Risks & Obstacles Facing \$WCT and Its Ecosystem
While \$WCT’s expansion is rapid, it must navigate several key obstacles.
**Rivalry:** Competing platforms are also working to link wallets with applications, so WalletConnect must continue innovating to stay in front.
**Network Capacity:** Growing user numbers demand speed, stability, and cost efficiency at scale.
**Cybersecurity:** Since wallet-to-app connections involve sensitive access, any flaw could lead to serious consequences.
**Regulatory Shifts:** Evolving cryptocurrency regulations may influence the token’s trajectory.
**Adoption:** Attracting more participants requires a user-friendly and straightforward experience.
**Decentralization Needs:** Increasing the number of independent operators is crucial for resilience and fairness.
Despite these hurdles, strategic action can keep \$WCT
advancing steadily.