just a few clicks. Snorter Bot offers market-leading fees of 0.85% for SNORT holders, which is better than both the current leading Telegram trading bots, Trojan, Maestro, Banana Gun, and BONKbot.

This trading bot comes straight out of the box with some of the fastest speeds of any Telegram trading tool, and coupled with its low fees, makes SNORT an instant competitor to the aforementioned Trojan and BONKbot.

The bot features built-in MEV protection, a cutting-edge sniper tool, and a copy trade function, enabling users to replicate the trades of their favorite wallets and influencers.

Although SNORT will initially only be available for Solana, the bot has built-in multichain capabilities, meaning it will likely be available on Base, Ethereum, and other notable chains soon.

SNORT appears to be one of the top cryptocurrencies to buy right now, and it seems poised to secure $2 million in presale funding in July. There are under 24 hours until the Snorter Bot presale moves onto its next price stage, at which point its current price of $0.0971 will come to an end.