WCT Volatility Surges After Solana Expansion, Airdrop and Partnerships Drive Record Trading Activity

WalletConnect Token (WCT) is currently trading at $0.5537 on Binance, with a 24-hour price change of -3.08% and robust trading volume, reflecting ongoing high liquidity and market activity. The recent price decline follows a period of significant volatility, which included a sharp surge to over $1.00 after the announcement of WCT’s expansion to the Solana blockchain and a major 5 million token airdrop targeting Solana ecosystem participants. This news, along with confirmed partnerships with Solana-native platforms such as Phantom and Jupiter Exchange, initially drove strong bullish sentiment and a rapid price increase. However, after reaching new all-time highs in late May 2025, the token has experienced a notable correction, with the latest pullback attributed to profit-taking and market normalization after the initial excitement around the Solana expansion and airdrop subsided. Despite recent short-term bearish pressure, WCT continues to see high trading activity and remains a key asset within the Web3 and DeFi ecosystem.