🔗 What is WalletConnect (WCT)?
WCT is the native ERC‑20 token powering the WalletConnect protocol, a secure, encrypted bridge for connecting crypto wallets to thousands of decentralized apps via QR codes or deep links. It runs on Optimism, backed by Ethereum’s security and high interoperability across over 300 chains and 600+ wallets .
🏗️ Infrastructure & Utility
WalletConnect operates via a decentralized network of service and gateway nodes using rendezvous hashing. WCT tokens are used for governance, staking (“mailboxes” store session messages), and rewarding node operators for uptime and performance . Total supply caps at 1 billion, with allocations for foundation, airdrops, team, and incentives .
📊 Price Outlook & Predictions
Near-term (mid‑2025): CoinCodex forecasts average around $0.35–$0.36, with monthly gains of ~17–29% .
Mid-term (2026–2027): Estimates vary widely—from $0.42 average in 2026 to $0.55 by 2027 (CoinCodex), with conflicting Sell/Bearish sentiment from platforms like SwapSpace and Gov.Capital .
Long-term (2030): Cautious growth projected: $0.56–$0.69 by Binance and SwapSpace; some optimism with potential upside above $0.80 (Gate.io) .
✅ Summary
WCT underpins a foundational Web3 infrastructure with real utility—governance, staking, and cross‑chain comms. While short‑term forecasts are mixed, mid- to long-term outlook leans positive, with prices ranging from $0.35 to $0.80+ by 2030.
*Note: Crypto is volatile—do your own research before investing!*
