Worldcoin’s WLD token jumped 25% in recent hours, extending weekly gains to nearly 50%, driven by strong user growth, wallet activity, and institutional backing.

Over the past seven days, more than 530,000 new users completed verification, the largest weekly increase in recent months, bringing the total verified user base above 33.5 million. Wallet metrics also hit new highs, with 31.6 million transactions processed during the period and daily volumes surpassing two million for the first time.

The network’s anonymized multi-party computation (AMPC) framework expanded with the addition of Peru’s University of Engineering and Technology (UTEC), joining academic operators such as South Korea’s KAIST and UC Berkeley’s Responsible Decentralized Intelligence group. AMPC, introduced in May, enhances privacy by splitting encrypted user data across independent nodes, each processing partial information to confirm user uniqueness. Leveraging Nvidia H100 chips, each node can handle up to 50 million uniqueness checks per second, supporting the network’s nearly seven million verified users while scaling for future growth.

Institutional support surged alongside network expansion. Eightco Holdings (NASDAQ: OCTO) announced a $250 million private placement at $1.46 per share to implement a Worldcoin treasury strategy, acquiring WLD as its primary reserve asset. An additional $20 million came from BitMine through a separate stock purchase. The round was led by MOZAYYX, with participation from World Foundation, Discovery Capital, Pantera, Kraken, FalconX, Brevan Howard, and others. Eightco will rebrand its Nasdaq ticker to “ORBS” once the deal closes on Sept. 11.

The combined effect of network growth, technical expansion, and institutional backing highlights renewed momentum for Worldcoin as WLD continues its bullish trajectory.