Why has Worldcoin become the center of attention?

China has recently criticized Worldcoin for its data collection strategy, viewing it as a threat to national security.

This is not the first time Worldcoin has faced criticism related to data collection in its plan to build a global digital ID. Previously, in 2024, Worldcoin was criticized for data-related issues and was even banned in several countries for violating data security laws.

The recent criticism from China raises many questions about the future of this project, while highlighting the challenges that efforts to create a global digital ID face. This attack also reflects concerns that such efforts could undermine national sovereignty. Some experts predict that this could lead to unintended consequences, contrary to current expectations.

The protocol of Worldcoin asserts that decentralized data control and limited data collection can help address these concerns. Although the current situation poses challenges to Worldcoin's plans, recent data shows that the project is still making positive progress.

Worldcoin maintains a positive trajectory despite criticism

Recent data shows that Worldcoin is still growing despite concerns about data that have slowed this process. In the past 8 weeks, the project has recorded an additional 1.8 million newly verified users. This growth rate could be even higher if it were not limited by the number of orbs currently available. To date, more than 1,800 orbs have been deployed globally.

The mini application ecosystem of Worldcoin has also seen significant growth in the same 8-week period, with over 150 new applications added, doubling the figures recorded right after mid-May. This growth is mainly due to the integration of USDC into Worldcoin's mini application ecosystem, which is viewed as a positive step towards opening up real value flow within the platform, rather than just focusing on speculation.

These changes may signal that Worldcoin is making deeper moves into the DeFi space, a result that could enhance trust within the community and attract potential investors.

Will WLD recover from its recent lows?

It is undeniable that concerns about privacy have significantly impacted the project as well as the demand for its native coin, WLD. Recent growth figures suggest that this coin may be on the path to recovery, especially after the negative results in 2024 and 2025 so far.

For reference, WLD reached an all-time high of 11.88 USD in March 2024, but has since undergone a significant decline and is currently trading at 0.964 USD, equivalent to a 92% drop from its all-time high. The price movements of WLD indicate significant interest from the market, especially during attempts to increase prices in April, May, and July. However, recent performance reflects weak demand.

WLD Price Action | Source: Bitcoin MagazineWLD has also experienced one of the largest token unlocks in recent history, with the circulating supply increasing to 300 million WLD within 2 months. This increase corresponds to a 20% rise in the total token supply, leading to the potential for price dilution.

Although the strong increase in token supply may have affected the price, the recent decline has brought it closer to historical lows. This is enough for investors to notice the significant drop, especially in the context of recent changes in user growth and support for stablecoins that are trending positively.

These data show the balance that WLD is having to strike. On one hand, the price drop and network activity may attract investors. On the other hand, criticism from China has highlighted ongoing concerns about the project's unique approach.

Mr. Giáo