World Token Reaches Resistance Zone Amid Strong On-Chain Activity and Rising Social Dominance
The World (WLD) token has been gaining momentum in recent months after consolidating for some time. As of now, it's trading around $0.56-$0.57 and is approaching a key resistance zone at $0.65-$0.75.
On-chain activity is also showing stronger participation from the network, with Active Addresses surging to 1,215 in the last 24 hours. This increase in activity, combined with a 30-day MVRV Ratio of 15.6%, indicates that recent buyers are holding meaningful unrealized gains.
Additionally, World's Social Dominance has risen to around 0.013% as the token re-enters the spotlight. This growth is attributed to the expansion of its Proof of Human infrastructure into the AI-agent economy and the increasing attention being given to World ID, which enables AI agents to prove that a real person initiated an action.
The current setup leans bullish due to price momentum, network activity, and market attention moving together. A clean breakout through the $0.65-$0.75 resistance zone would strengthen the broader rounded-bottom reversal and give the rally room to develop into a larger uptrend.