Binance co-founder Changpeng Zhao (CZ) triggered a fresh rally in Trust Wallet Token (TWT) with a po
Binance co-founder Changpeng Zhao (CZ) triggered a fresh rally in Trust Wallet Token (TWT) with a post highlighting its evolution from an experiment into a utility-based altcoin. CZ noted that the tokens 99% supply burn removed early excess, and now “utility is expanding.”
The post fueled FOMO trading, lifting TWT more than 80% in 24 hours to a high of $1.23 before settling near $1.11. Daily volume jumped 25x to $340 million, with traders piling into the move across the BNB chain ecosystem.
Utility Roadmap Expands TWTs Use Cases
The Trust Wallet team recently updated its tokenomics litepaper to highlight the planned Utility and roadmap for TWT. According to the Trust Wallet team, the rollout of TWTs utility will happen in the next six months, with the first set expected to be released before the end of 2025.
Utility Overview
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Whats the Next Major Target for TWT Price?
TWT rebounded off long-term support at $0.72, held since June 2023. On the daily chart, the token cleared an inverse head-and-shoulders neckline at $0.89, confirming reversal structure.
In the daily timeframe, the TWT price rallied above a neckline of an inverse head and shoulder (H&S) pattern around $0.89.
The TWT buyers are in control, especially after the daily MACD indicator flashed a buy signal together with the Relative Strength Index (RSI) that surged above the 70% level for the first time in 2025.
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In the weekly timeframe, the TWT price is aiming for $1.61, which coincides with the upper borderline of a macro horizontal consolidation. Furthermore, the weekly RSI shows TWT is now approaching overbought levels.
Why It Matters
CZ‘s endorsement and the roadmap release shift TWT’s narrative from “burned token with no use cases” to “utility-driven mid-cap with defined distribution rails.”
With a fully diluted valuation of $1.13 billion, TWT now sits in the mid-cap tier of altcoins where utility and adoption can drive outsized performance.
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