What is #WalletConnect ? @WalletConnect $WCT #wct
WalletConnect is an open-source protocol that creates a secure bridge between users' wallets and decentralized applications (dApps). User private keys remain in the wallet; the connection is established via QR codes or deep links.
Launched in 2018 by Pedro Gomes, it is currently compatible with over 500 wallets, 150 blockchain networks, and over 6,000 dApps.
Secure connections, push notifications, and encrypted transmission are provided, and data is not shared without user consent.
WalletConnect now has its own token, WCT. This token runs on Optimism L2 and has a total supply of 1 billion units. The token is used for staking, governance, and community rewards.
Current Price Performance
The current WCT price is trading around $0.3485. Daily trading volume is quite high (~$200 million), with an increase of approximately 6–7% in the last 24 hours.
According to CoinGecko, price: ~$0.354, daily volume ~$162–191 million
The all-time high, recorded in May 2025, is around $1.34.
Price Predictions and Forecasts
Short and Medium-Term Predictions (2025–2026)
Source/Platform 2025 Price Prediction (USD) 2026 Price Prediction (USD)
CoinCodex 0.243–0.352 (average ~$0.35)
0.266–0.959 (average ~$0.518)
Binance (user estimate) 2025: ~$0.358; 2026: ~0.377
Alternative and Long-Term Forecasts
CoinLore: 0.537–0.903 by the end of 2025; 2026: ~0.666; 2030: ~2.23; 2040: ~8.06
Sources such as SwapSpace/TradingBeast generally maintain positive 2025 expectations but offer negative projections for 2026–2030 (e.g., 0.21–0.4 for 2030).
DigitalCoinPrice: ~0.9 by the end of 2026; 2027: 1.03–1.27; 2028: 1.54–1.60; 2030: 1.66–1.90; 2033: 4.8–5.0
Analysis and Assessment
Key Indicators:
The protocol has high adoption; it integrates with hundreds of wallets and thousands of dApps.
The WCT token provides additional usage by serving staking and governance needs.
Technical Short-Term Outlook:
As of today, the price is in the 0.33–0.38 range; key resistance is ~0.3767, and support is ~0.2898.
RSI is in the neutral zone (~56), which does not signal overbought or oversold.
Bollinger Band width signals potential volatility.
Future Potential:
Conservative scenario: Stable price in the $0.35–0.5 range between 2025 and 2026.
Moderate scenario: Potential increase of around $1–2 between 2027 and 2030.
Optimistic scenario: It could reach $4–5 after 2030 (the most ambitious predictions).
Risk Factors:
General volatility in the crypto market, regulatory uncertainty, new competing solutions, and declining community interest could negatively impact the price.
Long-term projections are highly speculative; it's important to consider a wide range of opinions and sources when making an investment decision.
Conclusion and Recommendations
WalletConnect has proven itself as a strong connectivity protocol in the Web3 world. The WCT token adds economic value to the project in terms of infrastructure and governance.
Price:
Don't expect significant price action in the short term; however, a break above the resistance level of $0.38 could create a buying opportunity.
In the medium term, if technical and user adoption improve, it could have upward potential ($0.5–1).
In the long term (2028–2030 and beyond), it could reach $2–5 in the optimistic scenarios.
However, please note: This analysis is not investment advice. I always recommend doing your own research (DYOR) and evaluating your risk tolerance and strategy.