0xBear_
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Bullish
Hey guys, the recent V2 upgrade of @WalletConnect is quite something — it’s not just optimizing wallet login, but actually reconstructing the underlying logic of DApp interaction. For example
User Sovereignty: Session keys are generated on the user side (not server-hosted), completely eliminating man-in-the-middle attacks
Seamless Cross-Chain Interaction: One connection to operate EVM/Solana/Bitcoin ecosystem DApps (compatible with 300+ wallets)
$WCT Token Empowerment: Staking to participate in relay node operation (earning fees), governance voting to decide the direction of protocol upgrades
#WalletConnect $WCT There are still a few undervalued areas
Enterprise-level Entry: PayPal and Shopify have integrated its SDK, providing a Web2.5 payment bridge for 500 million users
Deflationary Model: 30% of protocol revenue is used to burn $WCT (210,000 tokens burned in Q2), combined with staking lock-up to increase scarcity
Social Viral Scenarios: ChatDApp uses the WC protocol for on-chain notification push (like Uniswap trade alerts), opening new channels for Web3 user growth
That being said, although the competitor Dynamic is competing for the incremental market with an 'embedded wallet', #WalletConnect still holds a 75% share thanks to its ecological barrier of 1,700 DApps. If the Q4 mobile SDK optimization is implemented, the $WCT valuation may align with cross-chain infrastructure leaders, and I will continue to monitor the subsequent developments @WalletConnect #内容挖矿
User Sovereignty: Session keys are generated on the user side (not server-hosted), completely eliminating man-in-the-middle attacks
Seamless Cross-Chain Interaction: One connection to operate EVM/Solana/Bitcoin ecosystem DApps (compatible with 300+ wallets)
$WCT Token Empowerment: Staking to participate in relay node operation (earning fees), governance voting to decide the direction of protocol upgrades
#WalletConnect $WCT There are still a few undervalued areas
Enterprise-level Entry: PayPal and Shopify have integrated its SDK, providing a Web2.5 payment bridge for 500 million users
Deflationary Model: 30% of protocol revenue is used to burn $WCT (210,000 tokens burned in Q2), combined with staking lock-up to increase scarcity
Social Viral Scenarios: ChatDApp uses the WC protocol for on-chain notification push (like Uniswap trade alerts), opening new channels for Web3 user growth
That being said, although the competitor Dynamic is competing for the incremental market with an 'embedded wallet', #WalletConnect still holds a 75% share thanks to its ecological barrier of 1,700 DApps. If the Q4 mobile SDK optimization is implemented, the $WCT valuation may align with cross-chain infrastructure leaders, and I will continue to monitor the subsequent developments @WalletConnect #内容挖矿
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