WalletConnect Leads the Web3 Communication Revolution: The Evolution from Connection Protocol to Ecological Platform
WalletConnect has completed its transformation from a single connection protocol to a fully functional communication platform. The V2 version introduces a multi-chain architecture that supports mainstream chain ecosystems such as Ethereum, Cosmos, and Solana, providing developers with cross-chain communication solutions through a unified API interface. This design significantly lowers the development threshold for multi-chain applications.
Technical innovation is reflected in three aspects: first, the use of a Topic-Based routing mechanism for efficient message delivery; second, the provision of state persistence through Session Management; and most importantly, the Push Notification feature opens a proactive communication channel from dApps to users. These functions jointly drive the transformation of the Web3 interaction paradigm.
The economic model design of $WCT is forward-looking: the staking mechanism ensures network security, fee consumption creates sustained demand, and governance functions empower community decision-making. As the protocol adoption rate increases, the token will achieve a virtuous cycle of value appreciation.
Currently, the integration scale has formed a strong network effect: supporting over 200 wallets and more than 1000 dApps, including leading products such as MetaMask and TrustWallet. Against the backdrop of the rise of account abstraction and Intent-Centric architecture, the value of WalletConnect as a core component of the communication layer will become more prominent. From an investment perspective, the market capitalization of $WCT is significantly undervalued in relation to its infrastructure status, with vast growth potential in the future.