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🚀 WCT Token Gains Momentum with Incentives from Binance Square
Binance Square has launched a new phase of its “Write to Earn” initiative, offering content creators up to 100% bonus commission in WCT token vouchers. This initiative aims to enhance engagement and trading activity, fostering a vibrant creator economy. The event runs from May 26, 2025, to June 30, 2025, with rewards based on the trading volume generated by creator content.
**Key Highlights:**
* **Top 10 Creators**: Eligible for **100% bonus commission** paid in WCT tokens.
* **Reward Cap**: Each creator can earn up to **$5,000 in WCT** during the event.
* **Content Formats**: Short articles, long articles, videos, polls, or audio live streams focusing on WCT-related content.
🌐 **WCT Expands to Solana and Plans Airdrop**
WalletConnect has announced the deployment of WCT on the **Solana blockchain**, enhancing its cross-chain capabilities. To celebrate this expansion, a **5 million WCT airdrop** is planned for active Solana users, aimed at increasing the adoption and utility of the token.
📊 **WCT Market Overview**
* **Current Price**: Approximately **$0.65**
* **Market Cap**: Approximately **$119.74 million**
* **24-Hour Trading Volume**: Approximately **$105.14 million**
* **Circulating Supply**: Approximately **186.20 million WCT**
🔍 **Technical Analysis**
WCT has shown significant growth, with a **49.10% increase** over the past 30 days. The token's price structure indicates a bullish trend, with higher lows forming an upward trend line. Key support levels are between **$0.413 – $0.377**, which is a crucial area to monitor for potential reversals. ([Binance][9])
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### 🧠 **Understanding WCT**
WCT is the native utility and governance token of the **WalletConnect network**, facilitating secure connections between wallets and decentralized applications (dApps) across various blockchains, including Ethereum and Solana.
📌 **Conclusion**
The combination of Binance Square's incentive program and WalletConnect's expansion to Solana makes WCT a growing utility token and a token for community participation. Both content creators and traders may find opportunities in participating in ongoing activities and monitoring WCT market dynamics.
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