WalletConnect Expands to Solana, Airdrops 5 Million Tokens
WalletConnect, founded by Pedro Gomes, has launched its governance token, WCT, on Solana and executed a 5 million token airdrop to active Solana users. This move marks the beginning of WalletConnect's shift to a "multi-chain process," according to Gomes. The transition to Solana involves collaborations with major applications like Phantom, Jupiter, Backpack, and Solflare.
The immediate result includes increased engagement with WalletConnect’s partners on Solana. The airdrop adds liquidity and could enhance transaction volumes on the platform. Major Solana applications such as Save and Drift have already integrated WalletConnect's infrastructure, illustrating significant ecosystem involvement.
Market response has been positive, with community excitement evident on forums and social media. Key industry figures have noted the potential for increased cross-chain interaction. WalletConnect's founder, Pedro Gomes, stated, "The protocol is moving from an 'Ethereum-centric' to a 'chain-independent protocol', with in-depth collaboration with the Solana ecosystem ongoing for several months."
