WalletConnect Token (WCT) is the native token powering the WalletConnect Network—an on‑chain user‑experience ecosystem that enables secure, cross‑chain wallet connectivity to decentralized apps . As of today, WCT trades around $0.33, with a market cap near $62 million and a circulating supply of ~186 million out of a 1 billion max .
WCT’s key functions include staking, governance, reward distribution, and payment of network fees . It reached its all-time high (~$1.35) on May 30, 2025, but is currently trading about 75% below that peak . The token launched via an IEO in February 2025, with initial pricing near $0.20 .
Short-term price analysis shows daily fluctuations of 1–3%, with broader volatility over weeks and months typical of newly launched crypto . Upcoming token unlocks occur monthly from June to November, potentially affecting supply and market dynamics .
In summary, WCT is a utility and governance token for a growing Web3 protocol—trading significantly lower than its peak, but maintaining active staking and ecosystem participation.
