The core mission of WalletConnect is to solve the "wallet interoperability" problem for on-chain applications, which is especially critical in a multi-chain ecosystem. In the past, users needed to install specific wallets, manually sign transactions, or switch networks when using different DApps, significantly increasing operational complexity and security risks. WalletConnect achieves cross-chain and cross-wallet connectivity through an open protocol, greatly lowering the barriers to entry and enhancing user experience.
From a professional perspective, the value of WalletConnect can be reflected in three aspects: first, technical scalability. It supports multiple chains, multiple wallets, and various signing schemes while maintaining end-to-end encrypted communication to ensure transaction security; second, ecological network effects. Each additional DApp or wallet that supports WalletConnect enhances the overall user experience of the ecosystem, creating positive feedback; third, the potential of token economics. $WCT can not only be used to incentivize developers and community participants but can also play a role in protocol governance, providing support for future upgrades of the protocol.
Moreover, the value of WalletConnect in user retention and cross-chain operations cannot be underestimated. With the increase in application scenarios such as DeFi, GameFi, and NFTs, the demand for users to manage assets across multiple wallets and chains has surged. WalletConnect's protocol precisely addresses this pain point, bringing traffic and high retention to DApps while making the user experience smoother and more secure. This infrastructure-type value is often more stable than simple applications because it serves as the underlying support for the entire ecosystem's operation.
In the future, if WalletConnect can further expand its protocol functionalities, such as supporting more complex transaction aggregation, on-chain identity verification, or multi-signature management, it will not just be a connectivity tool but could become the standard protocol for Web3 user asset management and on-chain operations. This means that the long-term value of $WCT will be closely tied to the growth of the ecosystem, possessing sustainability and growth potential.
