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WLFI Soars After Senate Advances Deal to End 40-Day Shutdown

Analysts call the swing a momentum trade driven by politics rather than project fundamentals.

Overview

  • WLFI leapt roughly 29%–33% to about $0.158 on Monday, still about 53% below its all-time high with a market value near $4.2 billion, according to CoinGecko.
  • The Senate approved a 60–40 procedural step on a bipartisan funding plan to end the 40-day shutdown, and the measure now moves to the House.
  • Trading activity surged, with reported spot volume up more than 600% in 24 hours and futures open interest rising, while Bitcoin and Ethereum gained about 3%–5%.
  • Prediction market Myriad put the probability of the shutdown ending before Nov. 15 near 88% after the vote, according to Decrypt.
  • On-chain trackers noted a transfer of 18.42 million WLFI from Jump Crypto to Binance that aligned with brief dips, as analysts warned the rally hinges on narrative and liquidity over verified fundamentals.