WalletConnectârecently rebranded as Reownâis one of the most important infrastructures in Web3 today. Itâs the bridge that lets wallets and dApps connect securely through QR codes or deep links, and its growth numbers speak for themselves:
â 47.5M+ users
â 600+ wallets supported
â 67,000+ dApps & projects
â 300M+ connections made
Founded in 2018 by Pedro Gomes, the protocol has now evolved into much more:
AppKit â Integrates logins & smart contracts with just 20 lines of code.
WalletKit â Boosts wallet security & supports 6,000+ dApps.
Big Partnerships â Coinbase, Gemini (one integration = 70k dApps!).
On the tech side, WalletConnect uses end-to-end encryption and advanced hashing to ensure privacy, while collaborations with Qredo make it even more secure.
Its $WCT token fuels governance and staking, while the @WalletConnect Foundation (2024) pushes decentralization further.
⥠Challenges remainâlike node distribution & cross-chain costsâbut WalletConnect is clearly reshaping the on-chain experience and setting the standard for Web3 connectivity.
đ If youâre watching the future of wallets, dApps, and $WCT, this is a project you donât want to ignore.