Imagine Web3 as a multilingual, multi-voltage superpower city-state; WalletConnect is like a universal cable that crosses standards—safely connecting various wallets and DApps. Since its launch in 2018, with end-to-end encryption (E2EE) as its foundation, it has ensured that private keys do not leave the wallet, and assets are not hosted by applications, making the process of scanning, deep linking, signing, and callback a universal protocol, becoming the starting point for almost all on-chain operations. The official documentation clearly states: The E2EE of the protocol and cross-chain interoperability are key reasons for its widespread adoption.
By 2025, WalletConnect's scale has reached infrastructure level: supporting over 600 wallets, over 70,000 applications, with a total of over 335 million secure connections, and over 47.5 million active unique wallets. This is not just a localized achievement of a single platform, but a systematic coverage across chains and scenarios. Data comes from its network homepage and ecological update reports.
Furthermore, the team has upgraded the protocol to WalletConnect Network: a network layer composed of nodes, service gateways, and governance participants, with WCT serving as the native token for staking/governance/fees and incentives. Currently, the network and token have covered Optimism and expanded to Solana, forming a broader multi-chain governance and settlement landscape.
From the user side, the experience is still the familiar 'scan a code to connect': After establishing an E2EE session, the DApp initiates a signature or transaction request using the Sign API, the wallet verifies and returns the result, without exposing the private key throughout the process. For developers, the Sign/Notify/Auth after v2 makes integration more modular; you can quickly integrate it into your existing frontend using Web3Modal/AppKit, compressing 'connecting a wallet' from a week-long project to half a day.
WalletConnect compresses the explosion of combinations of 'each wallet × each application × each chain' into a verifiable, governable, and settlement layer—this is the meaning of 'foundation'.
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