WalletConnect experienced tremendous growth and adoption throughout 2024, solidifying its position as a critical infrastructure provider in the Web3 ecosystem. Here are some of the most notable achievements:
Massive Network Expansion: The WalletConnect Network recorded a 340% increase in activity, growing from 41 million connections in 2023 to 179 million connections in 2024.
User Base Growth: The platform surpassed 4.1 million Unique Active Wallets (UAW), reflecting a 137% year-over-year increase.
Launch of the WalletConnect Token (WCT): WalletConnect introduced WCT in September 2024, facilitating decentralized governance and staking.
Decentralization Progress: The WalletConnect Network onboarded 16 node operators to distribute control and enhance network security.
Foundation Establishment: The WalletConnect Foundation was launched, laying the groundwork for a community-owned, decentralized network.
First Airdrop Campaign: In late 2024, WalletConnect distributed 50 million WCT tokens to reward early adopters and contributors. Learn more about the WalletConnect airdrop in our guide.
Feature Innovations: Introduced Smart Sessions, Link Mode, and One-Click Auth, enhancing user experience and security.
2025 will be even more bullish 🔥
