
WAX priceWAXP
WAXP/USD price calculator
WAX market Info
Live WAX price today in USD
The cryptocurrency market is buzzing with activity on October 16, 2025, marked by significant price movements, accelerating institutional adoption, evolving regulatory landscapes, and continuous technological advancements. Investor sentiment has shifted to the 'greed' zone, a level not observed in nearly three months, reflecting renewed optimism across the digital asset space. [1]
Bitcoin's Resurgence and Institutional Embrace Bitcoin (BTC) has been a central focus, breaking above $67,000 and leading a broader market rally after a volatile period. [1] Following a dip as low as $64,900, BTC rebounded by 2.54% to reach $67,128, with its one-day trading volume surging by 20% to $49.11 billion. [1] Earlier in October, Bitcoin also achieved a new record price, surging past $125,000. [19] Technical analysis reveals a bullish 'Double Bottom' pattern, potentially setting the stage for a breakout towards the $150,000 mark. [6] Bitcoin exchange-traded funds (ETFs) have seen substantial inflows, with BlackRock's iShares Bitcoin Trust (IBIT) notably surpassing $100 billion in assets under management (AUM), making it the fastest ETF to reach this milestone. [4] This achievement led BlackRock CEO Larry Fink to underscore the growing trend of 'tokenization of all assets'. [4] Further signaling robust institutional acceptance, Morgan Stanley has expanded access to Bitcoin and other crypto funds to all its wealth management clients, including those with Individual Retirement Accounts (IRAs) and 401(k)s. [11] Citigroup is also preparing to launch a comprehensive crypto custody platform by 2026. [11] In a development highlighting the maturation of crypto derivatives, Laser Digital, Nomura Group's digital assets arm, executed its first Bitcoin options trade on GFO-X, a regulated UK derivatives venue. [8] The third quarter of 2025 saw record-breaking activity in crypto futures and options, with combined volume exceeding $900 billion, driven by increased institutional involvement. [16]
Ethereum's Trajectory and DeFi Evolution Ethereum (ETH) has mirrored Bitcoin's positive momentum, with its price increasing by 3.6% over the past 24 hours. [21] Analysts are predicting ETH could reach $5,200, driven by new privacy initiatives within the Ethereum ecosystem, such as the integration of Railgun into its privacy wallet toolkit. [21] The Ethereum Foundation is actively engaging with the Decentralized Finance (DeFi) ecosystem, deploying 2,400 ETH and stablecoins into the DeFi lender Morpho as part of its updated treasury management strategy. [12] However, Ethereum has also experienced a significant institutional withdrawal wave, with over $428 million pulled from ETH-backed ETFs in a single day, leading to a bearish outlook around the $4,000 psychological threshold. [22] The Foundation also issued a reminder for software updates following changes in proof formats introduced by EIP-7549, essential for optimizing transaction efficiency and network reliability. [14]
Altcoin Performance and Broader Market Trends While Bitcoin and Ethereum show strong signals, the altcoin market has presented a mixed bag. Binance-backed BNB saw a 1.41% increase, and Dogecoin (DOGE) rose by 2.07%. [1] Conversely, Solana (SOL) declined by 0.18%, XRP dipped by 0.94%, and Toncoin (TON) dropped by 1.10%. [1] Smaller altcoins like Shiba Inu (SHIB), PEPE, WIF, and BONK also experienced declines. [1] Despite some recent pullbacks, the Q3 2025 report from CME Group highlighted surging demand for regulated crypto exposure, with Solana (SOL) and XRP futures reaching all-time highs, indicating broader institutional and retail interest beyond just Bitcoin and Ethereum. [16] This aligns with an analyst's prediction of a potential 195x altcoin surge by October 2025, driven by historical market cycles and low exchange reserves. [2]
Regulatory Developments and Innovation Globally, regulatory frameworks for digital assets continue to evolve. In the U.S., bipartisan negotiations for a crypto market-structure bill have stalled due to a new Democratic proposal that seeks to classify DeFi front-end participants as 'digital asset intermediaries' under SEC or CFTC oversight. [18] In Europe, the European Banking Authority (EBA) raised concerns about proposed amendments to the Markets in Crypto-Assets (MiCA) regulation, fearing potential liquidity risks. [18] The EBA also released a report addressing money laundering and terrorist financing risks in crypto-asset services. [25] Japan is moving towards banning crypto insider trading, authorizing its Securities and Exchange Surveillance Commission to investigate violations. [26] Meanwhile, the tokenization of real-world assets (RWAs) continues to be a pivotal catalyst for DeFi, with MakerDAO's $1.2 billion investment in U.S. Treasury bonds serving as a prime example of institutional engagement in this sector. [10, 24] New technologies are also emerging, such as Appyea, Inc.'s Techlott, a blockchain engine designed for transparency in gaming and entry into prediction markets. [29]
Today's crypto market showcases a dynamic interplay of bullish price action, deepening institutional integration, ongoing regulatory scrutiny, and continuous innovation shaping the future of decentralized finance.
Do you think the price of WAX will rise or fall today?
Now that you know the price of WAX today, here's what else you can explore:
How to buy WAX (WAXP)?How to sell WAX (WAXP)?What is WAX (WAXP)What would have happened if you had bought WAX (WAXP)?What is the WAX (WAXP) price prediction for this year, 2030, and 2050?Where can I download WAX (WAXP) historical price data?What are the prices of similar cryptocurrencies today?Want to get cryptocurrencies instantly?
Buy cryptocurrencies directly with a credit card.Trade various cryptocurrencies on the spot platform for arbitrage.WAX price prediction
When is a good time to buy WAXP? Should I buy or sell WAXP now?
What will the price of WAXP be in 2026?
In 2026, based on a +5% annual growth rate forecast, the price of WAX(WAXP) is expected to reach $0.01541; based on the predicted price for this year, the cumulative return on investment of investing and holding WAX until the end of 2026 will reach +5%. For more details, check out the WAX price predictions for 2025, 2026, 2030-2050.What will the price of WAXP be in 2030?
About WAX (WAXP)
What Is WAX?
WAX, or Worldwide Asset eXchange, is a blockchain platform and cryptocurrency specifically designed for trading virtual items such as in-game assets, digital art, and other collectibles. Launched in 2017 by the founders of OPSkins, WAX aims to create the largest peer-to-peer marketplace for digital assets, focusing on decentralization, interoperability, transparency, and efficiency. It has gained immense popularity in the gaming and NFT communities due to its user-friendly approach and its focus on virtual item trading and fractional ownership.
WAX is a carbon-neutral blockchain, making it a distinctive and environmentally friendly choice in the blockchain ecosystem. It is hyper-focused on video games and virtual collectibles, providing a decentralized marketplace where users can trade virtual items directly without intermediaries.
Resources
Whitepaper: https://github.com/worldwide-asset-exchange/whitepaper
Official Website: https://www.wax.io/
How Does WAX Work?
WAX operates using a Delegated Proof of Stake (DPoS) consensus mechanism, which is known for its speed and scalability, allowing for the efficient management of block production. In this system, WAX token holders use their tokens to vote for WAX Guilds, who are responsible for producing blocks on the WAX blockchain. This mechanism ensures that the blockchain is secure and transactions are processed swiftly, with a block being produced every thirty seconds.
The platform is also fully compatible with EOS, enabling developers to easily build and deploy applications on the WAX blockchain using EOSIO software. WAX provides a suite of tools and services such as WAX Cloud Wallet, WAX Creator, WAX ExpressTrade, and WAX Random Number Generator to help developers create engaging and immersive experiences for users. It also supports vIRLs, patented NFTs that can be redeemed for real-world products and services, offering dynamic functionality including app-video game integrations, marketing tools, and V-commerce capabilities.
WAX has introduced the world's first carbon-neutral NFTs, known as vIRL NFTs, which are linked to physical objects and are carbon offset. This initiative aligns with WAX's commitment to reducing its carbon footprint and achieving carbon-negative status. The platform also allows for the creation and trading of virtual items, which can be transferred across different games and platforms, providing users with increased flexibility and utility for their digital assets.
What Is WAXP Token?
WAXP is the native token of the WAX blockchain, serving various functions including paying transaction fees, purchasing virtual items, and participating in governance decisions on the network. It is used as a payment and trading token, allowing users to purchase virtual goods on WAX. WAXP is also the reward for staking or producing blocks, and it can be traded or purchased on major exchanges such as Bitget. The token is essential for securing the blockchain in proof-of-stake and is used to pay for fees when creating and using smart contracts.
WAX's Impact on Finance
WAX's innovative approach to virtual item trading and its focus on gaming and NFTs have positioned it as a leader in the blockchain industry, potentially revolutionizing e-commerce and gaming industries. By enabling seamless and secure trade of digital assets, WAX provides a practical framework for future projects in the financial sector, particularly in the realms of decentralized finance (DeFi) and NFT marketplaces.
The platform's emphasis on user-friendly experiences and its ability to support fractional ownership have made it accessible to a broader audience, allowing more users to participate in the ownership and trading of high-value items. WAX's commitment to environmental sustainability through carbon-neutral NFTs also sets a precedent in the industry, contributing to its notoriety and appeal to environmentally conscious investors and users.
What Determines WAX's Price?
The value of WAX token (WAXP), much like other tokens, is shaped by a multitude of elements, reflecting the intricate nature of the cryptocurrency market. Supply and demand on various platforms, including cryptocurrency exchanges like Bitget where it can be acquired and traded, are fundamental in determining its price. When there’s a surge in demand for WAXP, often spurred by encouraging cryptocurrency news or emerging trends in the cryptocurrency market, its value is likely to escalate. On the flip side, if the market is flooded with WAXP or it encounters unfavorable news or developments, its value is inclined to diminish.
Market sentiment, fueled by cryptocurrency enthusiasts, influencers, and connoisseurs, is another pivotal factor in shaping the value of WAXP. Discussions, analyses, and predictions within the crypto community and by cryptocurrency experts can significantly sway investor sentiment and, subsequently, the value of WAXP. Moreover, the overarching conditions of the cryptocurrency market, encompassing market volatility, regulatory landscapes, and the level of cryptocurrency adoption, can also impact WAXP’s value. For example, broad acceptance or positive regulatory developments can boost WAXP’s value, whereas restrictive regulations or a downturn in the crypto market can lead to a decline. Those contemplating investing in WAXP are encouraged to stay informed about the latest in cryptocurrency news, events, and trends and to seek advice from seasoned experts to determine whether WAXP is a sound investment looking forward to 2023 and beyond.
Bitget Insights



WAXP/USD price calculator
WAXP resources
Tags:
What can you do with cryptos like WAX (WAXP)?
Deposit easily and withdraw quicklyBuy to grow, sell to profitTrade spot for arbitrageTrade futures for high risk and high returnEarn passive income with stable interest ratesTransfer assets with your Web3 walletWhat is WAX and how does WAX work?
Global WAX prices
Buy more
FAQ
What is the current price of WAX?
What is the 24 hour trading volume of WAX?
What is the all-time high of WAX?
Can I buy WAX on Bitget?
Can I get a steady income from investing in WAX?
Where can I buy WAX with the lowest fee?
Related cryptocurrency prices
Prices of newly listed coins on Bitget
Hot promotions
Where can I buy WAX (WAXP)?
Video section — quick verification, quick trading







