$WCT | #WalletConnect | @WalletConnect
For years, the Web3 community has advocated for decentralization, ownership, and inclusivity. Few protocols have delivered on those promises at scale but WalletConnect stands out. And now, it’s making its biggest leap forward yet: transitioning into a fully decentralized, community-governed network with the introduction of the token.
If you’ve ever used a Web3 app whether to trade DeFi, mint NFTs, or connect a wallet like MetaMask or Trust Wallet you’ve probably used WalletConnect. That small blue icon has quietly become the backbone of wallet-to-dApp connectivity, enabling safe and smooth interactions across blockchain networks.
Since 2018, WalletConnect has been the silent force powering more than 300 million secure connections for over 45 million users. Today, it supports 700+ wallets and over 61,000 applications facilitating upwards of 20 million wallet connections each month. March 2025 alone saw more than 18 million active sessions.
But now, WalletConnect is no longer just infrastructure it’s an open network. With the launch of $WCT, the protocol is decentralizing its core governance and services.
What Is $WCT and Why It Matters
The token plays a central role in shaping WalletConnect’s decentralized ecosystem. It’s more than just a token it’s the fuel for protocol operations and community decision-making.
Key utilities of WalletConnect include:
Transaction Fees: While fees aren’t live yet, the protocol allows for future monetization, determined by community vote.
Staking: Holders can stake WCT to help secure the network and earn rewards based on time and contribution.
Ecosystem Rewards: 17.5% of all WCT tokens are set aside to reward wallets, validators, and node operators based on network performance.
Governance: Token holders can vote on key changes from fee models to protocol upgrades.
WalletConnect in Numbers
The data behind WalletConnect’s ecosystem shows its maturity:
Over 300M total wallet connections
45M+ unique users
700+ integrated wallets
61K+ connected applications
106.5M WCT staked
142K+ token holders
18M sessions in March 2025 alone
Token Allocation & Ecosystem Growth
The WCT distribution is designed to incentivize all participants:
27% for foundation-led growth
18.5% for community airdrops
18.5% to the WalletConnect team
17.5% for staking and performance rewards
11.5% for early backers
7% for core development
This ensures that users, developers, and backers all benefit from protocol growth and engagement.
The Path to True Decentralization
The protocol began shifting toward decentralization in 2023 with the rollout of WalletConnect v2, introducing modular, scalable architecture. In 2024, leading industry node operators joined the network including Consensys, Ledger, Nansen, and others helping validate and protect network performance.
The recent community vote to enable token transferability was a key milestone: 12,000 users participated, and the result was overwhelmingly in favor of unlocking WCT transfers.
Rapid Growth, Permission less Participation
WalletConnect has grown from 3M monthly wallet users in March 2024 to nearly 4M by March 2025 a 27% year-over-year increase. Developer adoption is rising too, with over 62,000 applications now connected via the protocol.
Anyone can now stake WCT at staking.walletconnect.network, joining a decentralized network where participation is open to all.
What’s Next for WalletConnect
The future roadmap includes:
Enhanced wallet rewards and ecosystem grants
Smart session tools and abstraction layers
Full activation of decentralized gateways
Launch of a permissionless mainnet
Each step brings the protocol closer to its goal: a fully user-owned and community-driven Web3 connectivity layer.
Why This Matters for Web3
In a world full of fleeting hype, WalletConnect stands apart offering real infrastructure with proven value, wide adoption, and a clear plan to decentralize. Live since 2018, open-source, and trusted by the biggest names in Web3, WalletConnect is now handing control to the people who use it.
Whether you're a builder, investor, or everyday user this is your chance to own a piece of the protocol that connects the Web3 universe.
Stake. Participate. Help shape the future of blockchain connectivity.
#WalletConnect | @WalletConnect
For More Details
Stake here: staking.walletconnect.network
