Stable: STABLE tokens are now available for collection.

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve

The post Why Digitap ($TAP) is the Best Crypto Presale December Follow-Up appeared on BitcoinEthereumNews.com. Crypto Projects Hyperliquid’s HYPE has seen another disappointing week. The token struggled to hold the $30-$32 price range after 9.9M tokens were unlocked and added to the circulating supply. Many traders are now watching whether HYPE will reclaim the $35 area as support or break down further towards the high $20s. Unlike Hyperliquid, whose trading volume is shrinking, Digitap ($TAP), a rising crypto presale project, has already raised over $2 million in just weeks. This is all thanks to its live omnibank app that combines crypto and fiat tools in a single, seamless account. While popular altcoins stall, whales are channeling capital into early-stage opportunities. This shift is shaping discussions on the best altcoins to buy now in the current market dynamics. Hyperliquid Spot Trades Clustered Between the Low and Mid $30s HYPE price closed the week with an 11% loss. This is because a significant portion of its spot trades are clustered between the low and mid $30s. This leaves the token with a multi-billion-dollar fully diluted valuation on its daily trading volume. Source: CoinMarketCap Moreover, HYPE’s daily RSI is still stuck above $40s, while the short-term averages are continually dropping. This shows an indecisiveness, where the bears and the bulls don’t have clear control of the market. Additionally, roughly 2.6% of the circulating supply is in circulation. After unlocking 9.9M tokens, the Hyperliquid team spent over $600 million on buybacks. This amount often buys only a few million tokens a day. That steady demand is quite small compared to the 9.9 million tokens that were released. This has left the HYPE market with an oversupply. Many HYPE holders are now rotating capital into crypto presale projects, like Digitap, that offer immediate upside. HYPE Market Sentiments Shows Mixed Signals Traders are now projecting mixed sentiments for the token. Some…