🔐 Core Utilities

1. Network Security & Staking

WCT holders can stake their tokens to validate relay services and secure network interoperability. 

2. Governance

Token holders participate in voting on network parameters like fees, staking rules, and protocol upgrades.

3. Ecosystem Fees & Rewards

Fees for relay services circulate back as staking rewards, aligning incentives across users, node operators, and dApp connectors. 

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📊 Tokenomics & Supply

• Circulating supply: ~186 million WCT (~18.6% of max) 

• Maximum supply: 1 billion WCT

• Allocation:

• Foundation & treasury: ~20%

• Team: ~18.5%

• Rewards pool: ~17.5%

• Airdrops, warrants, protocol dev, public sale, private sale, etc. 

• Token unlock: Upcoming ~2.5 million tokens to unlock around June 26, 2025

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💰 Price & Market Performance

• Current price: ~$0.298

• 24‑hour trading volume: ~$60–90 million USD 

• Market cap: ~$55–58 million

• All-time high: ~$1.35 reached May 30, 2025; WCT is now ~–78% below that peak 

• All-time low: ~$0.28 in April 2025 

#WalletConnect $WCT @WalletConnect