#WalletConnect

In July 2025, WalletConnect is a widely used protocol for connecting wallets to dApps, and its native token, $WCT, is gaining traction. While some see WCT as a promising investment due to WalletConnect's strong fundamentals and increasing adoption, others are cautious due to the token's recent launch and potential volatility. 

WalletConnect's Role and Growth:

WalletConnect is a de facto standard for connecting wallets to dApps, facilitating over 15 million monthly connections across 300+ blockchain networks. 

The protocol has facilitated over 240 million connections since 2018 and serves over 40 million unique wallets across 58,000+ apps according to Binance. 

WalletConnect's core utility lies in its ability to bridge wallets, apps, and blockchains, enabling seamless interaction with decentralized applications. 

WCT's Performance and Potential:

$WCT, launched on Binance Launchpool, is the governance token for WalletConnect. 

The token's price has seen some volatility, including a sharp drop in May 2025 followed by potential buying opportunities. 

Technical analysis suggests a neutral to bearish trend in the short term, but also potential for upward movement if validated by increased volume. 

Some analysts predict significant growth for WCT, citing its strong fundamentals, increasing utility, and potential for further adoption. 

Others suggest caution due to the token's recent launch and potential for speculative trading. 

Factors Influencing WCT's Future:

Adoption:

Continued growth in WalletConnect's user base and integration with more dApps and blockchains will be crucial for WCT's success. 

Token Utility:

The introduction of new use cases and utility for WCT beyond governance could drive demand and price appreciation. 

Market Sentiment:

General cryptocurrency market sentiment and investor confidence will also play a role in WCT's price trajectory.