WalletConnect Launches Native Token WCT, Moving Towards Full Decentralization and Ecosystem Expansion
Core Content
WalletConnect, as a leading wallet-to-application interoperability protocol, supports over 15 million connections per month and launched its native token WCT in April 2025. This token supports staking, governance, and future fee-sharing mechanisms, underpinning the protocol's decentralized roadmap, gradually transitioning from foundation control to community autonomous organization (DAO) governance. WalletConnect places a high value on seamless user experience improvements, multi-chain support, and strategic integration with Binance products, while ensuring network security through a performance-based node reward mechanism.
Market Sentiment
This news is expected to stimulate investor optimism towards infrastructure projects that promote Web3 interoperability. The introduction of governance and staking incentives may encourage long-term holding and network participation, forming a stable user base. Given that WCT initially has a daily trading volume of about $150 million and rising prices, market sentiment may be positive, but investors will focus on the actual governance launch and usage-based reward mechanisms to maintain growth momentum.
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