WalletConnect ($WCT): Tokenizing Secure, Cross‑Chain Connectivity
WalletConnect is the open‑source protocol powering seamless and encrypted wallet-to-dApp connections across 600+ wallets and over 40,000 dApps across 300+ chains
On April 15, 2025, WCT became officially transferable—key to shifting WalletConnect toward decentralized, community-led governance and utility
Today, ~186.2M WCT are circulating (≈18.6% of a capped 1B supply), with live trading at approximately $0.295–0.30 and daily volumes near $30–35 M
On-chain utility includes staking for node operators and governance voting, plus future protocol service fees
Price action: Over the past 24h, WCT edged up ~1%, currently holding key support around $0.28–0.30. Resistance sits near $0.35–0.40, with RSI neutral and MACD signaling bullish divergence—suggesting room for upside on breakout volume
Forecasts are mixed: some short-term models predict a dip toward $0.27–0.22 over coming weekdays, while longer-term sentiment leans toward $0.50+ by year-end if adoption continues
Token unlock schedule: Scheduled release of 4.02M WCT (~0.4% supply) occurs on August 15, 2025—a minor potential drag—but large-scale unlocks are planned later in November and beyond
