🔥Network Utility & Tokenomics: The Backbone of @WalletConnect 🔥
The $WCT token powers WalletConnect network through staking, usage fees governance and rewards.
With a total supply capped at 1 billion WCT, the circulating supply is currently 186 million (18.6%), giving it a market cap near $54M 55M USD.
Daily trading volume hovers near $30M indicating active usage despite recent sideways price action.
WCT fuels wallet app connections, secures node contributions and aligns economic incentives within the ecosystem.
