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World IDCINA ID has reached a milestone by overcoming 100 million Use across third -party applications, which means a significant breakthrough adoption for the ambitious project of digital identity itself, although it faces regulatory challenges worldwide.
The success comes as a tool for humanity announced $ 1 million in WLD retro rewards for builders and revealed it 6.9 million WLD The tokens were spent in mini applications last week.
The recent USDC Stablecoin support integration on the world’s Bitgo network further strengthens the capabilities of the ecosystem infrastructure.
However, this technical progress contrasts sharply with the price performance of WLD, which remains 89% since its March 2024 with a high maximum of $ 11.74 despite recent profits.
Token experienced significant volatility after Announcement of the legendary designer Apple Jony Iive Cooperation with Sam Altman Openai, which was made through an acquisition of $ 6.5 billion.
The WLD increased by 15% to $ 1.28, but has since retreated to the current levels of around $ 0.88.
Regulatory pressures continue to grow across different jurisdictions and bring even more uncertainty to the future of the project.
In the middle of these challenges, the project strategically turned Rebranding as a “world network” and introduction of alternative methods verification. The redesigned orb Iris-Scanning Orb now includes a passport verification with NFC support for age, nationality and confirmation of ownership without revealing full identity.
Global regulatory storm threatens expansion plans
Worldcoin faces strict regulatory resistance because governments around the world are exploring their biometric data collection procedures and cryptocurrency structure.
High Court in Kenya made a particularly harmful blow Ordering the WorldCoin Foundation Foundation Delete all biometric data Collected from citizens permanently.
The Kenya High Court ordered WorldCoin Foundation and his agents to “permanently delete” all biometric data collected from citizens.#Worldcoin #Kenya #Worldcoinprojecthttps://t.co/wixbcfoic8
– Cryptonews.com (@cryptonews) 6 May 2025
Lady Justice Aburili Roslyne 5.
The court found that the consent obtained through monetary suggestions and cryptocurrency offers was invalid under Kenyan law.
One Kenyan official described the project as “gang of criminals who reappered data from young people”.
Moreover Indonesian suspension shows the same problematic Because the Earth is one of the fastest growing crypt markets in Asia.
The Ministry of Communication and Digital Investigators found that the local partner in the world, PT terang Bulan Abadi, failed to ensure a compulsory certificate of electronic system.
Instead, the project worked within Pt Sandin Abadi Nusantara, whose permission was not covered by IRIS scan services. CEO Alexander Sabar described this mandate as a “serious violation” that violates Indonesian law.
The Brazilian National Data Protection Authority has also banned crypto incentives for collecting biometric data; however, A recent report has found that three centers in São Paulo are still working normally.
Twelve recent registration applicants have confirmed that the company promises a crypt site despite the ban.
@Worldcoinco -founded project @They were ordered by German regulators to remove unsatisfactory data due to violations of GDPR.https://t.co/urlabkogv0
– Cryptonews.com (@cryptonews) December 19, 2024
The decision of the German violation of GDPR They launched extensive data removal requirements and contributed to the fact that WLD dropped below $ 2 in December 2024.
France, Portugal, Spain, Hong Kongand South Korea All of them started investigating the project data procedures.
Technical graphs signal potential recovery despite the basics
The WLD’s daily graph reveals a dramatic technical picture that captures a steep drop of 89% of assets from a maximum of $ 11 at a current level of around $ 0.88.
The classic formula of the descending triangle contained a price action during 2025, with a horizontal support of around $ 0.77, representing a critically more tested level.
The main zone of resistance between $ 1,308 and $ 1.427 has repeatedly rejected the assembly and maintained the bear structure that defined the WLD decline.
RSI at 38.97, however, is close to the re -selling area without achieving extreme levels, indicating potential technical exhaustion.
The decline has indicated more “Bear” RSI signals, but recent values indicate that sales pressure can decrease. The volume profile reveals significant participation during support test tests, with key technical levels indicating high -volume sessions.
The weekly chart provides an even more important context for correction size, which shows that the WLD tests a critical 0.618 level Retracence Retracement in approximately $ 0.61. This Confluence support often represents the main points of conversion in trend assets.
The volume analysis further reveals this with a sliding average to 7.07 million significantly increased compared to the recent 2.37 million sessions. This suggests that low strategic accumulation may occur at depressive levels.
It seems that the mobility oscillator forms a potential formula with a period and achieves extreme over -scared levels that historically preceded the main conversion of WLD.
Objectives with a clear renewal exist at $ 1.7665 and $ 2.0963, which represents potential profits of 100-150% of current levels.
The basic background of 100 million World ID uses potential disconnection between the adoption of usefulness and market price.
This rising real -world application could lead to price solutions if the current level of support is held and the market sentiment moves towards adoption metrics.
Contribution WorldCoin’s World ID exceeds 100 million uses across third-party applications-is WLD ready to recover? He appeared for the first time Cryptonews.
