I’ve been keeping an eye on $WCT lately, and with the current price hovering around $0.31, it’s clear that WalletConnect is going through a short‑term correction. Trading volume remains solid—around $37–40 million daily on major venues—with active circulation at roughly 186 M tokens . After setting its all‑time high near $1.35 on May 31, 2025, the token is now down about 77 %, and this dip could be a subtle reflection of broader crypto market fatigue .
On the macro side, WCT is facing downward pressure in the last week (≈ –14 %) , but recent forecasts (CoinCodex) suggest we might see stabilization or even a modest uptick by July, with July trading expected to settle between $0.23–0.25 . That lines up with algorithmic price models from PricePredictions, which anticipate a bottoming pattern and potential bounceback in the short term—traders are showing interest in using this dip as a buying entry .
Fundamentally, WalletConnect is more than just a governance token. It’s the backbone for Web3 dApp–wallet connectivity, serving over 600 wallets and 40,000+ apps, with hundreds of millions of connections completed already . The project’s roadmap is rolling out staking, service‑node incentives, and decentralized governance—all of which could add structural demand for $WCT.
So here’s my take: short to mid‑term, $WCT is riding this market pause. It’s slipped from its ATH, but usage metrics and institutional adoption remain robust. If you're bullish on Web3 infrastructure, this dip might be your entry point. Of course, crypto is volatile, so risk management is key—watch for any macro shifts and token unlock schedules.
