$WCT The token known as WalletConnect (WCT) serves a crucial role in the governance and functionality of the WalletConnect protocol: a framework that promotes secure interactions between digital wallets and decentralized applications without compromising private keys.
This valuable token has established itself as an essential instrument in the Web3 space, facilitating smooth interoperability between blockchain technologies.
The governance token, WCT, empowers users to participate in voting on proposals, earn rewards through staking, and contribute to the future trajectory of the protocol. With over 38 million users globally and a funding raise of 23.5 million dollars by early 2025, the growing significance of the project positions WCT as a potential long-term player in the cryptocurrency landscape.