The WalletConnect Token (WCT) is the native cryptocurrency of the WalletConnect Network, a decentralized protocol designed to facilitate seamless and secure connections between wallets and decentralized applications (dApps) across multiple blockchains.
What is WalletConnect Token (WCT)?
WalletConnect is an open-source protocol that enables users to connect their crypto wallets to dApps, supporting over 150 million connections for more than 23 million users across 600 wallets and 40,000 app projects on various blockchains. The WCT token powers this ecosystem, acting as a utility and governance token to incentivize participation and drive decentralization. Launched on Optimism’s OP Mainnet, WCT leverages Ethereum’s security and Optimism’s scalability for fast, cost-efficient transactions.
> Market Performance (as of June 2, 2025)Price: Approximately $0.5152–$0.6138 USD, with a 24-hour trading range between $0.5109 and $0.5955.
> 24-Hour Trading Volume: Between $354.46 million and $1.24 billion, though some sources report a significant decline (-71.4%) in recent activity.
> Market Cap: Approximately $95.94 million–$113.79 million, ranking WCT between #345 and #477 among cryptocurrencies.
* Price Trends:
All-time high: $1.34 (May 31, 2025).
All-time low: $0.2814 (April 16, 2025).
Recent performance: Down 8.8%–44.62% in the last 24 hours and 19.9% over the past 7 days, underperforming the global crypto market (-4%) and Ethereum-based tokens (+12.7%).
* Notable Activity: WCT saw a 276.8% price surge in the past month, driven by Solana expansion news and airdrop anticipation, though it faced a 46% correction due to profit-taking.
