WBT Surges to New High Amid Whitechain's Ethereum Layer 2 Transition
Whitechain's exchange-linked token, WBT, has set a new all-time high of $72.7 after reaching its fourth anniversary. This milestone comes as the blockchain connected to WBT is preparing for a significant architectural change by transitioning from a standalone Layer 1 design to an Ethereum Layer 2 built with the OP Stack.
The public testnet for Whitechain's new infrastructure is already running, and mainnet development is targeting later in 2026. This transition reflects a broader shift across blockchain infrastructure, where networks are rebuilding around established platforms like Ethereum.
WBT's utility extends beyond trading on the exchange side, providing benefits such as trading-fee discounts and higher referral rewards to holders. It also serves as the native gas asset for Whitechain, required for transactions on the network. The token's supply has been unlocked as of 2026, with a mechanism in place to reduce supply by 33% of trading-fee income and 5% of other exchange activities.
The recent price performance of WBT is notable, with a 30.88% gain over the week and a break above the $55, $60 resistance zone with strong volume. However, the market will have to determine whether this momentum translates into sustained demand as Whitechain's transition unfolds.