WalletConnect Token ($WCT): Web3’s Connectivity Engine
What is $WCT?
WalletConnect is the leading open-source protocol linking crypto wallets to dApps, enabling secure DeFi, NFT, and Web3 interactions across 240M+ connections. Its native token, $WCT, launched on Optimism’s OP Mainnet in 2024, powers governance and incentives.
Token Snapshot
Price: ~$0.29 USD, with $15M–$41M daily trading volume.
Market Cap: ~$53M–$60M, with 186.2M tokens circulating (19% of 1B max supply).
ATH: $1.35 (May 31, 2025), now ~76–79% below.
Recent Movement: Up 0–3.65% daily, down 3.4% weekly.
$WCT Utility
Governance: Vote on protocol upgrades and fees.
Staking: Secure the network, earn rewards based on lock-up duration.
Incentives: 17.5% of supply rewards node operators for performance.
Future Fees: Community may add relay usage fees via governance.
Why It Matters
Users: Seamless wallet-to-dApp access across 600+ wallets, 57K+ dApps.
Developers: Easy integration drives user onboarding.
Web3: Critical infrastructure for mass adoption.
Tokenomics
Max Supply: 1B tokens.
Allocations: 27% to Foundation, 18.5% for airdrops, rest for team and growth.
Airdrop: 50M tokens distributed in Season 1; more planned.
ICO: Raised $13M via CoinList in 2025.
What’s Next?
With listings on Binance, Coinbase, and Bitget, plus Solana expansion and a permissionless network, $WCT is becoming a cross-chain identity hub. Price predictions: $0.75–$2.00 by 2025, up to $3.20 by 2030.
Risks
Market volatility, competition, and regulatory hurdles.
