World Chain, the dedicated L2 for Worldcoin, has surged over 130% monthly driven by millions of real users' high-frequency interactions and AI narratives. On-chain active addresses skyrocketed 649%, making it the second-largest consumer of Ethereum Blob space. However, its TVL stands at only $40.42 million, heavily reliant on a single protocol, with funds mostly bridged rather than engaged in deep economic activity.
World Chain, the Layer 2 network tailored for Worldcoin, has recently demonstrated remarkable growth. Driven by millions of real users engaging in high-frequency interactions and fueled by AI-related narratives, the native token increased by more than 130% in the past month. On-chain active addresses surged by 649%, and the network has become the second-largest consumer of Ethereum Blob space, positioning itself as a major user of blob capacity.
Despite these impressive metrics, the underlying ecosystem shows signs of fragility. The total value locked (TVL) on World Chain is only $40.42 million, heavily concentrated in a single protocol. Most bridged assets remain idle rather than participating in meaningful economic activities. The application ecosystem remains underdeveloped, indicating that the network still has a long way to go in building a mature and diversified economic environment.
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