Worldcoin surges 16% and reaches 1 million users – will WLD advance to 1.2 USD?

Worldcoin (WLD) is striving to break out of the downtrend channel that has formed over the past month. Notably, the WLD coin has maintained a crucial support level at $0.65, before sharply rising 16.7% to $0.87, and then slightly adjusting to around $0.82 at the time of writing.

At the same time, the trading volume of this altcoin also recorded a sudden increase of 136%, reaching 338 million USD — indicating that on-chain activity has become more active and capital is returning to the market.

So, what is driving this strong recovery?

Worldcoin's on-chain activity reaches a record high

Since its launch, Worldcoin has continuously expanded in terms of usage, acceptance, and on-chain activity. Recently, the project has recorded a significant milestone as the number of active addresses reached an all-time high — 1 million addresses.

According to data from Token Terminal, this figure corresponds to a rise to the sky of 170% in the number of active addresses in just the past 12 months. From May to November, the network has attracted more than 500,000 new users, showing stable and sustainable demand.

Source: Token TerminalAt the same time, the number of daily active users (DAU) also remains stable, fluctuating between 60,000–90,000. As of the time of writing, DAU reached 64,000, up 44.1% in the last three months, according to data from Artemis.

Source: ArtemisGenerally, when the number of active addresses and daily users increases, it indicates that on-chain demand is expanding, while also reflecting a stronger level of actual interaction.

This model is often viewed as a positive signal for price trends, as it demonstrates an expansion in the level of network acceptance, a factor that can drive support for the upward momentum of the token.

Real demand spreads across the market

Notably, in the context of an increasingly vibrant network, the majority of investors still maintain a positive mindset, both in the spot market ( and in the futures market ).

In the spot market, after the network surpassed 1 million users, buying power has returned strongly. According to data from CoinGlass, the net flow (Spot Netflow) of Worldcoin unexpectedly shifted from +6 million USD to -2.18 million USD in just one day.

Source: CoinGlassTypically, negative net cash flow reflects a significant increase in the amount of tokens withdrawn from the exchange, while also indicating that investors are actively accumulating, preparing for the next potential moves in the market.

Whales dominate the derivatives market

On the futures market, whales continue to maintain a dominant position throughout the past week.

According to data from CryptoQuant, the average order size in the futures market indicates a continuous presence of large orders from whales over the past seven days. When there are many large-scale orders, it is often a sign that whales are actively participating, regardless of whether they are on the buying or selling side.

Source: CryptoQuantNotably, in the perpetual contract market (Perpetuals) of Hyperliquid, bulls seem to have a clear advantage. Data from Nansen shows that the volume of buy contracts (Buy Contracts) significantly exceeds that of sell contracts (Sell Contracts).

Specifically, in the last 24 hours, Worldcoin (WLD) recorded 7.77 million buy contracts, compared to 6.4 million sell contracts. This figure indicates that whales are primarily actively buying WLD, taking the opportunity to build strategic positions, ready for the next moves of the market.

Source: Nansen## Is this the beginning of a sustainable upward trend?

According to Coin Photon, the rise of Worldcoin occurs alongside a strong expansion in the level of network usage and an actual increase in demand in both the spot and futures markets.

The Sequential Pattern Strength indicator of this altcoin has now moved into the positive zone, reaching 2.3 points at the time of writing — a clear signal that buying pressure is gradually increasing.

Source: TradingViewThis positive shift reflects a change in the market landscape, as the bulls begin to dominate. In this context, WLD is in a favorable position to continue its rise to the sky.

If demand continues to rise along with the level of activity on the network, WLD has a chance to break the resistance ( and aim for the Parabolic SAR target around $1.2. Conversely, if buying pressure weakens, the price may reverse and adjust to the support zone of $0.68.

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