WalletConnect is one of the most fundamental yet often overlooked infrastructures in the Web3 ecosystem. Whether connecting to DeFi applications or authorizing signatures within wallets, users interact with it almost daily. Acting as the "USB interface" for on-chain interactions, WalletConnect supports connections between over 600 wallets and more than 40,000 applications, with cumulative connection instances exceeding 275 million. It serves as the true backbone of on-chain user experience (UX).
The newly launched $WCT is more than just a governance token—it is a critical component of WalletConnect’s decentralization roadmap. The current network architecture has laid the groundwork for a communication network composed of service nodes and gateway nodes. The plan is to gradually open node permissions, forming an open, token-incentivized connection protocol ecosystem.
The core design of $WCT empowers connectors: wallets can stake tokens to participate in network governance and reward distribution, while applications can integrate via SDKs to receive standardized support. This creates a multi-party collaborative network centered around the function of “connection.” As wallets and applications increasingly demand privacy, security, and stability, the need for a neutral, highly available, and censorship-resistant communication layer is growing—WalletConnect is positioning itself as the gateway to meet this demand.
Among infrastructure narratives, WalletConnect stands out with real-world usage and adoption. This token launch is not a speculative move, but rather a realization of years of accumulated “connection dividends.”
