#WalletConnect
WalletConnect is a web3 communication
protocol that enables wallet-to-dApp connections. Its native token, $WCT, powers the network and provides governance control, staking rewards, and utility potential. Currently, $WCT is trading at $0.2939 with a market cap of $54.72 million. The token has experienced significant price fluctuations, plummeting 63% in June and hitting a critical support level. Despite this, $WCT retains strong backing from major networks. WalletConnect has expanded to Solana, with 5 million WCT tokens set for airdrop to active users. This move aims to enhance wallet interoperability and boost trading volume ¹ ².
