WCT $WCT is now fully transferable. According to the official docs, starting April 15, 2025, token holders could freely move WCT between wallets and exchanges.
Chain expansion: WCT is being launched on the Solana ecosystem via the Wormhole Native Token Transfers (NTT) standard. A claim of 5 million WCT was announced for Solana users.
Token unlocks & vesting: Data show that a sizeable portion of WCT supply is still locked/unreleased, with schedule-details tracked by analytics platforms.
Token utility updates: WCT serves multiple functions — governance, staking, rewards, and potential future network fees.
📊 Current Metrics
Circulating supply: ~ 186 million WCT.
Max supply: ~ 1 billion WCT.
Price: Around $0.165 USD (varies by market) per latest quote.
Market sentiment & forecast: Some services show a bearish short-term outlook, predicting a potential drop toward ~$0.12 by late 2025.
✅ What’s Positive
The move to multichain (Solana + others) broadens utility and reach of WCT.
Having full transferability is a key milestone — allows liquidity, external exchange flows, more flexibility for holders.
The token’s utility is real (governance, staking, rewards) and tied to a widely used protocol (WalletConnect Foundation).
⚠️ Risks & Things to Watch
With only ~18-20% of total supply circulating, large unlocks in the future may create downward pressure.
Even with expansion news, the price remains modest and market sentiment appears weak in the short term.
The success of the token depends on the underlying protocol’s growth (wallets, dApps, chains) — if usage stalls, token utility may suffer.
Forecasts suggest potential declines. For instance, one projection sees WCT falling toward ~$0.12 in the coming months.
🔭 What to Monitor Next
Unlock & vesting schedule: Track when “locked” tokens become circulating, and how that affects market supply.
Multichain roll-out progress: How many new chains support WCT, how many users from those chains claim associated incentives.
Governance & staking activation: When more features become live and holders begin voting or staking in larger numbers.
Protocol usage metrics: Growth in number of wallets, connections, apps using the WalletConnect Network — this drives real token demand.
Market sentiment & macro crypto conditions: General crypto market health will influence WCT strongly.
