Worldcoin (WLD) Gains Momentum: On-Chain Whales and User Growth Signal Undervaluation

Worldcoin (WLD) has emerged as one of 2025’s most compelling narratives, driven by a confluence of on-chain whale activity, surging user engagement, and institutional validation. After a 70% price rally in July, the token now trades at a valuation that appears to discount its rapidly expanding ecosystem and utility-driven vision. For investors, the interplay between whale accumulation and user metrics offers a compelling case for undervaluation and potential price recovery.

Whale Accumulation: A Structural Shift in Investor Behavior

The most striking on-chain development has been the aggressive accumulation by large holders. Between July 1 and July 21, 2025, addresses holding 1–10 million WLD increased their stakes, coinciding with a 70% price surge [1]. This trend intensified on August 29, when a newly created wallet withdrew 9.32 million WLD ($8.85 million) from Binance in a single transfer, signaling strategic positioning by a whale or institutional actor [2]. Such activity contrasts with typical speculative behavior, suggesting long-term conviction in WLD’s utility as a privacy-focused, AI-driven token.

Derivative markets further reinforce this bullish sentiment. Open interest in WLD futures has doubled to $203 million by late July, up from $75 million earlier in the year [1]. This surge reflects growing participation from both retail and institutional traders, who are hedging against volatility while capitalizing on the token’s momentum.

User Engagement: From Signups to Verified Accounts

Worldcoin’s user base has expanded to 14 million verified accounts out of 30 million signups, underscoring its role as a bridge between biometric authentication and decentralized finance [1]. This growth is not merely quantitative but qualitative: active addresses have increased over both 24-hour and 7-day periods, indicating sustained usage rather than speculative trading. The project’s focus on AI-driven identity verification—partnering with firms like Razer and Match Group—positions it to capture value in the $1.5 trillion digital identity market [1].

Institutional Confidence and Undervaluation

Despite these fundamentals, WLD remains undervalued relative to its peers. A $135 million token buy from venture capital firms like a16z and Bain in July 2025 highlights institutional confidence [1]. Yet, the token’s market cap still lags behind its user base and ecosystem potential. For context, WLD’s price-to-verified-accounts ratio is significantly lower than that of Ethereum or Solana, even as it outpaces them in niche use cases like biometric authentication.

The Case for Price Recovery

The combination of whale accumulation, rising user engagement, and institutional backing creates a self-reinforcing cycle. Whales lock in supply, reducing sell pressure and stabilizing the price. Growing user activity validates the token’s utility, attracting further adoption. Meanwhile, institutional investments signal macro-level confidence, which often precedes broader market recognition.

Critics may argue that WLD’s privacy-centric model faces regulatory headwinds. However, the project’s partnerships with mainstream companies and its focus on opt-in data sharing mitigate these risks. As AI adoption accelerates, Worldcoin’s unique value proposition—decentralized identity verification—could become a critical infrastructure layer, further justifying its current valuation discount.

Conclusion

Worldcoin’s on-chain dynamics and user growth metrics paint a picture of a project in transition—from speculative curiosity to utility-driven asset. For investors, the recent whale activity and institutional backing serve as leading indicators of a potential price recovery. While risks remain, the alignment between technical strength and real-world adoption makes WLD a compelling case study in undervaluation.

**Source:[1] WLD Price Soars: Analysts Eye $4 Target [https://coinpedia.org/uncategorized/wld-price-soars-analysts-eye-4-target/][2] Whale Alert: Newly Created Wallet Withdraws 9.32M WLD ($8.85M) From Binance in Single Transfer [https://blockchain.news/flashnews/whale-alert-newly-created-wallet-withdraws-9-32m-wld-8-85m-from-binance-in-single-transfer-address-0xc0d96a3147bfd1675f88b650656266dc7ef84fff]