TL;DR

Trust Wallet Token (TWT) surged by 32.49% in the last 24 hours, reaching $1.06 with a market cap of $457.5 million and over $400 million in trading volume.
The move followed a public mention from Binance co-founder Changpeng “CZ” Zhao and the release of a litepaper outlining new token utilities.
TWT will now allow users to lock tokens for premium wallet services, advanced trading tools, and exclusive participation in crypto events.

Trust Wallet Token (TWT) delivered one of the strongest performances in the altcoin market this week, fueled by renewed visibility and expanding utility. The token rose more than 32% in a single day, pushing its price to $1.06 and generating a trading frenzy with over $400 million in daily volume. Its market capitalization climbed to $457.5 million, signaling strong appetite for wallet-based tokens that align with growing Web3 adoption globally.

Binance Effect Reinforces Market Momentum

The surge in TWT comes on the heels of Binance’s co-founder Changpeng “CZ” Zhao highlighting the project, a reminder that endorsements from major figures can still shift capital flows quickly. With more than 30% of TWT liquidity concentrated in Binance pairs, trading activity intensified, driving swift price moves. This echoes patterns seen in other assets that gained traction from Binance exposure, underscoring the exchange’s influential role in shaping altcoin trends.

Web3 wallets continue to evolve as gateways for decentralized finance, NFTs, and blockchain-based gaming ecosystems. Trust Wallet has positioned itself as a multi-chain hub, now supporting over 100 blockchains and onboarding more than 210 million clients worldwide. Its ability to connect users to DeFi protocols and staking opportunities has reinforced TWT’s role as a governance and incentive tool with growing relevance.

Expanding Utility And Token Incentives

The newly published litepaper reveals plans to expand TWT’s role beyond governance. Holders will be able to lock tokens to unlock premium features such as advanced trading functions, airdrops, enhanced customer support, and access to exclusive campaigns. Even without staking, users can benefit from gas fee discounts, while higher tiers of locked TWT promise stronger rewards and early access to innovative wallet features.

Trust Wallet reported that in 2025 it facilitated staking of more than 102,000 ETH and over 67 million TWT, alongside $3.49 million in on-chain reserves. Year-to-date fees already surpassed $45 million, with projections exceeding $63 million by year-end, sparking expectations of potential buybacks that could further strengthen token value. With supply capped and 99% of tokens already burned, TWT is positioned to benefit from scarcity while attracting long-term engagement.

---

Filed under: News - @ September 19, 2025 12:29 pm