2024 marked a breakthrough year for WalletConnect, cementing its place as an essential connectivity layer for decentralized applications. The network processed over 221 million connections—representing a 340% year-over-year increase—and surpassed 4.1 million Unique Active Wallets (UAW). These numbers highlight not only the scale of adoption but also WalletConnect’s effectiveness in simplifying on-chain interactions for users worldwide.
The launch of 16 independent node operators was a major decentralization milestone, distributing control and improving censorship resistance. At the same time, WalletConnect introduced its native governance token, WCT, in September 2024. The token empowers holders with decision-making rights, staking opportunities, and incentives for node participation. A successful airdrop of 50 million WCT tokens further expanded community ownership, rewarding contributors and early adopters.
➤ The WalletConnect Foundation was created as a non-profit entity to oversee grants, governance, and long-term ecosystem growth.
➠ Smart Sessions, Link Mode, and One-Click Authentication enhanced UX, making wallet connectivity smoother and more secure.
✦ More than 58,000 projects integrated WalletConnect, underscoring its role as a developer-first infrastructure layer.
Partnerships with leading wallets like Trust Wallet, MetaMask, Bitget, OKX, and Binance Wallet solidified WalletConnect’s role as a cross-chain standard. Expansion into Solana, Polygon, Optimism, and other ecosystems reflected the multi-chain future of Web3. By early 2025, more than 286,000 addresses held WCT and over 127 million tokens were staked, reinforcing the community’s commitment to security and governance.
With DAO governance on the horizon in 2025, WalletConnect is evolving into a community-owned protocol. Its focus on privacy-first design, interoperability, and decentralization positions it as the backbone of Web3’s connectivity layer.
