$WCT touched 0.3661 USDT after steadily climbing above the 7-MA, signaling renewed strength 📈. Momentum remains positive as long as price holds above the key 25-MA at 0.3573. Bulls still need a decisive hourly close above 0.370 to spark fresh buying interest, though fading volume suggests caution.

📌 Trade Levels

Stop-Limit Entry: 0.3700 🚀

Stop-Loss: 0.3520 🔻

Take-Profit: 0.3890 🎉

Market Bias: Cautiously bullish above 0.357; a drop below flips sentiment back to range-bound.

🔗 WalletConnect: Linking Wallets & DApps

WalletConnect is an open-source protocol enabling secure connections between non-custodial wallets (MetaMask, Trust Wallet, etc.) and DApps via QR codes or deep links. Active since 2018, it supports multiple blockchains (Ethereum, Solana, Polkadot, Cosmos) with end-to-end encryption, now integrated into 600+ wallets and 40,000+ DApps, serving around 45M users.

🪙 WCT Tokenomics & Utility

Max Supply: 1 billion WCT

Circulating: ~186M (~18.6%)

Allocation:

Foundation: 27%, Team: 18.5%, Investors: 11.5%

Community Airdrops: 18.5%, Rewards: 17.5%, Core Devs: 7%

Core Functions:

Staking: Secure the network, earn weekly rewards, and boost stakeweight.

Governance: Propose and vote on fees, protocol upgrades, and elect council members via Snapshot and Discourse.

Fees: Future relay and service fees determined by WCT holders.

Rewards: Incentivize wallets, nodes, developers, and DApps.

🔐 Staking & Rewards

Started: Nov 26, 2024 (weekly rewards from Dec 19, 2024)

Max APY: ~22.9%

Stakeweight: calculated by token amount × remaining lock time (max ~2 years)

Easy-to-use staking interface; lock periods range from 2 weeks up to 2 years.

🗳 Governance & Decentralization

WalletConnect governance has multiple phases. Key milestones:

Q2/2025: Launch on-chain voting for major upgrades and council formations.

Councils: Partnerships, Technical, Administration, UX.

Recent Proposals:

Token Transferability Criteria (voting closed Mar 2025)

#WalletConnect @WalletConnect