😱🔥Rocket mode above $0.35! Resistances may be broken at $WCT🚀🚀
What is #WalletConnect?
WalletConnect is a secure connection layer between wallets and decentralized applications. It allows interaction without revealing private keys via QR codes/deep links and standardizes the on-chain user experience with modules such as "Sign, Authenticate, Push/Chat."
Between 2024 and 2025, the network grew by 340%, reaching 179 million annual connections. By the summer of 2025, it achieved a scale of over 300 million total connections, 50+ million unique wallets, and over 70,000 applications.
The project promotes its vision of the "WalletConnect Network" in 2025: nodes that verify/scale traffic on the network, usage-based fees, and community governance.
What is WCT (WalletConnect Token)?
WCT is the native token of the network; it has four main functions: staking (security/rewarding nodes), fees, incentives, and governance. The total supply is 1 billion, and the circulating supply is ~186–190 million. It was launched in April 2025 with broad listings on exchanges, followed by transferability. In May 2025, integration with Solana was announced, and 5 million #wct vesting for Solana users.
$10 million was raised through token sales in 2025 for network and ecosystem growth.
Current market data (August 12, 2025)
Price: ≈ $0.31–0.33 (with slight fluctuations across several major data providers)
Market capitalization: ≈ $60M
Circulating supply: ≈ 186.2M WCT
24-hour volume: ≈ $30–45M
Key factors affecting price
Positive catalysts
Momentum of network metrics: 300M+ total connections & 50M+ wallets by summer 2025; connection rate of over 10M per month → basis for demand for the token/fee burning/ecosystem activity.
Multi-chain deployment: Root migration to Solana (Wormhole NTT) after Ethereum/OP and targeted distribution of 5M WCT create new user/demand channels.
Exchange coverage: Broad access to Binance supports liquidity.
Key risks
Supply schedule: The circulating share remains a minority; unlocks/incentive programs may create volatility. (Total 1B; circulating ~186–190M.)
Market beta: While WCT is an infrastructure token, it is sensitive to the overall direction of cryptocurrencies.
Airdrop anticipation: Distributions similar to Solana's vesting may cause short-term fluctuations of 'news sales.'
Technical forecast (short-term/mid-term)
Note: The levels below are 'scenario zones' based on data from August 12, 2025, and the current range of spot prices ($0.31–0.33); these are not live charts.
Immediate pivot zone: $0.30–0.33 is the current consolidation zone; closing below weakens momentum.
Support: $0.30 (psychological/multiple data threshold), then $0.28 (sideways demand likely) and $0.25 (main psychological). (Determined by price level around 0.31 with providers.)
Resistances: $0.35 (sideways supply), $0.40 (round level), above $0.45–0.50 (trend confirmation zone).
Momentum tips: Volume above $40M+ and movement above daily close of $0.35 may trigger a test of $0.40–0.45; closing below $0.30 carries the risk of a quick drop to $0.28.
Strategic structure (neutral)
Following the trend: Closing above $0.35 and increasing volume may trigger a gradual trend scenario; stop zone below $0.31–0.32. (Duration based on volatility.)
Support for purchases: Generating liquidity in the range of $0.28–0.30 + short-term reaction if the news flow on-chain/metrics aligns.
Key focus: Timeline for Solana integration, network metrics (monthly connections, new dApp integrations), staking revenues, and governance decisions.
Why is this important?
WalletConnect has become the 'de facto standard' for interaction between wallets and applications. As the economic and governance foundation of this network, WCT funds node security, network fees, and incentives for developers/guardians. While multi-chain network development and high metrics create structural demand for WCT, the supply schedule and market cycle are key factors for short-term volatility.
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