WCT Surges 13% Amid Solana Expansion and Major Airdrop

WalletConnect Token (WCT) is currently trading at $0.6668 with a 24-hour opening price of $0.5876, reflecting a 13.48% increase over the past day. Trading volume has surged to approximately $197–213 million, and the market capitalization stands near $119–123 million, with a circulating supply of 186.2 million WCT and a total supply of 1 billion.

The recent price increase and heightened trading activity are primarily attributed to WalletConnect’s expansion of WCT to the Solana blockchain, which was announced on May 24, 2025. This launch included a 5 million WCT airdrop for active Solana users through major wallets such as Phantom, Jupiter, Backpack, and Solflare, drawing significant attention and participation. Additional momentum came from recent incentive campaigns, including a 10 million WCT 'Learn and Earn' initiative and previous exchange listings, all contributing to increased demand and liquidity for WCT in the market.