If you’ve ever connected to a Web3 app—whether to trade DeFi, buy NFTs, swap tokens, or stake—you’ve likely seen the blue WalletConnect logo. Like Visa’s emblem at checkout, it’s a symbol of trust in the crypto world. Since 2018, WalletConnect has quietly become the connectivity backbone of the onchain ecosystem, seamlessly linking wallets, apps, and blockchains. With over 275 million connections and 45 million users worldwide, it’s not just a tool—it’s the essential foundation of Web3.
Now, with the launch of the WalletConnect Token (WCT), the network is stepping into a fully decentralized, permissionless, and community-owned future. Backed by giants like Consensys, Ledger, and Figment, and powered by a sustainably designed token, WCT promises to revolutionize the onchain experience. Here’s why you should care.
WalletConnect: A Proven Bridge in Web3
The onchain world offers a decentralized future brimming with potential, yet it’s long been accessible only to a tech-savvy few. WalletConnect was born to change that. Since 2018, it’s provided a simple, secure way to connect wallets to apps, enabling millions to join the onchain economy with just a few clicks. Today, it’s the core connectivity layer for over 61,000 apps and 600+ wallets across every major blockchain.
The numbers speak volumes:
- Over 275 million connections facilitated.
- 45 million users globally.
- 20 million monthly connections for 5 million monthly active users.
These stats aren’t just impressive—they’re proof of WalletConnect’s perfect product-market fit. In an industry cluttered with meme coins and vaporware, WalletConnect stands out with its open-source resilience, widespread adoption, and proven track record. From MetaMask to Polymarket, it’s the trusted bridge powering millions of Web3 experiences.
WCT: A Leap Toward Decentralization
The debut of the WalletConnect Token (WCT) marks a pivotal milestone. With an initial supply of 1 billion tokens, WCT is designed to empower the community and bring the network closer to Web3’s decentralized ideal. The token serves key utilities:
- Fees: WCT will pay for network services, ensuring long-term sustainability. While fees aren’t active yet, the community can introduce them via governance as the network matures.
- Rewards: 17.5% of the supply incentivizes participants like wallet providers and node operators, based on metrics like uptime and latency.
- Staking: WCT holders can stake tokens to support the network and earn rewards, with higher benefits for longer commitments.
- Governance: WCT owners can propose and vote on critical decisions, from fee structures to reward allocations.
This model creates a self-sustaining ecosystem where users, developers, and operators all benefit. WCT isn’t just a token—it’s the tool for the community to shape the future of onchain connectivity.
Community Power
WalletConnect’s success stems from its community, and WCT proves it. Recent token sales highlight overwhelming demand:
- CoinList Community Round: Oversubscribed 4x, drawing 18,000 participants from over 100 countries, pre-funding $15.5 million against a $4 million target.
- Echo Private Sale: Hit $500,000 in just 11 seconds.
- Bitget LaunchX Round: Met its $4 million goal in two hours, with over 67,000 participants committing $326 million.
In total, WalletConnect raised $10 million across four oversubscribed rounds, reflecting deep community faith. Today, over 305,000 WCT holders have staked 106.5 million WCT, securing the network’s decentralized future.
Backed by Giants
WalletConnect isn’t just community-driven—it’s supported by industry leaders. With 16 top-tier node operators like Consensys, Ledger, Kiln, and Nansen, the network rests on a robust, scalable, and decentralized foundation. This backing ensures WalletConnect can meet the growing demand for reliable connectivity as Web3 expands.
Future Vision
WalletConnect’s journey isn’t over. From the major v2 upgrade in 2023 to introducing node operators in 2024, the network is steadily advancing toward full decentralization. With the transferability vote passed and WCT listing in April, the next growth phase is set.
Growth data shows strong momentum:
- Year-over-Year: In 2023, WalletConnect enabled 41 million connections for 7.2 million users. By 2024, it surged to 179 million connections for 31 million users—a 4.4x increase.
- March 2025: That month alone, the network handled 18 million connections for the top eight Web3 wallets.
As the gateway to the onchain world, WalletConnect is leading the charge to meet rising demand for secure, seamless connectivity.
Why WCT Matters
In a space often dominated by short-term hype, WalletConnect shines with its proven history, real value, and community-centric vision. WCT isn’t just another token—it’s the key to the future of onchain UX, backed by data, trust, and a clear strategy.
Whether you’re a user, developer, or node operator, WCT offers a chance to participate and benefit from the network’s growth. With staking, governance, and rewards, this token ensures the community remains at the heart of WalletConnect’s evolution.
This article is for informational purposes only. The information provided is not investment advice
