WalletConnect is easy to use and can connect wallets 💵
WCT, as the native token of the WalletConnect network, is deeply tied to its value logic and ecological development. From the perspective of underlying architecture, the WalletConnect protocol has achieved compatibility with over 50 public chains, covering more than 600 wallets and 61,000 applications, creating a crucial connection layer for the Web3 ecosystem, which provides a solid application foundation for WCT.
In terms of economic model, the circulation of WCT is 186.2 million (accounting for 18.62% of the total supply), forming an ecological closed loop through governance rights and staking incentive mechanisms. Holders can participate in major decision-making of the protocol, and the staking behavior achieves a balance between network security and participant returns through a dynamically designed annualized yield.
In market performance, since its launch in 2024, WCT has steadily increased its circulating market value, relying on WalletConnect's user base and support from leading platforms such as Binance. Its cross-chain expansion strategy (such as the deployment on the Solana network and airdrop plan of 5 million tokens) has further enhanced ecological penetration.
In the long term, the value of WCT depends on two core factors: first, the user retention and scenario expansion efficiency of the WalletConnect protocol; second, whether the governance mechanism can effectively promote network iteration. Investors should focus on its on-chain activity and ecological cooperation progress.
