Wormhole's native token, W, surged by more than 12% following the announcement of a partnership with Ripple, where their cross-chain protocol was integrated with XRPL mainnet and EVM Sidechain to connect to over 35 blockchains.
The integration strengthens XRPL's open and flexible infrastructure, allowing developers to transfer assets across supported chains and interact with smart contracts using cross-chain messaging.
Ripple and Wormhole's partnership aims to bolster XRPL's multichain interoperability, providing new options for developers and institutions in building cross-chain applications.
The market reacted positively to the news, with Wormhole's W token price jumping 12% to $0.068, reflecting enthusiasm for the integration and highlighting the importance of interoperability for blockchain adoption.