Why is #WalletConnect the invisible champion of Web3 infrastructure? An in-depth analysis of @WalletConnect
Recently, I seriously studied the protocol design of @WalletConnect and couldn't help but sigh at its strategic value at the Web3 entry level! As an open standard connecting wallets and DApps, it addresses the core pain point of cross-chain interaction: no centralized custody is required, and users can authorize transactions simply by scanning a QR code, making it both secure and convenient.
Why focus on $WCT ?
1. Governance and Empowerment: Holders of $WCT can participate in protocol upgrade voting and may capture ecosystem fees in the future (such as relay network revenues).
2. Multi-chain explosive dividends: With the surge of on-chain DApps such as Solana and Cosmos, the demand for the universality of WalletConnect will grow exponentially.
3. Team Execution: The V2 upgrade has already supported multi-chain namespaces, with a clear technical roadmap.
💡 My observation:
- Is the current price undervalued? Compared to other infrastructure tokens, WCT still has room for market cap growth.
- Risk points: Competition challenges (such as Web3Auth), and continuous attention is needed for adoption rate data.
🤔 What do you think?
- Do you often use WalletConnect? What experience issues have you encountered?
- Will long-term holders consider staking $WCT ?