Numerous cryptocurrency exchanges have disclosed their intentions to offer the token for spot trading as soon as qualifying users may claim the airdrop.

More than 400,000 wallets will be allowed to participate in the W token airdrop, according to information that Wormhole has previously released about it. A significant amount of 617.3 million W tokens are reserved for the community and ecosystem during the first airdrop. Early adopters on chains like Ethereum, Solana, and others, as well as other crypto groups, will profit from this.

This past week, an X post announced "Wormhole Wednesday" on April 3, stating that the W airdrop claim period will begin at 11:30 am Universal Time.

With additional platforms expected to join the lineup, a number of exchanges, including Bitget, OKX, Backpack, and Gate.io, have announced intentions to offer the W token for trade on launch day at 12 pm UTC.

Given Wormhole's prominence in the sector, the introduction of the W token is certain to be a noteworthy occasion in the cryptocurrency world this year. Plans are in underway to expand support to the Ethereum ERC-20 token standard, highlighting the cross-chain capabilities of the technology, which was first offered as a Solana SPL20 token.

W tokens are now selling at $1.65 in the pre-market on Whales Market. Wormhole has revealed that of the 10 billion tokens that are in total availability, 1.8 billion will be in circulation at launch.

The token would join the market with a capitalization of close to $3 billion if the pre-market price is kept constant until the debut, making it among the top 50 cryptocurrencies by CoinGecko's rankings.