WalletConnect & WCT Today's Update (July 31, 2025):

WalletConnect (the protocol):

* WalletConnect continues its focus on expanding the Web3 ecosystem. Recent updates highlight the v2 upgrade which reconstructs DApp interaction logic, making it more efficient and secure.

* The network has surpassed 300 million cumulative connections and over 47.5 million unique wallets have connected, demonstrating increasing adoption.

* WalletConnect is prioritizing Smart Sessions (Automated Onchain Actions) to improve user experience by reducing constant wallet popups and enabling apps/AI agents to transact on behalf of users with secure permissions.

* The roadmap for 2025 emphasizes decentralization, with plans for increased node operators and community-led governance.

$WCT (WalletConnect Token):

* Current Price: WCT is trading around $0.32 - $0.33 USD, with slight fluctuations in the last 24 hours.

* Market Status: The token has a circulating supply of approximately 186-190 million WCT and a market cap around $59-61 million USD.

* Recent News:

* WCT is the native utility token for the WalletConnect ecosystem, used for governance (allowing holders to participate in protocol decisions) and potentially future transaction fees.

* There's ongoing discussion about staking to participate in relay node operations and earning fees, as well as the deflationary model where 30% of protocol revenue is used to burn WCT.

* WCT has seen recent expansion to the Solana network, with an airdrop of 5 million tokens to active Solana users.

* Community sentiment appears bullish on WCT's long-term potential, with forecasts suggesting potential growth to $1+ by 2026-2028.

#WalletConnect , $WCT and @WalletConnect