Worldcoin price is up more than 40% since late May after whale activity and network growth surged to 2026 highs, strengthening the case for a move towards the next major resistance area near $0.65.
summary
- Worldcoin has risen more than 40% since late May as whale transactions, active addresses, and new wallet creation soar to 2026 highs.
- A breakout from a multi-month descending triangle pushed WLD above $0.54 and put the $0.65 resistance area in focus.
- Growing global application activity and renewed interest in AI-related tokens have supported demand despite weakness in the broader cryptocurrency market.
According to data from crypto.news, Worldcoin (WLD) was trading near $0.53 at press time on June 4 after rising from roughly $0.33 just days earlier. The progress coincided with a sharp increase in whale transactions worth more than $100,000, along with a jump in active addresses and the creation of new wallets across the network.
Big holders are starting to pile up as WLD emerges from a long period of consolidation that has restricted prices for much of the year.
saint Data Daily whale transactions were shown to reach their highest level in 2026, while active addresses rose above 1,300. The growth of new addresses also accelerated, indicating that participation was expanding beyond their current holders.
Network activity received an additional boost from the integration of Oku Trade into the global app. This feature offered weekly rewards of up to 100 WLD to users participating in token swaps through a leaderboard system, creating new demand for transactions within the ecosystem.
Interest in the project’s AI-related narrative also remained strong. With OpenAI CEO Sam Altman closely associated with Worldcoin, traders have increasingly approached WLD as an alternative to the intersection between AI and cryptocurrencies, especially as AI-related tokens regain traction across the market.
Whale activity and network growth are supporting this rise
Worldcoin’s gains emerged against a difficult backdrop for digital assets. On June 2, the total cryptocurrency market lost more than $40 billion in value like Bitcoin (Bitcoin) towards the $70,000 area, yet WLD continued to advance while many large-cap assets declined.
Capital turnover appears to have played a role. Instead of exiting cryptocurrencies entirely, traders have turned to cryptocurrencies supported by active ecosystem developments and improving on-chain metrics. Worldcoin benefited from both trends as whale accumulation tightened available supply while network usage expanded.
Commenting on the move, cryptocurrency analyst Bitcoin Meraklisi highlighted a major technical breach that was revealed months after the merger.
“Down channel broken. First target reached. Retested.”
The analyst chart showed WLD breaking above the descending channel that had contained the price action since September before successfully retesting the breakout zone.
The technical setup puts $0.65 within reach
On the daily chart, Worldcoin broke through the upper trend line of a descending triangle pattern that has restricted price action for several months. The breakout followed a long-term base formation near the $0.24 support zone and sparked one of the strongest daily rallies for the token this year, lifting WLD above $0.54.
Trading activity expanded significantly during the breakout. Previous market data showed daily trading volume rising more than 130% as buyers pushed WLD above the 20-day and 50-day EMAs, fueling bullish momentum.
The measured move derived from the height of the triangle places the next major target between $0.65 and $0.70. From the current price near $0.54, a move to $0.65 would represent an upside of roughly 20%. A break above that area could open the door to a retest of the January highs near $0.75.
Momentum indicators remain strongly bullish. The MACD indicator has produced a new bullish crossover as the histogram continues to expand above the zero line. At the same time, the Supertrend indicator turned positive near $0.27, confirming the shift in market structure after months of sustained selling pressure.
Traders will be watching the breakout zone around $0.45 as the first major support area. Staying above this level would keep the bullish structure intact and maintain the path towards the $0.65 target. A pullback below $0.45 could expose the next support levels near $0.38 and $0.32, where buyers previously intervened during the consolidation phase.
With whale transactions, active addresses, and new wallet creation reaching yearly highs, Worldcoin’s on-chain backdrop remains much stronger than during previous spikes. As long as these trends continue and buyers defend the breakout level, the technical setup continues to favor a test of the $0.65 area in the coming sessions.
Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only.
