đč Recent Price Action
WCT is holding around $0.38, up slightly today (~+2%) .
It saw a peak near $1.37â$1.39 at the end of May and has since retraced about 70% .
đč Key Catalysts
1. Solana Ecosystem Airdrop
A 5âŻmillion WCT airdrop to Solana wallets (Phantom, Jupiter, etc.) in mid-May boosted network activity and price by ~21% .
2. Ethereum Integration & Binance Support
Binance added Ethereum WCT support and launched perpetual futures, improving liquidity and trading options .
đč Technical Highlights
Support: $0.37â$0.36
Resistance: $0.40â$0.43
Analysts suggest a breakout above $0.43 targeting $0.50â$0.60, but a drop below $0.36 could extend the bearish trend .
RSI is oversold and short-term indicators signal potential bounce .
đč Tokenomics & Outlook
Circulating supply ~186âŻM / 1âŻB total; vesting continues through November 2025, limiting supply pressure .
Mid-term predictions range $0.60â$0.96 with potential to test $1.25+, but a return to ATH would require strong market sentiment .
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Summary:
> "WalletConnect (WCT) ~âŻ$0.38 (+2%). PostâMay surge to $1.37â$1.39 retraced ~70%. Boosted by midâMay Solana airdrop & Ethereum ecosystem launch. Binance futures now live. Support sits at $0.36â0.37; resistance at $0.40â0.43. Indicators hinting at rebound; macro breakout could lead toward $0.60â$0.96 range if pattern holds. Vesting locked till NovâŻ2025 helps stability."