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With the momentum of cross-chain increasing, the price of Wormhole is expected to break through.
Wormhole (W) is consolidating near a critical resistance level, with analysts expecting it to break through $0.18 in September. The technical formation of the Token shows a rising triangle pattern, and the Trading Volume has significantly increased, indicating potential upward momentum. Recent developments include Pyth Network's collaboration with the U.S. Department of Commerce to bring verified economic data on-chain, thereby enhancing its credibility. Institutional adoption is strengthening, with Grayscale adding Wormhole to its watchlist, Uniswap and Google Cloud supporting its fee conversion, and Ripple integrating Wormhole for XRP-EVM transfers. The acquisition of StarGate for over $120 million further solidifies its cross-chain dominance.