WalletConnect has taken a major leap forward in token interoperability by expanding its native token, WCT (WalletConnect Token), across multiple blockchains. This is made possible through the integration of Wormhole’s Native Token Transfers (NTT) framework, enabling seamless, native multichain transfer of WCT tokens without relying on wrapped assets.
What’s New with WCT and Wormhole NTT?
1. Seamless Multichain Transfers
WalletConnect’s WCT can now transfer natively between Optimism, Ethereum, and Solana using Wormhole NTT.
Unlike traditional token wrapping methods, NTT burns tokens on the source chain and mints them as native tokens on the destination chain, maintaining token fidelity and ownership continuity.
2. Maintaining Token Integrity
This method eliminates liquidity fragmentation and reduces risks associated with wrapped tokens, ensuring native token functionality across chains.
Metadata, upgradeability, and governance remain consistent across all networks.
3. Solana Integration & Ecosystem Reach
WCT is officially launching on Solana, with interoperability enabled via NTT and support for trading on platforms like Jupiter DEX.
This expansion marks WCT’s transition into a truly multichain asset, tapping into the fast and growing Solana ecosystem.
4. Strategic Airdrop to Foster Adoption
WalletConnect is distributing 5 million WCT tokens to select users within the Solana community including Phantom, Backpack, Jupiter, and Solflare users to incentivize engagement and adoption.
5. Why It Matters
This cross-chain integration signals WalletConnect's commitment to interoperability and scalability.
By enabling WCT token holders to participate across multiple ecosystems with a consistent experience, WalletConnect strengthens its role as a core infrastructure provider in Web3 connectivity.
Quick Facts — WCT Multichain Expansion
Feature Details
Native Chains Optimism → Ethereum → Solana
Transfer Mechanism Wormhole Native Token Transfers (NTT)
Token Behavior Burn-and-mint ensures token fidelity
Launch Incentive 5M WCT airdrop for Solana-based users
User Reach Expands governance and staking across chains
Summary
WalletConnect’s deployment of WCT across multiple blockchains via Wormhole NTT is a pivotal development in multichain token design. By preserving native functionality and eliminating wrap-based fragmentation, WCT becomes a fluid, interoperable asset. The strategic Solana launch and associated airdrop demonstrates WalletConnect’s push to unify user experience and governance across Web3 ecosystems—setting a new standard for token portability and usability.
