- WLFI gained over 3% in 24 hours, extending weekly growth to 8%, despite Bitcoin and Ethereum posting losses.
- The Solana partnership with Bonk.fun and Raydium introduced multi-million-dollar USD1 promotional rewards for eligible traders.
- WLFI is 52% below its peak, with $5.90 billion in value lost since launch amid volatility and investor disputes.
World Liberty Financial’s governance token WLFI surged Monday, sharply outperforming major cryptocurrencies after Eric Trump acknowledged a new Solana based partnership. The rally came as Trump commented on the project’s collaboration with Bonk.fun and Raydium, backing promotional rewards tied to USD1 stablecoin trading.
WLFI, which is linked to the Trump family backed decentralized finance platform, rose more than 3% over the past 24 hours. The gains extended its weekly advance to over 8%, a notable rebound after early trading losses.
Endorsement and Partnership
Eric Trump reacted to a post by World Liberty Financial on X supporting the campaign. The firm confirmed a collaboration with Bonk.fun and Raydium to introduce multi million dollar promotional rewards for eligible users trading USD1 pairs.
According to the announcement, participants can trade USD1 on the Bonk.fun bonding curve to access these incentives. Trump wrote, “USD1 is coming to Solana in a big way,” underlining the project’s focus on expanding stablecoin activity within the market.
WLFI Performance and Market Contrast
While Bitcoin and Ethereum slipped into losses, WLFI advanced, drawing attention to its contrasting movement. The governance token climbed after shedding value in its first week of trading. WLFI initially reached $0.46 before dropping, leaving investors with significant losses.
Current figures show the token trading 29% below its opening price and more than 52% beneath its peak. About $5.90 billion in market value has evaporated since that high point. However, the latest rally suggests traders are responding to new developments tied to Solana protocols.
Early Setbacks and Investor Disputes
WLFI’s rollout has not been without controversy. During its first week, the platform blacklisted the wallet of Justin Sun, one of its major investors. Sun alleged that his holdings were frozen “unreasonably” and criticized the move as a violation of investor rights. The episode added to volatility during an already turbulent debut.
Despite those setbacks, the project has maintained momentum by pursuing collaborations, including the recent tie-up with Solana’s Raydium and the Bonk.fun platform. These developments have coincided with renewed trading interest, supporting WLFI’s presence in the competitive decentralized finance market.
