$WCT
šŖ WalletConnect Token (WCT) is part of the WalletConnect project, which aims to simplify connections between decentralized wallets and dApps across multiple networks. WCT is used as a governance and rewards token within the ecosystem, supporting secure and decentralized user-platform interactions.
š Latest Updates on WCT:
1. Full Token Transfer Activation ā April 15, 2025
- Restrictions on WCT transfers were lifted, allowing free trading between wallets and platforms.
- This boosted liquidity and made it easier for the token to be listed on new exchanges.
2. Governance Tools Upgrade ā June 3, 2025
- New voting mechanisms were introduced based on the amount of WCT held.
- Users can now submit proposals and vote across multiple chains like Ethereum, Solana, and Optimism.
- Dynamic staking rewards were added to encourage long-term participation.
3. Listed on Coinbase via Optimism Network ā August 14, 2025
- This listing expanded access to U.S. traders, and the token price rose by 11% after the announcement.
4. Partnership with Global Dollar Network ā August 13, 2025
- WCT joined Visa-backed stablecoin infrastructure, enhancing cross-chain payment capabilities.
š Current Market Performance:
- Current price: around $0.313
- Weekly drop: 6.87%, with support level at $0.3165
- Global ranking: #521 among cryptocurrencies by market cap