PANews reported on November 26th that, according to SoSoValue data, most crypto markets rose, with the AI sector up 1.98% in the last 24 hours. Bittensor (TAO) rose 7.29%, and KAITO (KAITO) rose 12.53%. Meanwhile, the SocialFi sector rose 1.98%, with Toncoin (TON) rising 2.96% within the sector. Additionally, Bitcoin (BTC) rose 0.04%, breaking through $88,000; Ethereum (ETH) rose 1.24%, approaching $3,000. Other sectors that performed well include: DeFi, up 1.69% in the last 24 hours, with Ethena (ENA) up 10.28%; Meme, up 1.44%, with SPX6900 (SPX) up 13.55%; Layer 1, up 0.69%, with Kaspa (KAS) up 12.73%; and CeFi, up 0.27%, with NEXO (NEXO) up 2.32%. In other sectors, the Layer 2 sector fell 1.20%, while zkSync (ZK) bucked the trend and rose 6.10%; the PayFi sector fell 2.12%, but Dash (DASH) rose 2.40%.PANews reported on November 26th that, according to SoSoValue data, most crypto markets rose, with the AI sector up 1.98% in the last 24 hours. Bittensor (TAO) rose 7.29%, and KAITO (KAITO) rose 12.53%. Meanwhile, the SocialFi sector rose 1.98%, with Toncoin (TON) rising 2.96% within the sector. Additionally, Bitcoin (BTC) rose 0.04%, breaking through $88,000; Ethereum (ETH) rose 1.24%, approaching $3,000. Other sectors that performed well include: DeFi, up 1.69% in the last 24 hours, with Ethena (ENA) up 10.28%; Meme, up 1.44%, with SPX6900 (SPX) up 13.55%; Layer 1, up 0.69%, with Kaspa (KAS) up 12.73%; and CeFi, up 0.27%, with NEXO (NEXO) up 2.32%. In other sectors, the Layer 2 sector fell 1.20%, while zkSync (ZK) bucked the trend and rose 6.10%; the PayFi sector fell 2.12%, but Dash (DASH) rose 2.40%.

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more