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Hamlet
@hamlets
Wormhole’s airdrop boosted cross-chain transfers, dropping from $1.8161 to $0.28 post-launch. Bridging Ethereum, Solana, and more, it enhances interoperability but raises safety concerns. Past exploits (e.g., a $320 million hack in 2022) highlight vulnerabilities in smart contracts. The airdrop incentivized usage, yet price declines suggest sell-pressure over utility. Security relies on audits and bridge design, but risks persist in cross-chain complexity. Wormhole’s potential lies in adoption, provided it strengthens safeguards against exploits.
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