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WalletConnect—The Invisible Bridge for Web3 Interaction

1. The most intuitive and real data-driven powerful product capability (The data feedback from actual usage is the strongest support for the project)

- Scalable Coverage

As of March 2025, WCT's monthly active users surpassed 5 million, with over 20 million connections processed in a single month. In the past year, the user base grew by 27%, and the number of connections increased by more than four times. Its open-source nature and cross-chain compatibility make it the preferred connection solution for leading wallets like MetaMask, Trust Wallet, and Binance. As the core protocol connecting wallets and applications, WalletConnect has grown into the industry standard, covering over 600 wallets and more than 61,000 applications since its inception in 2018, facilitating over 275 million connections and serving 45 million users.

- WCT's Technological Moat

Through encrypted communication and QR code scanning mechanisms, WCT achieves secure interaction between wallets and DApps without exposing private keys, covering scenarios such as DeFi trading, NFT minting, and cross-chain asset transfers. Its v2 version upgrade further optimizes communication efficiency, while the introduction of a network of node operators (such as Consensys, Ledger, and 16 other institutions) enhances decentralization and risk resistance.

2. Expected to Address Core Pain Points in the Industry

Web3 has long faced the significant issue of "fragmented user entry points." WCT reduces developers' multi-chain adaptation costs through a unified connection layer. For example, a DApp only needs to integrate the WalletConnect SDK to connect to 600 different wallets, covering chains like Ethereum, Solana, and Cosmos. The "one integration, universally applicable" model significantly enhances ecological collaboration efficiency.