🌐 WalletConnect Token ($WCT ): Empowering the Future of Cross-Chain Connectivity
WalletConnect Token (WCT) is the native governance and utility token of the WalletConnect Network, a decentralized infrastructure connecting crypto wallets, decentralized applications (dApps), and users across multiple blockchains. With over 150 million connections and more than 23 million users, WalletConnect facilitates seamless interactions between over 600 wallets and 40,000 applications .
WCT serves as a key component in the WalletConnect ecosystem, enabling decentralized governance, staking rewards, and secure wallet-to-dApp interactions. The token plays a crucial role in securing the network via staking, rewarding active participants, and covering transaction fees within the ecosystem .
As of the latest data, WCT is trading at approximately $0.3148, with a market capitalization of $58.43 million and a circulating supply of 186.2 million tokens out of a total supply of 1 billion . The next token unlock is scheduled for November 15, 2025, releasing tokens to the team, which may impact the token's supply and market dynamics .
For those interested in participating in the WalletConnect ecosystem, the Season 1 airdrop offers an opportunity to earn WCT tokens. Eligibility requires creating a profile through the official airdrop page, authenticating with at least one wallet using the WalletConnect Network, and demonstrating activity through at least one connection or signature before September 12, 2024 .
Engaging with WalletConnect and its native token, WCT, provides users with a stake in the evolving landscape of decentralized finance and cross-chain interoperability.
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