What is WCT?
🚀 What is WCT?
WCT (WalletConnect Token) is the native utility token of the WalletConnect Network—a decentralized protocol that securely connects crypto wallets with Web3 apps (dApps) via service nodes, without relying on browser extensions or centralized servers .
It powers the network’s on‑chain UX ecosystem by enabling:
Staking: Node operators and users lock WCT to help secure the network, earning weekly rewards .
Governance: Token holders participate in network decisions through voting.
Fees & rewards: WCT facilitates network operations and incentive mechanisms .
📊 Tokenomics & Supply
Max supply: 1 billion WCT
Circulating supply: ~186.2 million (≈19% of max)
Allocation breakdown (source: Tokenomist):
Team: 185 M (locked until Nov 2025, then unlock over 3 years)
Rewards pool: 175 M
Airdrops: ~135 M
Foundation treasury, private/public sales, protocol development, market makers & warrants filling the rest
💹 Market Overview
Current price: ~$0.32–$0.33 USD
24‑hour trading volume: ~$45–65 million
Market cap: ~$60 million
All-time high: ~$1.35 on May 31, 2025
All-time low: ~$0.28 (mid-April 2025)
Over the past 7 days, WCT has seen a modest rebound (~+6–8%) after a sharp drop since its ATH.
⚡ Ecosystem & Utility
WalletConnect enables 15 million+ monthly connections across 300+ blockchains and 67k+ dApps .
WCT enhances this infrastructure by decentralizing node operations, aligning incentives, and granting governance rights.
🔮 Price Outlook & Risks
Analysts' forecasts vary widely:
CoinCodex forecasts WCT averaging ~$0.26–$0.33 by end of 2025, then climbing to ~$0.52 in 2026 and ~$0.60–1.24 by 2029, assuming bullish trends persist .
Kraken and CoinSwitch offer limited forecasting data, often only price trackers .
Risks to consider:
Crypto market volatility can deeply impact WCT’s price.
Its value relies on broader WalletConnect adoption and active network participation.
Token unlocks (e.g. team tokens in Nov 2025) may introduce supply pressure.
✅ Summary
WCT is more than a speculative asset—it's foundational to the governance, security, and reward mechanisms of one of Web3's core connectivity infrastructures.
If you're bullish on Web3 adoption and decentralized wallet solutions, WCT offers a stake in that growth.
If you're risk-averse or cautious, note recent price drops, upcoming unlocks, and overall crypto volatility.
Want to dive deeper?
Explore the [WalletConnect whitepaper] for staking, governance, and on-chain UX protocols.
Track live prices on CoinMarketCap, CoinGecko, Coinbase, Crypto.com, and Investing.com .
Stay updated on token unlock schedules via tokenomics dashboards .