@WalletConnect tokan : Native token of the WalletConnect Network, used for governance, staking, reward distribution, and potentially network fees .
Became fully transferable on April 15, 2025, following a community governance vote. Initially non-transferable to protect early network stability .
📊 Key Metrics (approximate)
METRIC VALUE
Price ~$0.345 (up ~5–6% in past 24h)
Market Cap ~$65 million
Circulating Supply ~186 million WCT (~18.6% of max)
Max Supply 1 billion WCT
All-Time High ~$1.37 on May 31, 2025 (~3 weeks ago)
All-Time Low ~$0.28 on April 15, 2025
🚀 Recent Developments
$10 M funding raised to accelerate WalletConnect’s decentralization and on‑chain UX efforts, with WCT central to this push .
The token is actively being integrated across the Optimism, Ethereum, and Solana ecosystems .
💡 Why Use WCT?
Governance: holders can vote on network proposals, including future fee structures .
Staking & Rewards: users and service nodes can stake $WCT to earn rewards in return for securing the network .
Utility in Relaying: $WCT may be used to pay for future payment systems that fund relay services .
📈 Market Sentiment & Activity
Recent price recovery (~+5–6%) shows positive short‑term sentiment .
High 24‑hour volume (~$60 M–$140M) indicates strong liquidity.
