@WalletConnect Integrated Sui Network, Promoting Institutional-Level DeFi Development

April 2025, Cross-Chain Protocol #WalletConnect

Announces the integration of the high-performance blockchain Sui Network, significantly enhancing the accessibility of its DeFi ecosystem. This strategic move aims to optimize the participation experience for institutional-level users while further advancing decentralized governance.

Core Progress

1️⃣ Expanding DeFi Coverage

The integration of the Sui Network enhances WalletConnect's cross-chain capabilities, currently supporting over 600 wallet providers, offering institutional users a smoother asset interaction experience.

2️⃣ Governance and Liquidity Upgrades

The WalletConnect Foundation has recently achieved the transferability of its native token (WCT), aiming to improve community governance participation and enhance market liquidity, paving the way for potential exchange listings.

3️⃣ Accelerating Institutional Adoption

With Sui's high throughput and low latency characteristics, WalletConnect further attracts institutional investors, driving large-scale adoption of DeFi.

Industry Insight

“The transferability of $WCT will deepen community governance while attracting more institutional capital, especially as tokens become core assets for governance and trading.” — WalletConnect Official Statement

Market analysts point out that WalletConnect's decentralization process in recent years has significantly enhanced network activity. This integration of Sui is expected to replicate the successful paths of other leading DeFi protocols, further expanding its influence in the open financial ecosystem.