Worldcoin (WLD) surged 3.92% over 2 hours as part of a broader rally driven by institutional backing, AI narrative support, and technical trading dynamics. A key catalyst was Eightco Holdings disclosing a large WLD position of about 283.45 million WLD, around 8.4% of circulating supply, described as its largest allocation in the "digital identity + AI" sector. This disclosure coincided with WLD’s broader 24-hour gain of about +7.32%. Market commentary also linked the surge to "buzz around OpenAI’s Sora AI model" and Sam Altman’s co-founding of both OpenAI and Worldcoin, alongside growth in Orb-verified users. Near-term activity was driven by technical traders and concentrated CEX volume, with WLD among the highest-volume coins on Korean exchange Upbit "for many days," making 2-hour swings of a few percentage points fairly normal.