#WalletConnect
I'm assuming you're referring to WalletConnect and its native token, WCT (Connect Token), used within the WalletConnect Network. Here's a concise overview based on available information:
What is WalletConnect?: WalletConnect is an open-source protocol that enables secure connections between cryptocurrency wallets and decentralized applications (dApps) across over 150 blockchain networks, supporting more than 6,000 dApps and 500+ wallets. It uses QR codes or deep links for encrypted, secure communication, ensuring private keys remain in the user's wallet.
WCT Token:
Purpose: WCT is the native token of the WalletConnect Network, powering its onchain UX ecosystem. It supports functions like staking, rewards, fees, and governance as the network decentralizes.
Launch Details: Launched on Optimism’s OP Mainnet, leveraging Ethereum’s security and OP Mainnet’s speed. The initial supply is capped at 1 billion tokens, with no planned inflation for distribution.
Market Data: As of June 12, 2025, the WCT price was approximately $0.3508 USD, with a 24-hour trading volume of $43,492,856.65 USD and a market cap of $65,316,760 USD. It was down 2.41% in the last 24 hours, with a circulating supply of 186,200,000 WCT.
Airdrop: WalletConnect announced an airdrop, with 18.5% of the token supply allocated. The first airdrop was planned for the end of 2024, with registration details shared via their official channels.
Contract Address: On Solana, the official WCT contract address is WCTk5xWdn5SYg56twGj32sUF3W4WFQ48ogezLBuYTBY. Always verify addresses to avoid scams.
Use Cases: WCT facilitates seamless wallet-to-dApp interactions, such as trading on DeFi platforms (e.g., Uniswap, PancakeSwap), engaging with NFT marketplaces (e.g., OpenSea), or paying with stablecoins like USDC at supported merchants (e.g., Shopify stores via Coinbase)....
