CZ's retweet triggers a 40% surge in Trust Wallet's TWT token; aiming for 1 billion Web3 users

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Binance founder CZ(CZ) reposted Trust Wallet's latest "Token Light White Paper" on the X platform and gave it a positive review, saying, "The TWT token was initially just an experiment. The price of FDV quickly rose. They destroyed 99% of the supply, but there weren't many use cases. Now, FDV is expanding."

TWT's price subsequently climbed from $0.89 to $1.30 within 15 minutes, a 41.69% increase, currently trading at $1.13. This brief surge in buying catapulted this previously thinly traded utility token into the trending search engine.

Image source: CMC

From “Experimental Token” to Ecosystem Core: A Comprehensive Overview of TWT Functions

Trust Wallet, founded by Viktor Radchenko in 2017 and acquired by Binance in 2018, positions itself as a multi-chain, self-custodial wallet. TWT initially adopted the ERC-20 standard, later migrating to BEP-2 and BEP-20. In addition to governance voting, holders can enjoy fee discounts on DEXs, participate in staking, claim airdrops, and use TWT to pay for on-chain gas directly through the FlexGas feature.

As of September 2025, the circulating supply will be approximately 416 million, with a market capitalization of $330-340 million USD, and a total supply cap of 1 billion. TWT has evolved from an early experimental platform to the economic engine of Trust Wallet.

Trust Wallet's three-tiered roadmap

Trust Wallet announced a new blueprint in mid-September, aiming to serve more than 1 billion users by 2030.

  • The first layer, "Daily Finance," focuses on gas-free transactions, cross-chain remittances, and anti-fraud protection.
  • The second layer of "advanced trading" will introduce self-custodial leverage and prediction markets
  • The third layer, "Yield Growth Opportunities," offers personalized staking, lending, and airdrops. TWT is the centerpiece of this entire design, strengthening engagement through tiered loyalty, staking rewards, and gas discounts.

The official blog states:

We have obtained ISO/IEC 27001:2022 and ISO/IEC 27701:2019 certifications to ensure the security of user assets and privacy.

Trust Wallet boasts over 210 million downloads and the backing of the Binance ecosystem. Coupled with innovative mechanisms like FlexGas, it's tapping into the core trend of Web3 decentralization. However, the highly volatile crypto market, fierce wallet competition, and regulatory changes in various countries all pose uncertainties.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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