$WCT The sustained increase in the price of WCT can be attributed to several key factors:

1. Expansion to Solana and strategic partnerships: WalletConnect announced its integration with the Solana network, which includes collaborations with platforms such as Phantom, JupiterDAO, Backpack, and Solflare. This expansion has generated greater interest and adoption of the token.

2. Airdrops and incentives: The inclusion of Jupiter stakers on the eligibility list for WCT airdrops has incentivized demand for the token, contributing to its appreciation.

3. High trading volume: WCT has recorded a daily trading volume exceeding $970 million, indicating high liquidity and strong interest from investors.

4. Token utility: WCT not only serves as a medium of exchange but also plays roles in governance and participation in the WalletConnect network, adding intrinsic value to the token.

5. Positive market sentiment: The recent surge of Bitcoin and the general optimism in the cryptocurrency market have positively influenced tokens like WCT, which benefit from a bullish environment.

The continuous growth of WCT is due to a combination of solid fundamental factors, growing adoption, and a favorable market environment. While short-term prospects are optimistic, it is essential to stay informed and consider the risks associated with investing in cryptocurrencies.