In the vast realm of cryptocurrency, new projects are constantly emerging, attempting to reshape the industry landscape. Today, let's delve into the highly anticipated WalletConnect Token (WCT) and see how it brings new vitality and transformation to the Web3 world 🚀.

1. What is WCT?

WCT is the native utility token of the WalletConnect network. Founded in 2018, WalletConnect has become an important bridge connecting cryptocurrency wallets with decentralized applications (dApps) as a decentralized protocol. It has achieved over 150 million connections for more than 23 million users through end-to-end encryption technology, occupying a pivotal position in the Web3 ecosystem.

Launched in 2024, WCT is a crucial step for WalletConnect towards decentralization. As a utility token, it empowers the community to participate in governance, staking, and other network activities, closely linking the incentive mechanisms of participants with network development, ensuring that the network continuously evolves towards a collective vision.

2. Core Functions and Advantages of WCT

Governance Rights: WCT holders possess significant decision-making power, allowing them to vote on key matters such as protocol upgrades and fee models, gradually pushing the network towards a decentralized autonomous organization (DAO) governance model, truly realizing community-led network development.

Staking Rewards: Staking WCT allows participation in the distribution of network reward pool earnings, with annualized yield dynamically adjusted based on staking duration and weight. This not only provides holders with opportunities to earn rewards but also enhances the stability and security of the network.

Rich Utility Scenarios: WCT can be used to pay for cross-chain communication fees, unlock advanced features such as multi-chain asset management, and enhance user experience in the Web3 ecosystem.

Cross-Chain Compatibility: The WalletConnect protocol supports over 50 public chains, including Ethereum, Solana, Cosmos, and Bitcoin. Its 'chain-agnostic' design philosophy covers over 600 wallets and more than 61,000 applications, becoming the 'connecting hub' of the Web3 ecosystem, with WCT playing a core role in this massive cross-chain network.

3. Market Performance of WCT

Since its launch, WCT's market performance has been remarkable. As of July 2025, its circulating supply is 186.2 million (18.62% of the total supply of 1 billion), with a considerable circulating market value. Although the price trend has fluctuated, it has shown an overall upward trend, surging after being listed on Binance Launchpool in April 2025, attracting the attention of many investors.

Four, Future Outlook

With the continuous expansion of the Web3 ecosystem, the prospects for WCT are bright. In the future, the WalletConnect Foundation plans to activate more governance tools for WCT holders, launch token-based incentive mechanisms, attract more applications, wallets, and users to participate, and further expand the availability of WCT on more blockchains.

In addition, WCT has successfully expanded to the Solana network and plans to airdrop 5 million WCT to eligible Solana users, further increasing its user base and ecological influence.

If you also believe in the future of Web3 and the power of decentralized connections, pay attention to WCT, this rising star 🌟. It may bring you unexpected investment opportunities and a unique experience in participating in Web3 innovations.

#WalletConnect $WCT @WalletConnect