$WCT is the native utility and governance token for the WalletConnect Network, a fundamental piece of Web3 infrastructure that connects millions of crypto wallets to decentralized applications (dApps). Its value is tied directly to the network's widespread use, which facilitates secure, cross-chain interactions.
WCT's primary functions include governance rights, allowing holders to vote on network proposals, and staking rewards for securing the network. As the Web3 ecosystem expands, the demand for reliable wallet-to-dApp connectivity grows, potentially increasing WCT's value. With its tokenomics designed for long-term growth and its role in a crucial crypto protocol, WCT holds a significant position in the market.
