WalletConnect has become an indispensable infrastructure in the Web3 ecosystem, handling millions of secure connections between wallets and DApps daily. This open-source protocol enables seamless interaction through simple QR code scanning, ensuring security while enhancing user experience. Currently, over 500 mainstream wallets, including MetaMask and Trust Wallet, and thousands of DApps have integrated this protocol, supporting on-chain activities worth billions of dollars.
The design of the $WCT token cleverly combines protocol development with value capture. Holders can not only participate in governance decisions but also earn rewards through staking. With the launch of version V2, the utility of the token has further increased, as it can be used to pay for premium API service fees. Currently, about 40% of the circulating supply, along with the continuous expansion of the ecosystem, provides potential support for the token's value.
The project team comes from well-known companies such as Coinbase and ConsenSys and has the backing of professional investment institutions. With the rise of new technologies such as account abstraction, WalletConnect is evolving from a connection protocol to a Web3 identity layer. Against the backdrop of a continuously expanding user base in Web3, WalletConnect, as an industry standard protocol, demonstrates unique long-term value.