According to the dYdX Foundation, the dYdX community has successfully passed Proposal #259, resulting in the final cessation of support for the wethDYDX smart contract bridge on the dYdX Chain side. Effective immediately, wethDYDX tokens can no longer be bridged to the dYdX Chain as the bridge is now fully deprecated. This governance decision directly impacts the tokenomics and interoperability of DYDX, requiring traders and holders to adapt to the new on-chain reality.

According to Michaël van de Poppe (@CryptoMichNL), $W is being used exclusively as the bridge protocol by BlackRock's BUIDL and several other asset managers, which highlights its growing institutional adoption (source: Twitter). A significant bullish divergence for $W remains valid, suggesting strong upside momentum could develop in the coming weeks. Traders should closely monitor $W price action as technical and fundamental factors align, potentially impacting broader crypto market sentiment and attracting further capital flows into DeFi bridge solutions.