Current Price Momentum
Binance reports WCT is trading around $0.3539, which marks a notable +13.07% gain in the last 24 hours.
CoinGecko aligns, showing a price of approximately $0.3531, up +12.26% over 24 hours and outperforming broader crypto averages (WCT: +22.10% vs crypto market: +7.30%) .
CoinMarketCap reports a similar figure: $0.3560 (+12.31%) with a market cap near $66.29M .
These gains reflect a surge in trading activity and investor interest.
Technical Indicators & Patterns
Binance’s technical report highlights a bullish trend: both the 50 day and 200 day moving averages on the 4 hour timeframe are sloping upward, indicating established upward momentum. The 200 day average has been rising since August 8, 2025 .
RSI remains in the neutral 30 70 zone, with a bullish divergence emerging on the daily timeframe suggesting potential continuation of upward movement .
On social platforms, traders point to a bullish reversal and long setup after a rebound from ~$0.305, pushing WCT toward resistance around $0.332 $0.340, with targets set above $0.340 .
Underlying Strength: Ecosystem Use Case & Adoption
WalletConnect is more than just another tokenit underpins essential Web3 infrastructure:
It connects 48 million+ unique wallets, integrates with 61,000+ dApps, and supports 700+ wallet providers, facilitating over 300 million connections .
The $WCT token fuels the network through staking, fees, and governance. Notably, 150 million WCT (15% of supply) has already been locked in staking contracts taking a large chunk out of circulating supply and signaling strong conviction among holders .
What Traders Are Watching
Factor Details
Resistance Zone Around $0.332–$0.340, a breakout could fuel further upside.
Support Levels Holding above $0.326 is crucial to sustain bullish momentum.
Ecosystem Expansion Continued adoption and deeper integration may bolster fundamentals.
Token Unlocks Future unlocks of staked or reserved tokens could introduce supply risk.
Is This a Breakout Opportunity?
Yes WCT’s recent action combines technical bullish setups with real world adoption strength:
Strong technical cues: rising moving averages, bullish RSI divergence, and pattern breakout possibilities.
Robust fundamentals: critical Web3 infrastructure usage, decentralized governance, and substantial staking participation.
Investor sentiment: high beta performance compared to broader crypto, reflecting growing attention from breakout chasing traders.
That said, as with any crypto asset, volatility and caution are paramount. Keep an eye on upcoming token unlocks, market sentiment, and macro conditions that could sway momentum.
Final Take
WalletConnect Token (WCT) is demonstrating impressive strength today an early breakout scenario powered by both technical signals and ecosystem fundamentals. For traders hunting the next breakout play, WCT’s trajectory looks compelling but risk management and ongoing diligence remain essential.
