TWT's Rise Driven by CZ's Endorsement and Binance's Ecosystem Push

Trust Wallet Token (TWT) has experienced a dramatic price surge, breaking through the $1.26 level and recording nearly a 60% increase in the past hour. This sharp rise follows a broader market rally in crypto assets and reflects renewed interest in TWT’s utility within the Trust Wallet ecosystem. Trust Wallet, a leading decentralized cryptocurrency wallet with over 210 million users, is now centralizing TWT as a key component of its expanding roadmap to onboard the next billion users into the Web3 space. The token, which operates on the BNB Smart Chain (BEP20), has been gaining traction due to its integration into core features like staking, governance, and access to exclusive project airdrops.

The recent price spike follows a recommendation from Binance CEO Changpeng Zhao (CZ), who has consistently advocated for self-custody solutions in the wake of recent centralized exchange failures. After CZ tweeted his endorsement of Trust Wallet, TWT saw a significant increase in volume and social engagement. According to Santiment data, the token’s 24-hour trading volume surged to $687.38 million, and its social dominance index rose to 0.809% within 24 hours of the tweet. This momentum has continued into the current rally, with TWT’s price reaching new heights just days after CZ’s initial post.

Trust Wallet’s strategic roadmap, unveiled in late 2024, outlines a vision to position TWT at the center of its growth strategy. The token is set to power key features such as gas discounts, advanced trading tools, and participation in early-stage crypto projects via the Trust Alpha platform. The wallet’s CEO, Eowyn Chen, emphasized that TWT serves as the "fuel" for the Trust Wallet ecosystem, driving adoption and utility in a flywheel model where increased usage enhances the token’s value. TWT is also being integrated into a new Launchpool feature, where users can stake the token to earn rewards from emerging projects.

The broader cryptocurrency market has contributed to TWT’s upward trajectory. As of early 2025, Solana’s stablecoin market has exceeded $100 billion in total value locked, and meme coins like Bonk and Dogecoin have gained traction, reflecting a renewed interest in speculative and high-utility tokens. While TWT does not fall into the meme category, its increasing utility and strategic alignment with Binance’s ecosystem have made it a compelling asset for investors seeking exposure to the next wave of crypto innovation.

Technical indicators also suggest a favorable short-term outlook for TWT. The 20-day Exponential Moving Average (EMA) remains above the 50-day EMA, signaling bullish momentum. However, the longer-term outlook may present challenges, as the 200-day EMA remains below the 50-day EMA, indicating potential for a reversal if the upward trend continues unchecked. Analysts and traders are closely watching key resistance levels and volume patterns to gauge whether TWT can maintain its recent gains.

Looking ahead, Trust Wallet’s roadmap aims to leverage TWT’s expanding role in everyday finance, advanced trading, and community-driven governance. The company plans to introduce gas-free transactions, enhanced security features, and seamless cross-chain interoperability. As part of Binance’s ecosystem, Trust Wallet is also exploring partnerships and integrations that could further amplify TWT’s utility and adoption. These developments position TWT as a critical asset in the ongoing evolution of self-custody solutions and decentralized finance (DeFi) platforms.