The price of Worldcoin has risen more than 40% since late May after whale activity and network growth rose to the highest levels of 2026, strengthening the case for a move to the next major resistance area near $0.65.
Summary
- Worldcoin is up more than 40% since late May as whale transactions, active addresses, and new wallet creations have risen to 2026 highs.
- A breakout from the multi-month descending triangle pushed WLD above $0.54 and brought the $0.65 resistance area to its focus.
- Growing App World activity and renewed interest in AI-related tokens supported demand despite weakness in the rest of the crypto market.
According to data from crypto.news, Worldcoin (WLD) traded near $0.53 at press time on June 4 after rallying from around $0.33 a few days earlier. This early coincided with a significant increase in the sale of whales worth more than $100,000, accompanied by a jump in active addresses and the creation of new wallets throughout the network.
Major holders are starting to accumulate as WLD emerges from a long period of consolidation that has kept prices down for most of the year.
Sentiment data showed daily whale transactions reaching their highest level in 2026, while active addresses increased by more than 1,300. The growth of new addresses has also accelerated, suggesting that participation is expanding beyond existing owners.
Network activity has received a further boost from the integration of Oku Trade into the global application. The feature introduced weekly rewards of up to 100 WLD to users who participate in exchanging tokens through a leaderboard system, creating a new demand for transactions within the ecosystem.
Interest in the project’s AI-linked narrative also remains strong. With OpenAI CEO Sam Altman closely associated with Worldcoin, traders have increasingly treated WLD as a representative of the intersection between artificial intelligence and crypto, especially as AI-related tokens gain traction across the market.
Whale activity and network growth support the convention
Worldcoin’s gains have stood out against a difficult backdrop for digital assets. On June 2, the overall cryptocurrency market lost more than $40 billion in value as Bitcoin (BTC) fell to the $70,000 region, yet WLD continued to advance while many major assets fell.
Capital rotation seems to have played a role. Instead of completely exiting crypto, merchants have switched to tokens supported by the development of an active ecosystem and improving on-chain metrics. Worldcoin has benefited from both trends as whale accumulation tightens available supply while network usage expands.
Commenting on the move, crypto analyst Bitcoin Meraklisi highlighted a major technical breakout that took place months after the consolidation.
“Descent channel broken. First target reached. Retest completed.”
The analyst’s chart showed WLD breaking above the descending channel that has contained price action since September before retesting the breakout zone.
The technical setup puts $0.65 within reach
On the daily chart, Worldcoin has broken above the upper line of the descending triangle pattern that has been holding back the price action for several months. The breakout followed a long base formation near the $0.24 support area and sparked one of the token’s strongest daily advances this year, lifting WLD above $0.54.
Trading activity has expanded significantly during the exit period. Previous market data showed daily volume rising over 130% as buyers pushed WLD above the 20-day and 50-day moving averages, reinforcing bullish momentum.
A measured move based on the height of the triangle sets the next major target between $0.65 and $0.70. From the current price close to $0.54, a move to $0.65 would represent about a 20% increase. A break above that area could open the door to a retest of the January highs near $0.75.
Momentum indicators remain strong. The MACD produced a new bullish crossover while the histogram continued to grow above the zero line. At the same time, the Supertrend index changed well near $ 0.27, confirming the change in the structure of the market after months of continuous selling pressure.
Traders will be watching the exit around $0.45 as the first key support point. A hold above that level will keep the bullish structure strong and keep the path towards the $0.65 target. A pullback below $0.45 could reveal the next support levels near $0.38 and $0.32, where buyers previously entered during the consolidation phase.
With whale transactions, active addresses, and new wallet creations all reaching annual highs, Worldcoin’s back on the chain remains stronger than in previous protests. As long as those trends continue and buyers protect the exit level, the technical setup continues to allow for a test of the $0.65 area in the coming sessions.
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.
