Since its launch between March and April this year, the USD1 stablecoin issued by World Liberty Financial has seen continuous growth in trading activity. The most direct indicator is the surge in 24-hour trading volume—from an initial 100-150 million USD at listing to now reaching 600-900 million USD, an increase of 50-100 times.

This growth did not happen out of nowhere. Looking back over the past nine months, you can see several obvious driving forces:

In April, when it was first launched, the trading volume was only 100-150 million USD, mainly during the liquidity injection phase. By May, the situation reversed—billions of dollars in trading volume flooded in, driven by large institutional transactions, including deals like MGX. There was a pullback in September, with daily trading around 50 million USD, but this was just an adjustment. Starting in December, the rebound began, with trading volume fluctuating between 300 million and 1 billion USD (depending on the data source; Phemex reports around 300 million, while CoinMarketCap shows higher figures). Entering 2026, it has stabilized at this level—around 850 million USD on CoinMarketCap, approximately 580 million USD on CoinGecko, and other platforms bouncing between 300 million and 1 billion USD.

Where is the driving force? There are two key factors: first, support from a major exchange listing; second, multi-chain deployment expanding the application scope; third, continuous trading activity driven by institutional recognition. But honestly, this trading volume still heavily relies on liquidity and incentive programs from centralized exchanges, and there is still room for organic trading demand to grow.

As for the future trend of the project token WLFI, optimistic views believe it could break through the 0.25-0.3 USD level this year. This judgment is based on the current trading volume base and market enthusiasm, but caution is advised regarding risks of liquidity depletion and adjustments to incentive policies.