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While many cryptocurrencies experienced a downturn, AMBCrypto looks at others with gains.

The W token debuted last week with an impressive $3 billion market cap.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $71,000 level on Tuesday. Ethereum (CRYPTO: ETH) also edged lower, but remained above the key $3,600 mark this morning.

Cryptocurrency prices drifted upwards during the weekend as the Grayscale Bitcoin Trust (GBTC) liquidations continued. They also retreated after the federal government transferred $2 billion worth of Silk Road coins to Coinbase. Bitcoin retreated to a low of $65,000 while the market cap of all coins dropped to $2.5 trillion.

In a bizarre turn of events, what was meant to be a routine airdrop by the cross-chain Wormhole protocol has spiralled into chaos with the unintended inclusion of an exploiter behind a million-dollar Ethereum theft from the protocol about two years ago.

Solana is the biggest loser in the top 10 coins amid network issues, but tokens running on the network are falling harder.

Bitcoin (CRYPTO: BTC) moved lower, but the cryptocurrency prices remained above the key $66,000 level on Friday. Ethereum (CRYPTO: ETH) also recorded losses, falling below the key $3,300 mark this morning.

The Wormhole airdrop has attracted significant attention, leading to a surge in activity on the Solana network.

TL;DR Wormhole, Ethena, and Waves are in the spotlight as leading projects in the surge of digital tokens, according to Santiment. Wormhole experienced a massive increase in its popularity after its “Token Generation Event,” although the price of the W token has decreased since then.

The cryptocurrency market is known for its volatility, and recent trends surrounding three altcoins – Wormhole (WORM), Ethena (ETHENA), and Waves (WAVES)—perfectly exemplify this. This article dives into the contrasting situations these altcoins face, exploring the reasons behind Wormhole's price slump, Ethena's surge, and the uncertainty surrounding Waves' future.

Kamino Finance, DeFi platform on Solana, is paying crazy returns to liquidity providers of the W (Wormhole) token.

Wormhole , a project focused on multichain interoperability, made headlines with its recent “Wormhole Token Generation Event” on March 3. This event distributed a staggering 670 million tokens to nearly 400,000 eligible wallets, marking a significant milestone for the project's decentralization efforts.

The crypto market is never short of activity, and currently, Wormhole, Ethena Labs, and Waves are the names taking the spotlight.

The Solana DeFi application Kamino is offering a weekly yield of more than 999%, paid out in W and JTO tokens.

Wormhole and Ethena Labs' recent multi-million token airdrops have been trending on social, according to Santiment's social dashboard.

Presently, the value of W has settled at $1.31, reflecting a notable decrease of 20% within the day. Let's take a look at this Wormhole airdrop article

Wormhole began its airdrop Wednesday and the W token hit $1.66 before dropping. More than 400,000 wallets can claim the Solana token.

Cross-chain messaging protocol Wormhole has unveiled a roadmap for the W token, which will first debut on the Solana network. In a blog post on Apr.