WBT Surges Past $72 as Whitechain Transitions to Ethereum Layer 2

The cryptocurrency token WBT has reached an all-time high price of $72.70, coinciding with broader developments in blockchain infrastructure and digital assets.

This milestone comes as WBT's utility extends beyond its initial role as an exchange token to encompass a range of uses within the Whitechain ecosystem, including reduced fees for users, referral rewards, and eligibility for certain Launchpad activities.

Whitechain is transitioning from a standalone Layer 1 to an Ethereum Layer 2 built using the OP Stack, with WBT remaining its native gas token. This move places Whitechain within a larger ecosystem of Ethereum Layer 2 networks, which have become established for handling blockchain activity and settling transactions back to Ethereum.