WalletConnect (WCT) is seeing a lot of activity with recent updates including Solana expansion and airdrops, and integration with the Ethereum network. WCT is also becoming more widely supported by exchanges and is becoming more transferrable, with some allocations unlocking in November.
Here's a more detailed breakdown:
Solana Integration and Airdrop: WalletConnect expanded its ecosystem to Solana in mid-May 2025, launching a 5 million WCT airdrop for users of popular Solana wallets. This event caused a spike in WCT's price.
Ethereum Network Integration: WCT is now integrated with the Ethereum network, making it a multi-chain governance and utility token.
Increased Exchange Support: WCT is seeing more listings and support from major exchanges.
Transferability: WCT is becoming transferable, marking a new phase for the token.
Token Unlocks: A portion of WCT tokens are unlocked, with more scheduled to unlock gradually from November 2025 onwards, according to a structured vesting schedule.
Price and Trading: WCT's price has been fluctuating, with some predictions suggesting potential growth. Binance Futures has also introduced WCT futures trading, which may appeal to active traders.
Future Focus: WalletConnect aims to build a future where value flows freely and is chain-agnostic, integrating real-world assets (RWAs) and solidifying WCT's role.