🧠【WCT In-Depth Review｜#WalletConnect 】

Project Overview

$WCT is the native token of the Web3 connection protocol WalletConnect. WalletConnect currently supports over 600 wallets and more than 40,000 dApps, with over ten million active connections each month, establishing its undeniable position as infrastructure.

Token Uses: Network Governance (DAO Voting), Node Incentives and Staking, In-Protocol Payments and Ecosystem Incentives

WalletConnect's key advantages lie in its network effects and role as a standard setter. Most projects prefer to connect with WalletConnect rather than competitors, and $WCT supports its governance and incentive ecosystem loop.

Future Outlook

Strong Fundamental Support: Web3 Traffic Entry

Level Infrastructure, with Clear Application Scenarios. Short-term pressure after liquidity release from airdrops, but with ecosystem expansion and strengthened governance, there is potential for an independent market trend in the medium term.

Greatest Potential: Unified Cross-Chain Entry Standard. If successful in bridging non-EVM ecosystems such as Solana and Cosmos, its value will far exceed the current stage.

Trend Assessment:

Short-term Fluctuation Adjustment: During the liquidity release period from airdrops, combined with market volatility, prices may repeatedly test support levels.

Medium-term Breakthrough Expectations: If governance proposals, node incentives, or universal wallet functions are launched, the valuation logic can be upgraded.

Long-term Growth Anchor: If WalletConnect continues to dominate the Web3 connection entry position, $WCT will become a protocol-level ticket.

Chip Distribution and Trading Rhythm:

On-chain observations indicate that whale addresses have completed the first round of cashing out; some whales have fled in the short term, but the overall distribution is highly decentralized; trading methods tend to be 'high turnover, low volatility,' aiming to create a stable upward structure and prevent market panic from large fluctuations;

Most platforms use 'ladder orders,' with strong selling resistance during price increases, indicating a heavy intent to control the market.