$WCT WalletConnect launches on Solana
Five million WCT tokens for an airdrop
Seamless token transfers enabled
Solana trading activity surges
Top Solana apps adopt WCT
WalletConnect has launched its native WCT token on Solana, following previous integrations with Ethereum and Optimism. The expansion introduces a $5 million airdrop campaign targeted at active Solana users through key partners. This move strengthens WalletConnect’s multichain support and aims to improve user experience on Solana-based applications.
$WCT Launch Boosts WalletConnect’s Multichain Utility
WalletConnect deployed WCT on Solana using Wormhole’s Native Token Transfers (NTT) to ensure seamless cross-chain compatibility. This allows users to move WCT tokens natively between Solana, Ethereum, and Optimism without wrapping. The system maintains a fixed total supply by burning tokens on the origin chain before minting on the destination.
Reown, the team behind WalletConnect, confirmed that Solana users can expect reduced transaction fees and faster processing times. These benefits aim to support a broader range of decentralized applications integrated with the WalletConnect protocol. Additionally, the token is expected to enhance utility through governance and staking on supported chains.
Solana applications such as Drift, Marinade, Kamino, and Backpack have already integrated WalletConnect via Reown’s AppKit. This development enables them to support WCT, unlocking trading and other token functionalities natively. WalletConnect plans to expand further into ecosystems aligned with its focus on user experience and onchain engagement.Airdrop Targets Phantom, Backpack, Solflare, and Jupiter Communities
To support the launch, WalletConnect will airdrop 5 million WCT tokens to users on Solana. The airdrop will be distributed through partnerships with Phantom, Backpack, Jupiter, and Solflare wallets. The Solana campaign marks the second major airdrop after a previous 50 million token distribution to WalletConnect users. #writetoearn #WalletConnect
