$WCT | #WalletConnect | @WalletConnect
For years, the Web3 world has pushed toward the ideals of decentralization, ownership, and open participation. But few infrastructure projects have truly embodied that vision at scale. WalletConnect is one of the rare exceptions—and now it’s taking its most significant step forward yet.
If you’ve connected to a DeFi platform, purchased an NFT, interacted with a staking dashboard, or used a Web3 app, chances are you’ve already relied on WalletConnect. It is the standard for connecting wallets to apps across the blockchain ecosystem. That small blue logo, instantly recognizable in MetaMask, Trust Wallet, Binance, Polymarket, and Jupiter, has become synonymous with secure, seamless, and reliable connectivity.
Since 2018, WalletConnect has functioned as the invisible layer quietly powering Web3. Today, it is responsible for over 300 million secure connections for more than 45 million users across 700+ wallets and 61,000 integrated apps. It currently facilitates over 20 million wallet connections every month. In March alone, WalletConnect enabled over 18 million sessions across the top eight wallets.
But the mission doesn’t end with robust infrastructure. Now, WalletConnect is transitioning into a fully decentralized, permissionless, and community-owned protocol—with the launch of its native token, $WCT.
The Role of $WCT in the WalletConnect Network
The WalletConnect Token ($WCT) is the backbone of this next evolution. It is designed to incentivize, govern, and sustain the network as it decentralizes.
The token has four major utilities within the ecosystem:
Fees: WCT will serve as the unit of payment for network services. While WalletConnect currently does not charge fees, the decentralized governance model will enable the community to decide on a fee structure—potentially based on monthly active users (MAU) for app connections.
Staking: WCT holders can stake their tokens to support the network’s resilience and decentralization. Staking rewards are distributed from a dedicated pool and scale with stake size and duration. This structure encourages long-term commitment and secures the integrity of the network.
Rewards: Seventeen and a half percent (17.5%) of the total WCT supply is allocated to reward network participants—such as wallet providers, node operators, and contributors—based on their performance metrics like uptime and latency.
Governance: WCT holders will be able to propose, debate, and vote on critical protocol decisions. This includes governance over fee structures, reward distribution policies, and other protocol upgrades, ensuring that the network evolves in alignment with the needs of its community.
The Numbers Behind the Ecosystem
The figures speak to WalletConnect’s maturity, adoption, and foundational role in Web3:
Over 300 million connections powered across all chains
More than 45 million unique users
700+ integrated wallets and 61,000+ applications
106.5 million WCT staked to date
Over 142,000 WCT holders actively supporting the protocol
18 million wallet connections facilitated in March alone
WalletConnect is not another new protocol trying to find product-market fit. It is a proven, widely-adopted infrastructure layer that is now opening its governance and incentives to the community.
Token Distribution and Ecosystem Incentives
The tokenomics of WCT are structured to ensure sustainable growth and active participation:
WalletConnect Foundation (27%): Allocated for ecosystem development, partnerships, grants, and operations
Airdrops (18.5%): Reserved for distributing to users, apps, wallets, and node operators
Team (18.5%): Reserved for core team members
Rewards (17.5%): Designated for staking and performance-based incentives
Backers (11.5%): Allocated to early supporters and strategic contributors
Core Development (7%): For ongoing protocol upgrades and tooling
This structure ensures that both long-term builders and everyday users are incentivized to contribute to the protocol’s success.
WCT Transferability Vote
The community has overwhelmingly voted in favor of enabling token transferability. Out of 12,000 participating users, the 'Yes' vote received 1.7 million stake-weight compared to just 6,100 stake-weight for 'No'. This result highlights the strength of consensus and trust in the protocol's roadmap, setting the foundation for further decentralization and token utility.
Network Evolution and the Road to Decentralization
WalletConnect’s journey toward decentralization is strategic and ongoing. The protocol began its transition in 2023 with the release of version 2 of the network. This upgrade laid the groundwork for modular, scalable, and chain-agnostic infrastructure.
In 2024, the protocol took its next step by introducing node operators into the network. These include industry leaders such as Consensys, Ledger, Kiln, Nansen, Everstake, Figment, Arc, and Reown. Together, these operators help secure the network, validate performance, and ensure continuous uptime across the connectivity layer.
As decentralization progresses, the role of the community will become central. Staking, governance, and protocol evolution will no longer be controlled by a foundation or core team but rather by a distributed base of stakeholders.
User Growth and Wallet Adoption
Unique monthly wallets have grown from 3.0 million in March 2024 to 3.9 million in March 2025—representing a 27% year-over-year increase. This growth showcases WalletConnect’s expanding reach and relevance across the global Web3 ecosystem.
Participation is Now Permissionless
WalletConnect’s infrastructure has already touched millions of users and connected nearly every major wallet and application in the Web3 ecosystem. With the introduction of WCT, participation in that infrastructure becomes permissionless.
Users, builders, and contributors can now stake WCT to support the network and shape its future. The staking process is live and accessible at staking.walletconnect.network. The flow is simple, open, and designed for users of all experience levels.
This marks a significant shift—from passive usage of connectivity tools to active governance and ownership of the connectivity layer itself.
Application Integration
In terms of ecosystem integration, the WalletConnect Network has now connected 62,400 app projects, up from 61,500 in the previous period. This steady growth in developer adoption signals high confidence in the reliability, documentation, and open-source infrastructure that WalletConnect provides.
Top Wallets by User Connections
WalletConnect powers nearly every major wallet in the Web3 space, including Trust Wallet, MetaMask, OKX Wallet, Bitget Wallet, and TokenPocket. The protocol has become synonymous with reliability and ubiquity in user experience across chains and applications.
Looking Ahead: $WCT Roadmap
WalletConnect’s roadmap is ambitious, yet grounded in technological innovation. The upcoming phases include:
- Wallet Rewards Phase 2 and WalletConnect Grants
- Launch of New Ecosystem 1 and Smart Sessions
- Chain Abstraction and Fee Mechanism activation
- New Ecosystem Launch 2
- Gateway Decentralization
- Launch of a fully Permissionless Mainnet
Each phase is designed to enhance protocol performance, decentralize operations, and hand over power to the WalletConnect community.
Why WalletConnect Matters Now More Than Ever
In a Web3 landscape crowded with speculative projects and short-term momentum tokens, WalletConnect offers something fundamentally different: infrastructure with proven utility, measurable adoption, and a clear roadmap for decentralization.
WalletConnect has been live since 2018
It is open source and transparent
It is widely integrated across wallets and dApps
It is trusted by users, developers, and node operators alike
It is transitioning to full community ownership via WCT
The combination of history, resilience, scale, and transparency makes WalletConnect one of the most credible Web3 protocols entering the token economy.
Final Thoughts
Web3 needs more than hype—it needs infrastructure that works, scales, and is built to last. WalletConnect is already that infrastructure. Now, it is offering its users the ability to participate, govern, and earn through $WCT.
Whether you are a developer integrating wallets, a user navigating the onchain world, or a validator securing the network—WalletConnect is the protocol you’ve likely relied on without realizing it. With the launch of WCT and the shift to decentralized governance, the opportunity to shape the future of connectivity is now open to all.
Stake your WCT, support the network, and be part of the protocol powering the next phase of the internet.
Stake now: https://staking.walletconnect.network/
Explore the network: https://profile.walletconnect.network/
