WalletConnect has been a key player in the Web3 space for a long time, and this new update is another step in a wave of network improvements that’s adding some fresh energy to the market.

If you’re thinking about getting involved, here’s what to keep an eye on:

Onchain activity We could see more staking and wallet connections picking up before any big price action.

Support levels $WCT has a strong track record of bouncing back from major support zones, even in choppy markets.

Market correlation A strong run from BTC and ETH often gives $WCT an extra push.

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