Last cycle, @WalletConnect ’s story was about one thing: scale. Hundreds of millions of connections, the foundation launch, and finally, a token. It proved that people wanted a simple, secure way to connect wallets and apps without browser drama.


But 2025 is a different kind of test. This time it’s less about “can it scale” and more about “can it run itself.” Instead of one company holding the keys, the shift is toward onchain proposals, live staking, wider distribution of stake through airdrops, and a bigger set of independent operators keeping the network alive.

The goal is simple: move from “trust the company” to “trust the rules we all vote on.”

What to Watch in 2025

There are a few details that really matter here:


  • Proposals with teeth – Can token holders actually vote on who can join as operators and what happens if they fail (slashing)?


  • Fee distribution – Are operators paid based on real uptime and reliability, not vanity metrics like TVL?


  • Inclusive participation – Does governance let more than just whales have a say, or does it quietly centralize power?


  • Smarter staking – Will staking move beyond basic “lock tokens, earn emissions,” into performance-weighted rewards that reflect real work done?


The less curated and “hand-managed” this process is, the more robust the protocol becomes when it grows.

Why It Matters for $WCT Holders

If governance can set fees, decide upgrades, and define how rewards flow, then WCT transforms from a souvenir into a steering wheel. Token holders won’t just be along for the ride; they’ll actually be able to influence where the network goes.

But if the tough decisions stay offchain and only easy votes make it onchain, then holders are really just spectators—clapping for releases they had no hand in shaping.

My Take

I see this cycle as #WalletConnect ’s make-or-break. Infrastructure tokens only hold weight if they actually route value and decisions through the network. If staking, fees, and proposals live fully onchain, WCT becomes a real coordination tool. If not, it risks becoming just another badge for “supporters.”

Eventually, the market will figure out the difference.