WalletConnect (WCT) launched its native token on February 4, 2025, with an initial ICO price of $0.20 per WCT on Optimism’s mainnet . Supported by a 1 billion total supply and public sales across CoinList, Bitget, and Binance Launchpad, the token debuted with strong distribution across investors, ecosystem incentives, and airdrop programs . At launch, the price hovered around the ICO level, but it soon rose to an all-time high of $1.37 on May 31, 2025, marking a 5× gain in under two months . After a short-lived rally, prices retraced and bottomed at $0.278 in mid-April, before consolidating around the $0.34 mark seen today . Throughout its first months, WCT earned attention through staking rewards, governance utility, and its role in powering over 150M on‑chain connections — growing the WalletConnect network into a cornerstone of Web3 interaction . As of now, WCT boasts a market cap near $64M, with 186M tokens in circulation, reflecting its transition from a promising launch to a mature, widely-used token in the crypto ecosystem .
