Latest Update by 💰 WalletConnect Token (WCT)
🔹 Solana Airdrop Hype
On June 13, WalletConnect & Jupiter announced 📢 a "5 million WCT giveaway" for Solana users (NFT holders & stakers). This caused a "quick 12% price jump", but the excitement faded as the market stayed volatile 🔃.
🔹 Price Rollercoaster 🎢
WCT is down "22% this week", but still up "114% from its April low". Trading volume is "very high" ⬆️ (126% of market cap), meaning people are still actively buying & selling.
🔹 Expanding to More Blockchains 🌐
WalletConnect now works on "Sui", connecting 600+ wallets & apps across chains. This could bring more users & demand for WCT in the long run.
🔹 New Tech Features:
✅ Smart Sessions: AI helps automate transactions, making crypto wallets smoother to use.
✅ New tools: New staking & voting tools are introduced to give holders more control.
🔹 What’s Next? 🤔
The airdrop brought short-term buzz, but real usage & adoption push prices up in the future.
If more people use WalletConnect for DeFi & cross-chain swaps, WCT could recover in upcoming days (Q3).
Conclusion:
Airdrop = temporary pump, but long-term growth depends on adoption & market conditions.
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