#WalletConnect Here’s a comprehensive analysis of **WalletConnect (WCT)** as of June 2025, covering its price trends, market performance, ecosystem utility, and future outlook:
---
### **1. Current Market Performance**
- **Price (June 19, 2025)**: **$0.352** (down **74.26%** from its all-time high of **$1.37** on May 31, 2025) .
- **Market Cap**: **$65.58M**, ranking #597 among cryptocurrencies .
- **24h Trading Volume**: **$48M–$51M**, reflecting moderate liquidity .
- **Circulating Supply**: **186.2M WCT** (18.6% of max supply of 1B) .
---
### **2. Price Trends & Predictions**
- **Short-Term (2025)**:
- **June 2025**: Bearish sentiment; price may drop to **$0.256** (-25% from current) .
- **Q3 2025**: Potential rebound to **$0.35–$0.40** by September .
- **Long-Term (2030)**:
- Bullish forecasts suggest WCT could reach **$1.16** (+241% ROI) by 2031 .
---
### **3. Key Utility & Ecosystem**
- **Core Function**: Secure protocol connecting wallets to dApps via QR codes/deep links, supporting **EVM, Solana, Cosmos**, and more .
- **WCT Token Use Cases**:
- **Governance**: Voting on protocol upgrades.
- **Staking**: Secure the network and earn rewards.
- **Fee Payments**: Used for network services .
- **Adoption**: **150M+ connections** across 600 wallets and 40K dApps .
---
### **4. Recent Developments**
- **Exchange Listings**: Listed on **OKX, MEXC, Bitget** in April 2025, boosting liquidity .
- **Regulatory Compliance**: Aligns with **GENIUS Act** for stablecoin-like transparency .
- **Decentralization Push**: Transitioning to a **community-governed model** via WCT staking .
---
### **5. Risks & Challenges**
- **Volatility**: High price swings (e.g., **-41.5% monthly drop**) due to speculative trading .
- **Competition**: Rivals like **MetaMask Snaps** and **Coinbase Wallet** could challenge market share.
- **Regulatory Uncertainty**: Potential scrutiny over governance tokens .
---
### **Conclusion & Outlook**
WalletConnect remains a **critical Web3 infrastructure** with strong ado
