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#WalletConnect 🔐 WalletConnect & WCT – Gateway to Wallet Interoperability

What is WalletConnect?

It’s a decentralized, open-source protocol that enables seamless connections between wallets and dApps — powering over 278 million connections and 45 million unique users across platforms .

What is WCT?

WCT is WalletConnect’s native utility token used for:

Staking

Governance voting

Paying network fees

Incentivizing UX improvements in wallets and apps .

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📊 WCT Token Overview

Price: ~$0.334 (down ~2–4% in 24 h)

Market Cap: Around $62 million

Circulating Supply: ~186 million WCT

All-time high: $1.34 (May 31, 2025)

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🚀 Key Developments & Trends

1. Solana Expansion & Airdrop

WCT is now available on Solana via Wormhole’s Native Token Transfers.

A 5 million WCT airdrop will be given to active Solana users using wallets like Phantom and Jupiter — boosting multichain reach .

2. Rapid Growth & Volatility

The token surged ~276% since launch, with daily volume often exceeding $90 million — reflecting high interest .

3. Short-Term Pullback Alert

Some analysts anticipate a correction, forecasting a drop to ~$0.25–$0.30 in the near term .

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🧭 Why WCT Matters

Utility-driven token: Not just speculative — WCT supports real network services and DAO mechanisms.

Ecosystem growth: Multichain expansion (Ethereum, Optimism, Solana) broadens reach and use cases.

Community & governance: Token holders influence protocol direction and resource allocation.

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📌 Summary

Price point: ~$0.33–$0.34

Use cases: Staking, governance, fee payments

Momentum: Strong adoption via Solana airdrop and protocol utility

Watch factors: Upcoming token unlocks, ecosystem expansion, volume trends, and potential price corrections.

$WCT @WalletConnect