WalletConnect is not just a 'connection tool', but also an 'ecosystem catalyst'. Why is that? Because it lowers the interaction threshold between users and projects, making it easier for new projects to gain user traffic, and allowing existing users to explore new applications more easily. In the long run, this will create a positive cycle: more users ➝ more projects connecting ➝ ecosystem prosperity ➝ WalletConnect's value enhancement. Its positioning in the entire Web3 landscape is somewhat like PayPal's position in e-commerce back in the day—it's possible to operate without it, but with it, the entire experience and efficiency will leap to a higher level. Projects that possess both fundamental attributes and ecological value are often the most resilient to cycles.

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