#WalletConnect (#WCT ) Trend Depth Analysis: The Road to Revaluation of Web3 Infrastructure Value 🔗
Project Fundamentals: The Core Hub of Web3 Connection Ecosystem 🚀
WalletConnect, as an absolute leader in Web3 connection infrastructure, has surpassed a mere technical protocol, becoming an indispensable infrastructure of the entire blockchain ecosystem. The project demonstrates strong fundamental strength:
Core Competitive Advantage 💎
Market Dominance: Over 275 million connection records, a massive base of 45 million global users.
Brand Moat: The blue logo has become a symbol of trust in Web3, akin to Visa's status in traditional finance.
Ecosystem Full Coverage: Comprehensive connection services from DeFi to NFT, from trading to staking.
Technical Barrier: As a core bridge between wallets, applications, and blockchains, it has irreplaceability.
The launch of the WCT token marks a key step for WalletConnect towards a fully decentralized, permissionless, and community-owned connection future, laying a solid foundation for the project's long-term value.
Latest News Dynamics: Multi-chain Expansion and Airdrop Drive 📰
Positive Catalysts ✅
1. Multi-chain Ecosystem Expansion Strategy
WCT has successfully launched on Solana, further expanding the ecosystem after Ethereum and Optimism.
Multi-chain deployment strategy shows the project's forward-looking layout for cross-chain interoperability.
2. Large-scale Airdrop Plan Advancement
WalletConnect Foundation will airdrop 5 million WCT to active Solana users.
Partners include leading projects like Phantom, Jupiter, Backpack, and Solflare.
Backpack plans to hold the second round of WCT airdrop from June 12-18, 2025.
Risk Factor Monitoring ⚠️
1. Large Selling Pressure
ArringtonCapital-related address transferred 2.5 million WCT (valued at 2.34 million USD) to centralized exchanges.
There was an extreme volatility drop of 26% within one hour, from $1.37 to around $1.01.
Technical Analysis: Value Discovery in the Bottoming Phase 📈
Current Price: 0.29994 USDT
24-hour Price Change: +1.88%
24-hour Trading Volume: 631,039 USDT
Comprehensive Technical Indicator Analysis
Trend Status: Strong Downward Trend 📉
EMA5 (0.3044) < EMA10 (0.3172) < EMA20 (0.3265), short-term moving averages show a bearish arrangement.
Price is near the lower Bollinger Band, indicating an oversold condition.
Momentum Analysis: Weak Downward Momentum 🔄
MACD Indicator DIF (-0.0066) < DEA (0.0021), but the HIST bar line is narrowing.
RSI Indicator: RSI6 (30.85), RSI12 (37.67), RSI24 (43.52), showing oversold but not reaching extremes.
Key Technical Level
Strong Support Level: 0.276 USDT (Near Fibonacci 78.6% Retracement Level)
Resistance Level: 0.334 USDT (Pressure from Recent Highs)
Mid-term Target: 0.347 USDT (Fibonacci 50% Retracement Level)
Volume-Price Relationship Analysis
Currently showing "voluminous decline" characteristics, but trading volume has significantly shrunk compared to previous peaks, indicating that selling pressure is weakening.
Trend Outlook: Three Phases of Value Revaluation 🎯
Phase One: Bottom Confirmation Period (Current - September 2025)
Feature: Price oscillates in the range of 0.28-0.32 USDT Catalyst: Airdrop Plan Execution, Multi-chain Ecosystem Improvement Operation Strategy: Build positions in batches, focusing on the support area of 0.276-0.285 USDT.
Phase Two: Value Revaluation Period (October 2025 - Q1 2026)
Feature: Break through the 0.35 USDT resistance, start an upward trend Target Level: 0.45-0.55 USDT Driving Force: New Recognition of Web3 Infrastructure Value, User Base Expansion.
Phase Three: Long-term Value Realization Period (2026 and beyond)
Feature: Establish a New Value Center Long-term Target: 0.80-1.20 USDT Basis: Web3 Ecosystem Maturity, WalletConnect Ecosystem Value Fully Released.
Investment Strategy Recommendation 💡
Mid to Long-term Bullish Logic 🚀
Infrastructure Scarcity: The monopoly position of the Web3 connection layer is difficult to shake.
Ecosystem Expansion Dividend: Multi-chain deployment will bring geometric growth in user base.
Valuation Repair Space: Current price severely undervalues the project's true value.
Technical Support: Close to key support level, excellent risk-reward ratio.
Specific Operation Recommendations 📊
Position Building Strategy:
First Batch: 0.285-0.295 USDT (30% Position)
Second Batch: 0.270-0.280 USDT (40% Position)
Third Batch: Below 0.265 USDT (30% Position)
Risk Control Settings:
Stop Loss Level: 0.250 USDT (Below Historical Low)
Position Reduction Level: 0.450 USDT (Reduce 30% after 50% profit)
Target Level Setting:
Short-term Target: 0.35-0.40 USDT
Mid-term Target: 0.50-0.60 USDT
Long-term Target: 0.80-1.20 USDT
Risk Warning ⚠️
Closely monitor large holder selling trends, overall cryptocurrency market sentiment changes, and competitors' technological breakthroughs as risk factors. Investors are advised to allocate positions reasonably based on their risk tolerance.
Disclaimer: This analysis is based on public information and technical analysis methods, for investment reference only, and does not constitute specific investment advice. The cryptocurrency market has high volatility and uncertainty, which may lead to principal loss. Investors should fully understand the associated risks and make cautious decisions based on their financial status and risk tolerance. Past performance does not represent future returns; the market has risks, and investment should be cautious.