Wormhole Protocol is launching its governance token, W, with a massive airdrop scheduled for April 3.

This milestone initiative distributes 617.3 million W tokens to over 400,000 wallets across Solana (CRYPTO:SOL), Ethereum (CRYPTO:ETH), and various chains.

Leading exchanges like Binance (CRYPTO:BNB), OKX (CRYPTO:OKX), and Huobi (CRYPTO:HT) will list the token for trading, reflecting its potential and community anticipation.

With a pre-market price of $1.65, the W token could debut with a market cap nearing $3 billion, marking a significant move in the crypto space.

This launch underscores Wormhole's commitment to cross-chain functionality, supporting Solana's SPL20 token standard and Ethereum's ERC-20.