USD1 Stablecoin Surpasses $5 Billion Market Cap in Under a Year
- Market Value Milestone: World Liberty Financial's stablecoin USD1 has surpassed $5 billion in market value in under a year, making it the fifth-largest stablecoin globally, reflecting strong market demand and usage growth despite rising public and regulatory scrutiny.
- Outpacing Competitors: USD1's market value has exceeded PayPal's PYUSD, which currently stands at approximately $3.75 billion, indicating USD1's rapid growth in the stablecoin market and accelerated institutional adoption.
- New Platform Launch: In January, World Liberty Financial launched the World Liberty Markets platform, allowing users to borrow digital assets using USD1 as collateral, aimed at increasing liquidity and embedding the stablecoin into everyday digital finance activities, thereby enhancing its market position.
- Bank Application Under Scrutiny: WLFI's subsidiary WLTC Holdings LLC filed an application with the Office of the Comptroller of the Currency to create a national trust bank focused on issuing stablecoins, but the application has drawn political attention, with Senator Warren expressing concerns over its ties to the President, potentially impacting the application's progress.
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Technical Analysis for WLFI
Technical Sentiment Analysis for World Liberty Financial (WLFI) As of , World Liberty Financial (WLFI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WLFI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WLFI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
World Liberty Financial (WLFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0318 | 0.0639 | 0.0938 | 0.126 | 0.156 | 0.188 | 0.218 |
| Fibonacci | 0.0639 | 0.0876 | 0.102 | 0.126 | 0.15 | 0.164 | 0.188 |
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