🚀 WCT Gains Momentum: Solana Integration, New Validators & Governance Upgrade — But Unlock Pressure Remains
has posted strong updates this week, signaling growth and deeper decentralization yet a massive token unlock still looms.
Key Developments:
1️⃣ Solana Integration – WCT now supports Solana, enabling fast, low-fee cross-chain transfers. Already live on Ethereum & Optimism, this move could boost adoption despite the token trading 78% below ATH.
2️⃣ More Node Operators – Fireblocks, Animoca Brands, and 4 others join the network. 121M WCT staked (65% of circulating supply) with APY up to 22%. Still, 81% of total supply remains locked.
3️⃣ Council-Led Governance – A new governance council with devs, wallets, and enterprises aims for full decentralization within 24 months.
📊 Big Picture:
Network strength and governance transparency are improving, but the market will watch closely if adoption can outpace the 813M WCT unlock pressure ahead. Keep an eye on staking rates & TVF trends for early signals.