WCT Plunges 14% Amid $1B Volume, Major Binance Transfer, and Solana Integration Announcement

WalletConnect Token (WCT) is currently trading at $0.5658 on Binance, down 14.31% over the past 24 hours, with 24-hour trading volume exceeding $1 billion and a circulating supply of 186.2 million WCT. The recent sharp price decline follows a significant drop from its all-time high of $1.34 reached on May 31, 2025, and coincides with several notable events: a large transfer of 2.5 million WCT tokens to Binance, the launch of the 'Write to Earn WCT' campaign on Binance Square, and heightened trading activity from prominent traders. Additionally, the announcement of WalletConnect’s Solana integration and upcoming airdrop, while positive for long-term adoption, may have contributed to short-term volatility as traders react to new supply and shifting market sentiment. Overall, WCT remains highly volatile with strong market interest and active trading.