With Binance’s integration on Solana and a 5M WCT airdrop, strengthened on-chain activity and liquidity pave the way for the next bullish move.
Today’s Update
$WCT trades around $0.32, down ~6.3% over 24h. Volume is $35–42M, and market cap is approximately $60M. Weekly sentiment remains up ~7% despite short-term pullback.
News & Price Drivers
• Short-term: Binance completes Solana integration (deposit/withdraw open); 5M WCT airdrop for Solana wallet users.
• Long-term: WalletConnect supports 15M+ connections monthly across 300+ chains; backed by Binance, accelerating utility. Token serves in staking, governance, rewards—on Ethereum, Optimism, Solana.
Technical Analysis & Scenarios
WCT is consolidating near $0.32 support with neutral RSI and reduced volume.
Bull case: hold $0.31 → rally to $0.345–0.35.
Bear case: break below $0.31 → decline to $0.29–0.30.
Investment Strategy
Short-term traders: buy at $0.315–0.32; target $0.345–0.35; SL < $0.31.
Mid/long-term holders: accumulate $0.31–0.32; target $0.40–0.50; SL < $0.30.
*Not financial advice. DYOR & manage your risk.
