WCT refers to the WalletConnect Token, the native utility token of the WalletConnect Network—a protocol that lets you securely connect crypto wallets to decentralized apps (dApps) via QR codes or deep links .
🔍 What Is WalletConnect?
WalletConnect originated in 2018 as a way to improve how wallets talk with dApps: a bridge that keeps your private keys secure, while letting you interact with apps across Ethereum, Solana, Cosmos, Bitcoin, and more . It now supports 150M+ connections, used by millions and integrated into over 57,000 dApps .
🪙 Token Overview: WCT
• Blockchain & Supply: WCT is an ERC‑20 token on the Optimism layer‑2 Ethereum network, capped at 1 billion tokens ; 186.2 million are currently circulating .
• Launch Timeline: Announced via Launchpool in April 2025, followed by exchange listings and becoming fully transferable from April 15 onward .
⚙️ Core Utilities
1. Staking: Lock up WCT for 1 week to 2 years to earn rewards—longer commitments yield higher returns .
2. Governance: Token holders can vote on key ecosystem decisions like fees, reward structures, etc. .
3. Node & Wallet Rewards: A share of tokens (≈17.5% of total supply) incentivizes high-performing node operators and wallets based on connection volume and uptime .
4. Future Fees: WCT may also eventually be used to pay network service fees, though current usage is fee‑free .
📈 Market Stats
• Price: ≈ $0.30 USD (~₨91.5 PKR) .
• Market Cap: ~$55–75M, with a 24h volume around $20–30M .
• Circulating Supply: 186.2M of 1B .
🌐 Why WCT Matters
WalletConnect is a foundational tool for Web3 interoperability and usability. WCT powers a decentralized ecosystem that encourages secure interactions, community governance, and performance-based rewards. As the network matures—becoming permissionless and potentially implementing relay fees—WCT’s utility is set to expand
