#WalletConnect is an open-source protocol that enables secure communication between funds within the Web3 ecosystem, typically in the form of decentralized storage (dApps). Founded in 2018, it enables users to access dApps without exposing their private keys by establishing cryptographic blocks via QR codes or deep links.
Project and $WCT Token Details @WalletConnect
WalletConnect Network: Provides a cross-chain (chain-independent) infrastructure that powers Web3 across the UX (user system). Its purpose is to contribute to the decentralization of the network.
#WCT Token (WalletConnect Token): As the network's native token, it plays a role in staking, governance, mass circulation, and determining the potential fee currency used on the network.
As of April 2025, approximately 106 million WCT were staked on the network, with over 142,000 token holders, offering annual APY on staking rates of up to 22%.
WCT Token Current Price and Market Analysis (August 8, 2025)
I have compiled the current price and market transactions for various earnings below:
Source Price (USD) 24h Change Market Capitalization 24h Volume
CoinMarketCap ~$0.3138 +5.11% ~$58.43M ~$43.75M
Binance ~$0.3138 +6.21% ~$58.43M ~$42.27M
CoinGecko ~$0.3139 +5.0% ~$58.47M ~$33.7M
CoinCodex ~$0.3105 +4.71% ~$57.8M ~$71.3M
All sources show the trading distribution of WCT in the $0.31–$0.32 range. The price has increased by 4–6% in the last 24 hours.
All-time high (ATH): Around $1.34–$1.37 around March 2025. Currently, there is a 75–80% decline from these levels.
Circulating supply: ~186.2 million WCT (maximum 1 billion)
Summary Assessment
WCT is the functional token that enhances the connectivity of the WalletConnect ecosystem and plays an active role in staking and governance.
Since April 2025, network increases through staking have been driven by potential value creation.
While the price has experienced a significant decline compared to its ATH levels, it has recently been on a recovery. The $0.31–$0.32 levels are seen as key support/stability points.
High staking yields (22% APY) and increasing user/connection statistics indicate the healthy development of the ecosystem.