#WalletConnect The announcement by Jupiter indicates a strategic effort to enhance the Solana ecosystem's growth through a WCT airdrop of 5 million tokens. Eligible participants include Jupiter DEX stakers and specific NFT holders.
Jupiter's initiative is part of a broader strategy to stimulate trading volume and incentivize user participation within the Solana network. The WalletConnect Foundation drives the expansion of the WCT as a multi-chain token.
WalletConnect Foundation and Jupiter's WCT airdrop fosters increased on-chain activity and liquidity, evidenced by a 12% uptick in WCT prices following the announcement.