#WalletConnect $WCT @WalletConnect
The Invisible Engine Reshaping On-Chain Interactions
When you exchange tokens on Uniswap or purchase NFTs, the encrypted channel built by WalletConnect operates behind the scenes as you scan the code—private keys are always locked in the local wallet, and the dApp only receives signature permissions. This "touch screen without touching keys" design has become the security cornerstone for an average of 48 million wallet connections to over 6,000 dApps each month, cumulatively safeguarding over 300 million on-chain interactions.
In 2023, the V2 protocol was upgraded to a passport for the multi-chain universe: a single scan allows free traversal across over 150 chains, including Ethereum and Solana, with a 5-second automatic session recovery after disconnection. Developers save 80% on adaptation costs, and users bid farewell to the fragmented experience of repeated scanning.
The WCT token launched in 2024 evolved the protocol into a shared economy: users staking enjoy a 12% annual yield and governance rights, dApps pay small tokens to obtain priority bandwidth, and wallet providers receive ecological incentives. In the bear market, its connection volume increased by 41%, as on-chain interactions remain a necessity regardless of market conditions.
The monopolistic ecosystem covering 96% of mainstream wallets makes WalletConnect like the air in the digital world—unseen yet omnipresent. As the application layer battles it out, this silent protocol collects a "connection tax" with each scan, reshaping the value distribution logic of Web3.