The team #WalletConnect ($WCT) has ambitious plans for further decentralization of its network, expanding the ecosystem, and strengthening the utility of the WCT token. This will reflect on the coin through increased usage, higher demand, and potentially, value.
Here are the main directions the $WCT team is moving towards and how this may impact the token:
Main plans and directions for the development of $WCT:
* Decentralization of the network @WalletConnect
* Transition to open Service Nodes: The team is moving towards a fully decentralized network in stages. This will start with permissioned Service Nodes that will gradually become open to any stakers. This means more participants will be able to launch nodes, supporting the network's operation.
* Increase in the number of node operators: The goal is to significantly increase the number of node operators by mid-2025, which will enhance the network's resilience and reduce dependence on centralized infrastructure.
* Impact on the coin: The more nodes there are, the more decentralized and secure the network becomes. This increases trust in the protocol and, consequently, in the WCT token. Staking WCT for node operation will stimulate demand for the token.
* Strengthening on-chain governance:
* Progressive opening of governance: Governance will be gradually opened, starting with proposals and voting by token holders. As new nodes connect, control over the treasury and protocol changes will be transferred to the community. On-chain governance began to launch in Q2 2025.
* Impact on the coin: WCT is a governance token. WCT holders will be able to influence important decisions regarding network development, fee structure, and strategic initiatives. This gives the token real value and encourages long-term ownership.
* Improving user experience (UX) and functionality:
* SDK optimization: The team is focused on reducing friction, especially on mobile devices, by optimizing the SDK for smoother transactions, reduced latency, and cross-chain support.
* Support for account abstraction and "intent-oriented" communication: This aims to enhance the security and convenience of connections, making them smarter.
* Impact on the coin: The more user-friendly and secure WalletConnect is for users and developers, the wider its application will be in the Web3 ecosystem. This will increase demand for services paid in WCT and its value as a fundamental element of infrastructure.
* Ecosystem expansion and integration:
* Deep integration with Binance: WalletConnect was launched through Binance Launchpool, and the team is actively exploring deeper integration with Binance Wallet, Launchpad, and API for institutional flows.
* Expansion to other blockchains: WalletConnect has announced its expansion to Solana and will conduct an airdrop of 5 million WCT for users in the Solana ecosystem.
* Growth of partnerships: WalletConnect is already integrated with over 600 wallets and thousands of dApps. Further expansion of partnerships with flagship wallets and leading DeFi projects.
* Impact on the coin: The more platforms, wallets, and dApps that integrate WalletConnect, the greater the network effect will be. This increases the utility of WCT as a means of payment for network services and stimulates demand. Airdrops on new blockchains also attract new users to the WCT ecosystem.
* Development of the developer ecosystem and SDK:
* Improvement of documentation and onboarding: Enhancing documentation, onboarding processes, and providing templates to accelerate integrations.
* Grant programs: Allocation of grants for teams creating projects on the WalletConnect infrastructure.
* Impact on the coin: An easier development process and financial support stimulate the creation of new dApps and services using WalletConnect. This leads to an increase in the number of protocol users and, accordingly, an increase in demand for WCT.
* Tokenomics and rewards:
* Staking: WCT can be staked to secure the network and decentralize, earning rewards. In Q4 2024, staking incentives began, with 17.5% of the total WCT supply allocated for several years.
* Performance rewards: WCT is used to reward validators and node operators for maintaining network security and high performance.
* Fees: WCT will be used to pay for network services and premium services, ensuring sustainable funding for the protocol.
* Airdrops: 18.5% of the total WCT supply is allocated for several seasons of airdrops (2024-2025) to reward network participants.
* Impact on the coin: Staking and reward mechanisms lock tokens out of circulation, reducing the available supply. Using WCT for fees and access to services directly increases demand. Airdrops contribute to the distribution of the token among potential users.
Overall impact on the coin $WCT:
All these plans point to a strategy aimed at long-term growth and increased utility of the WCT token. As WalletConnect becomes more decentralized, functional, and integrated into the broader Web3 ecosystem, the demand for its native token WCT is likely to grow.
* Increase in demand: The expansion of the WalletConnect protocol, new partnerships, and the growth of dApps and activities on Binance and Solana will contribute to an increase in demand for WCT.
* Decrease in supply (through staking): Staking and reward mechanisms will encourage users to lock their tokens, which will reduce the circulating supply in the market.
* Enhanced utility: WCT is becoming an integral part of network governance, service payments, and reward earning, making it not just a speculative asset, but a token with real utility.
* Volatility: Like any young altcoin, WCT may be subject to significant price fluctuations, especially in light of news about integrations, listings, and airdrops.
Overall, the roadmap of the team $WCT aims to create a more stable, secure, and widely used infrastructure for Web3, which should positively impact the value and adoption of the WCT token in the long run.
