WalletConnect's WCT Data Insights Reveal Web3 Connection Potential

As an observer of the Web3 ecosystem, I have conducted an in-depth study of @WalletConnect on Dune's WCT data dashboard, and I am impressed by its ability to enhance the on-chain user experience (UX). WalletConnect Network connects over 600 wallets and more than 67,000 dApps, with a total of over 300 million connections, covering 47.5 million users, making it the central hub for connections in Web3. The WalletConnect dashboard shows that $WCT tokens (total supply of 1 billion) have been staked at 123 million, with over 59,000 users participating, and a maximum APY of 23%, reflecting the community's strong support for the decentralization of the network.

WalletConnect's staking mechanism incentivizes users to participate in governance through smart contracts, allowing stakers to vote and earn weekly rewards, with Season 1 airdrop distributing 185 million $WCT, enhancing community engagement.

I believe that WCT's dynamic staking (ranging from 1 week to 2 years) provides users with flexibility, while ensuring wallet security and UX quality through WalletGuide certification (such as BitPay, Coinbase). By July 2025, the market cap of $WCT is expected to reach $65 million, with a trading volume of $187 million.

In the future, WalletConnect plans to expand cross-chain messaging, aiming to connect 100 million users. #WalletConnect $WCT is the driving force behind the Web3 UX ecosystem.