The WCT token has made major headlines following its long-awaited transferability unlock on April 15, 2025. Initially distributed to contributors as a non-transferable token, WCT can now be freely traded and used across ecosystems, marking a key step in WalletConnect’s move toward decentralization. This development was paired with a high-profile Binance Launchpool campaign, where users farmed WCT prior to its official listing. The token quickly went live on major trading pairs such as WCT/USDT and WCT/BNB, drawing massive trading interest.
WCT’s momentum continued with its expansion to the Solana blockchain in May via the Wormhole bridge, enabling native transfers and announcing a 5 million token airdrop to active Solana users. However, market watchers flagged concerns as analytics revealed whale movements—most notably, GSR’s deposit of over 4 million WCT into Binance—causing an 11% price dip and sparking speculation of a sell-off. Despite this, community interest and ecosystem activity remain strong.
