#WCTtoTheMoon
Slow and Steady wins the race
We can't rely on Meme coins and useless projects
The only projects that will survive are those with real utility, revenue, and PMF.
WalletConnect is one of the few examples of that. WalletConnect Network enhances Web3 by enabling any wallet to work across any app or platform.
This chain-agnostic infrastructure spans ,polka dots, Solana, Cosmos, EVM, Bitcoin, and more.
Since its founding in 2018, WalletConnect has gained a reputation for trust, resilience, and security.
VERY FEW projects that reached mass adoption in Web3. WalletConnect is one of them ( The projects that became backbones of DeFi infrastructure)
Project Key Highlights:
~ 275M+ Connections Facilitated
~ 45M+ Users
~ 100M+ WCT Staked
~ 61,500+ Apps
~ 600+ Wallets
~ 305,000 tokenholders
You can check the more stats below
https://walletconnect.network/
It fuels the on-chain UX ecosystem by empowering its community of users, apps, and wallets to contribute to a better on-chain future through shared incentives.
It's operating on the Optimism network
Utility
- Fees: These are used to pay for network services like relay usage.
- Rewards: Tokens are distributed as incentives to keep the network secure and efficient.
- Staking: WCT holders can stake tokens to receive rewards.
- Governance: $WCT holders can vote on proposals and updates, giving the community control.
- The more users connect their mobile wallets to apps via WalletConnect, the more value is captured that will be generated back to $WCT holders.
Also, there's buyback and fee switch rumors, both strong bullish triggers
Conclusion
WalletConnect is a very solid project with a working product, a great userbase, and is widely adopted.
$WCT is battling setbacks while sustaining consistent progress. Sooner or later but it will attain its peak of success.