#wct #defi
WalletConnect Token (WCT) — Fueling the Onchain UX Revolution
The WalletConnect Token (WCT) is emerging as the backbone of the onchain user experience ecosystem, powering decentralized connections between wallets and apps while promoting decentralization, staking, governance, and network fees (walletconnect.network, walletconnect.network).
Backed by major node operators like ConsenSys, Ledger, and Nansen, WalletConnect supports over 300 million cumulative connections and more than 47.5 million unique wallets across 66,500+ integrated apps as of May 2025 (Blockworks).
At around $0.32 today, WCT trades with a market cap near $59 million and has maintained stability in a narrow $0.30–$0.32 range. Key support lies at $0.28–$0.30, while resistance ranges from $0.35 to $0.40 (Binance). Technical indicators show neutral to bullish momentum, hinting at breakout potential if volume spikes (Binance).
With 120 million+ WCT staked across 49,400 users, and staking APYs reaching up to 22%, ecosystem engagement is strengthening (Blockworks). Recent expansions include Solana deployment and planned integrations on Optimism Superchain networks, increasing reach and utility (Bitget).
📊 TL;DR: WCT stands at the heart of WalletConnect’s journey to decentralize wallet‑app connectivity. With staking, governance, and cross-chain expansion underway, it’s a utility token worth watching — especially if it breaks above $0.35.
👇 Are you holding or staking $WCT yet? Share your strategy in the comments!
