WalletConnect Token rallies 11% as Jupiter stakers added to WCT airdrop list

WCT jumped 11% following news that Jupiter stakers will be eligible for a token claim tied to WalletConnect’s Solana expansion.

The price rally followed growing anticipation around WCT’s expansion to Solana. At the Solana Accelerate event, WalletConnect Foundation founder Pedro Gomes said the token would go live on the network later this month via Wormhole’s Native Token Transfers standard.

The goal is to identify real users, those already building, staking, and transacting on Solana. […] This follows the success of the 2024 token claim, which saw 50 million WCT distributed to early contributors across the WalletConnect ecosystem, previously in the Optimism and Ethereum ecosystems.