#WalletConnect and $WCT WalletConnect (WCT) is a popular open-source protocol that enables seamless connections between decentralized applications (dApps) and crypto wallets. It's widely used in the Web3 ecosystem for secure, cross-platform communication.

### **WalletConnect ($WCT) Small Potential (Small Cap Gem?)**

While WalletConnect itself is a well-established protocol, its native token **$WCT** has flown under the radar for many investors. Here’s why it might be worth keeping an eye on:

#### **Key Points:**

✅ **Utility**: $WCT is used for governance (WalletConnect is transitioning to a DAO model).

✅ **Adoption**: WalletConnect is integrated with major wallets (MetaMask, Trust Wallet, Rainbow, etc.) and hundreds of dApps.

✅ **Partnerships**: Collaborations with Ethereum Foundation, Coinbase Wallet, and other big players.

✅ **Low Market Cap**: Compared to other Web3 infrastructure tokens, $WCT is still relatively small.

✅ **Future Upgrades**: WalletConnect v2 improves scalability, multi-chain support, and user experience.

#### **Risks & Challenges:**

⚠️ **Competition**: Faces rivals like Web3Modal, Magic.Link, and other wallet connection solutions.

⚠️ **Tokenomics**: Need to check circulating supply, inflation, and demand drivers.

⚠️ **Regulatory Uncertainty**: If deemed a security, could face hurdles.

### **Conclusion:**

WalletConnect is a critical piece of Web3 infrastructure, and if its governance token ($WCT) gains more utility (staking, fee discounts, etc.), it could see significant upside. However, as a smaller-cap project, it carries higher risk.