WalletConnect Token (WCT) is the native utility token of the WalletConnect Network, a protocol that enables seamless and secure connections between decentralized applications (dApps) and wallets. WCT plays a key role in powering the decentralized infrastructure of WalletConnect by supporting governance, staking, node incentives, and fee payments. Launched in 2025, WCT allows token holders to participate in protocol decisions, such as upgrades and ecosystem developments.
With over 150 million connections and 23 million users globally, WalletConnect has become a vital bridge in the Web3 space. The WCT token ensures the network remains decentralized and community-driven. It also incentivizes users and developers to actively engage in the ecosystem. Despite recent market volatility, WCT holds long-term potential due to its strong utility and growing adoption. As more dApps, wallets, and users rely on WalletConnect for secure interoperability, the demand for WCT is expected to rise, enhancing its value and relevance in the crypto space.