As of May 30, 2025, WalletConnect Token ($WCT ) is trading at approximately $1.03, with a 24-hour trading volume of $1.37 billion and a market capitalisation of $185 million.
What is WCT?
WCT is the native utility token of the WalletConnect Network, a protocol that facilitates secure connections between crypto wallets and decentralised applications (dApps) across multiple blockchains. Launched on the Ethereum network as an ERC-20 token, WCT serves multiple purposes:
Governance: Token holders can participate in decision-making processes affecting the WalletConnect ecosystem.
Staking: Users can stake $WCT to earn rewards and support network security.
Transaction Fees: WCT is used to pay for services within the WalletConnect Network.
Recent Developments
On May 30, 2025, Binance completed the integration of WCT on the Ethereum network, opening deposits and withdrawals for users.
Additionally, WalletConnect announced plans to integrate WCT with the Solana blockchain, enhancing cross-chain interoperability and expanding its reach within the decentralised finance (DeFi) space.
Why Consider Investing in WCT?
Rapid Growth: Since its debut on Binance on April 15, 2025, WCT has experienced significant price appreciation, reflecting growing investor interest.
Strong Utility: WCT’s role in governance, staking, and transaction fees underscores its integral function within the WalletConnect ecosystem.
Expanding Ecosystem: With ongoing integrations and partnerships, WCT is poised to play a pivotal role in the evolving landscape of decentralised connectivity.
Conclusion
WalletConnect Token ($WCT ) represents a compelling opportunity for investors seeking exposure to a token with strong utility, active development, and a growing ecosystem. As the demand for seamless and secure connections between wallets and dApps continues to rise, WCT is well-positioned to capitalise on this trend.
Please conduct your own research and consider your risk tolerance before investing.
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