😱🔥 50 Million Users, 300 Million Connections! WalletConnect is breaking records 🚀

#WalletConnect $WCT @WalletConnect

The first name that comes to mind when talking about the secure communication bridge between wallets and decentralized applications (dApps) in the Web3 world is: WalletConnect. Developed by Pedro Gomes in 2018, this open-source protocol enables millions of users to establish a connection to dApps in seconds.

💡 Why WalletConnect?

Previously, only wallet browser extensions (e.g., MetaMask) or in-app mobile browsers could be used to connect to dApps. These methods were both limited and risky in terms of security.

WalletConnect has elevated the user experience to a whole new level by establishing a connection through a secure channel using a QR code or deep link.

⚙️ Technical Strength

With full end-to-end encryption (E2EE), private keys are never held on the protocol.

Secure data flow is ensured with service nodes, gateway nodes, and relay services.

v2 architecture; includes Sign, Notify, Chat APIs and modules such as Relay, Keys, Push, Verify.

🌍 Ecosystem and Scalability

Compatible with 700+ wallets and 70,000+ applications.

Works on Ethereum, Solana, Cosmos, Polkadot, Bitcoin, and more.

Breaking records with 50 million users and over 300 million total connections.

🏛️ Structure and Governance

The core of the project is managed by the WalletConnect Foundation.

As of 2023, the transition to a fully decentralized node structure has begun.

Major operators such as Kiln, Ledger, and ConsenSys contribute to the network.

💰 WCT Token

ERC-20, on OP Mainnet

Total supply: 1 billion WCT

Circulating: ~187 million WCT

Use cases:

Governance (voting rights in network decisions)

Earn rewards through staking

Rewarding node operators based on performance

🎯 Conclusion

WalletConnect has become one of the most critical infrastructures of Web3.

🔹 User-friendly experience

🔹 Multi-chain support

🔹 Decentralization vision

and continues to grow both the user and developer ecosystem with the WCT token.

📌 In the upcoming period, it plans to achieve the Web3 world's 'every wallet - every dApp' goal by transitioning to a completely permissionless model.