$WCT: The 'Connecting Hub' of the Web3 Ecosystem
1. Project Overview
WalletConnect is a core infrastructure protocol in the Web3 space, dedicated to seamlessly connecting cryptocurrency wallets and decentralized applications through end-to-end encryption technology. Since its launch in 2018, it has become the industry standard for cross-chain interactions, supporting over 60 public chains including Ethereum, Solana, and Polygon, integrating over 600 wallets and processing more than 275 million connections cumulatively, with an average of over 5.2 million active wallets daily.
2. Technical Advantages
Security and Convenience: Establishes an encrypted channel through QR code scanning or deep linking, allowing users to complete transaction signatures without exposing their private keys, ensuring asset and privacy security.
Multi-Chain Compatibility: Breaks down ecological barriers, supporting seamless interaction across devices and chains, reducing developers' multi-chain adaptation costs, achieving 'one integration, universal across chains.'
Open Ecosystem: The open-source protocol attracts global developers to co-create, and the modular SDK empowers DApps for rapid integration, natively adapting to Account Abstraction (AA) technology, optimizing future user experiences.
3. Token $WCT: Empowering Ecological Value
$WCT is the native token of the WalletConnect network, with a total supply of 1 billion coins. Core functions include:
**Governance Rights:** Holders can participate in protocol upgrades and fee mechanism decisions, promoting decentralized governance.
**Staking Rewards:** Stake WCT to earn fee sharing and ecological incentives, with an annualized yield of up to 85%.
**Practical Scenarios:** Pay network fees, unlock advanced features, deeply integrating into the Web3 economic closed loop.
4. Market Performance and Outlook
Since its launch in April 2025, WCT has performed strongly, with its price soaring from the issuance price of $0.28 to $1.16, an increase of over 276%, and a market cap exceeding $216 million. Its scarcity and high trading activity highlight market confidence. In the future, WalletConnect plans to expand into the Solana ecosystem, launch a decentralized messaging protocol, and explore integration scenarios with CBDCs. WCT is expected to become the 'HTTP-level' infrastructure token of Web3, with a valuation potential of 3-5 times.
