Could Sam Altman's World Chain's Ethereum L2 Upgrade Push WLD Price to $10?

World Chain's Ethereum L2 upgrade ignites WLD price optimism. Credit: World Chain

Friday, November 1, 2024 2:24 PM UTC

Secure and inexpensive cross-chain transactions are now possible thanks to Across's integration into the network, according to a World official announcement from November 1. With this connection, World Chain can join the wider Ethereum L2 ecosystem from the very beginning, as stated in the announcement.

Users from all across the world are drawn to the integration because it provides two important capabilities to the layer 2 network.

Developers Gain Enhanced Cross-Chain Capabilities

As a first step, network developers can create robust cross-chain apps that are natively interoperable. Sam Altman's ecosystem also allows users to easily transfer Ethereum, wETH, USDC, and wBTC from other chains.

In addition, the AI-crypto network is now compatible with ERC-7683, a swapping standard that was created in collaboration between Across and Uniswap. Market observers have been keeping an eye on the AI coin's price movements, and interesting conversations have ensued since the announcement about the coin's crypto voyage.

WLD Price Volatility Amid Market Speculation

The price of WLD fell almost 2% intraday and is now trading at $1.93 as of the reporting time. The low point for the coin during the last 24 hours was $1.85, while the maximum point was $1.99.

Worldcoin saw increases of 15% on the monthly time frame chart, highlighting the potential for growth for the AI cryptocurrency. At the same time, market observers are still hopeful about the future due to the aforementioned World Chain development, Coingape points out.

Reaching $10? Analysts Remain Cautiously Optimistic

But with the way things are going, a $10 price goal is still quite optimistic. Concerns over the $10 price objective have been sown by Coinglass data, which showed a 4% decline in the coin’s futures OI to $214.60 million.