$WCT

The WalletConnect Token (WCT) is the native utility and governance token of the WalletConnect Network, a decentralized protocol facilitating secure connections between crypto wallets and dApps. Launched in September 2024, WCT enhances network decentralization and incentivizes participation.

WCT holders can propose and vote on network upgrades, fee structures, and strategic initiatives. It's used for staking, allowing users to support network security and earn rewards. Node operators also earn WCT for their contributions.

With a current market cap of approximately $79 million USD and a circulating supply of over 186 million WCT, the token plays a crucial role in the Web3 ecosystem. Recent news highlights include its expansion to Solana and significant airdrops to active users, underscoring its growing adoption and importance in seamless on-chain interactions.