According to Crypto Rover, Wormhole (W) is demonstrating a bullish W pattern on its price chart, indicating a potential upward move. He highlights that Wormhole's strong fundamentals, including cross-chain interoperability and robust ecosystem growth, support a favorable trading outlook for altcoin traders. The current technical formation, combined with increasing developer adoption and on-chain activity, suggests that $W could experience a notable price rally in the short term. Traders are advised to monitor breakout levels for optimal entry, as verified by Crypto Rover on Twitter (source: Crypto Rover, Twitter, May 9, 2025).

According to AltcoinGordon, traders looking to bridge SUI to SOL can use various platforms that support cross-chain transactions. Platforms like Wormhole and Allbridge are often recommended due to their user-friendly interfaces and lower transaction fees (AltcoinGordon, 2025). Ensuring the platform's security and reviewing transaction costs are crucial for traders to minimize risk and maximize efficiency in these transactions (AltcoinGordon, 2025).

According to ZachXBT, small protocol founders face significant challenges when a threat actor deposits stolen funds, causing their Total Value Locked (TVL) to spike by 5-10 times overnight. This situation mirrors past incidents where other chains, such as Oasis, had to manage large sums from hacks, like the $225M WormHole hack.

According to @0xScopescan, a whale withdrew 2.5 million RNDR tokens, worth $15 million, from the OKX exchange and transferred them to the Wormhole bridge. This movement coincided with a 10% drop in the price of RNDR today. For more updates, follow @ScopeProtocol and @0xScopescan.