WalletConnect has officially launched its governance token, $WCT, on the Solana blockchain, marking a significant step in its multi-chain expansion. To celebrate, they are airdropping 5 million $WCT tokens to active Solana users.
๐น Key Highlights
Airdrop Details: 5 million $WCT tokens (~$3 million) will be distributed to eligible Solana users.
Eligibility: Users' eligibility is determined based on their activity within the WalletConnect ecosystem, including connections, signatures, and on-chain interactions.
Claim Process: Eligible users can claim their tokens via the official airdrop page.
Utility of $WCT: The $WCT token is integral to the WalletConnect Network, enabling governance, staking, and transaction fee payments.
๐ Current $WCT Trading Status
Price: $0.719 USD
24h Change: +0.0687%
Market Cap: Approximately $79.5 million
Circulating Supply: 186.2 million WCT
Max Supply: 1 billion WCT
๐ฎ Whatโs Next for $WCT?
With the integration into Solana, WalletConnect is positioning $WCT as a central asset in its cross-chain ecosystem. This move aims to enhance interoperability and user engagement across multiple blockchains.
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