@vivianne3a7
Wormhole’s 2025 airdrop saw its W token crash 80% to $0.20, as 500 million tokens flooded the market, diluting value. LayerZero, with its secure full-chain solution, appears to dominate, handling 60% of cross-chain volume ($10 billion monthly). LayerZero’s W token, despite its own 80% drop, stabilized at $0.50, supported by $50 million in attack losses versus Wormhole’s $200 million. LayerZero’s OmniSDK, covering 50+ chains, outpaces Wormhole’s 30-chain support. However, LayerZero’s high fees—0.1% per transaction—may alienate users, giving Wormhole a chance to recover with lower costs. While LayerZero leads, true monopoly status is unlikely; Wormhole could regain 20% market share by 2026 if it enhances security and leverages its community.