🔗 #WalletConnect @WalletConnect
Seems like you’re referring to WalletConnect and not Waves Community Token (WCT).
WalletConnect is an open-source protocol that connects cryptocurrency wallets to dApps securely. It’s not a cryptocurrency.
It works as a bridge between wallets (like MetaMask, Trust Wallet) and dApps (like Uniswap, OpenSea) across 150+ blockchain networks including Ethereum, Solana, and Polygon.
It uses QR codes or deep linking to establish encrypted connections between a wallet and a dApp, ensuring private keys remain secure in the user's wallet.
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🪙 WCT Token
WalletConnect has its own utility token, WCT, used for:
✅ Staking
✅ Governance
✅ Rewards within its ecosystem
📉 As of June 19, 2025, WCT is priced at around $0.216 USD, with a market cap of $11,297,913.
🔻 WCT has dropped significantly from its high of $8.65 (Oct 2024) to $0.216 now.
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🔧 How WalletConnect Works:
Scan a QR code or click a deep link to connect a wallet
Transactions require manual approval (user-side)
Supports 6,000+ dApps and 500+ wallets
Works cross-device (mobile, desktop, browser)
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🔐 Key Features:
🔒 TLS + end-to-end encryption (no key sharing)
🌐 Multichain support
⚙️ Wallet-side session control