The meeting implies clues for the WCT Staking 2.0 upgrade, which will combine the LST mechanism to allow users to stake ETH (such as Lido stETH) while earning WCT returns, addressing the volatility risk of single-token staking. The new model could leverage billions of ETH staking funds, with annual returns potentially jumping from 15% to over 35%, siphoning off SOL and ADA staking capital. However, high returns depend on protocol revenue growth, and attention should be paid to the commercialization path announced by EthCC. #WalletConnect $WCT
EthCC provides a compliant narrative springboard for WCT. It releases signals compatible with the MiCA framework alongside the French AMF regulatory agency, eliminating policy concerns, and institutional investors may increase their holdings of WCT as a Web3 infrastructure asset. Community engagement exceeds the industry average interaction rate by three times, attracting incremental users to participate in staking (currently locked at 120 million tokens). If enterprise-level collaborations (such as Coinbase integration) are announced, the market value is expected to reach the top 300. #WalletConnect $WCT @WalletConnect
What hints are there from the latest WCT announcement? Technical integration drives cross-chain ecosystem expansion The appearance of EthCC marks WalletConnect's accelerated penetration into the Ethereum Layer 2 ecosystem. Its collaboration with decentralized storage protocols and founder promotes the integration of WCT protocol into the Rollup application stack (such as Optimism, Arbitrum), achieving standardization of cross-chain signatures and data verification. This will stimulate dApp adoption rates, with 45 million wallet users potentially doubling, forcing project parties to hold WCT to pay connection fees, leading to a surge in token utility demand. In the short term, after the Solana airdrop, the Ethereum ecosystem may become the next main battlefield for staking. #WalletConnect $WCT
- Latest Price: $0.3215, 24-hour increase +1.13% - 24H Highest Price: $0.3440, current price down -6.5% from peak - 24H Lowest Price: $0.3163, current price support strength under verification - 24H Trading Volume: 29.2857 million WCT, trading activity moderate - 24H Transaction Amount: $9.6336 million USDT, liquidity shrank by 50% compared to previous day ($19.42 million)
Technical Key Signals
1. Moving Average System (MA) - MA(7): $0.3241, current price ($0.3215) below 7-day moving average, short-term under pressure - MA(25): $0.3256, mid-term resistance level, breakthrough requires volume support - MA(99): $0.3136, long-term support level, a drop below may accelerate downward movement 2. Multi-Period Performance - Today: +1.23%, oversold rebound - 7 Days: -8.29%, downward trend continues - 30 Days: -70.20%, deep bear market 3. Order Distribution - Buy orders account for 56.44%, limit orders concentrated at $0.3212–0.3213 (support testing) - Sell orders account for 43.56%, recent sell orders only -0.0001 away from current price ($0.3212), upward selling pressure is light
Short-Term Trend Judgment
1. Bull-Bear Game Focus - Key Support: $0.3163 (24H lowest) and MA99 ($0.3136), if broken, look down to psychological level of $0.30. - Key Resistance: $0.3241 (MA7) → $0.3256 (MA25) → $0.3440 (24H high), breakthrough requires increased transaction volume. 2. Volume Warning: - 24H transaction amount ($9.63 million) halved compared to previous day, rebound momentum insufficient, beware of false breakthroughs. - Vol(5) > Vol(10) (1.037 million > 986,000), indicates short-term buying slightly dominant but sustainability in doubt.
Risk Warning
- 30-day drop of 70% reflects weak market confidence, any negative news (like large sell-offs) may trigger panic selling. - Binance spot depth shows thin sell order accumulation ($0.3213 only 2,993 coins), easily manipulated in the short term, but beware of false bullish traps.
Summary
Currently, WCT is in an oversold weak rebound stage ($0.3215, +1.13%), technical MA99 ($0.3136) is the lifeline, while upper MA7/MA25 forms dual resistance.
- Bullish Signal: Buy orders account for 56.44%, MA99 support unbroken. - Bearish Risk: Transaction amount shrank by 50%, 30-day decline of 70.2% difficult to recover. Advice: For the short term, operate within the range of $0.3136–$0.3256, follow the trend for any breakthrough in either direction, position ≤ 5% and strict stop-loss.
The Relationship Between WCT and the Community 4 Crisis Response: A Test of Community Consensus Resilience
1. Collective Action in Price Plunge (May – June 2025)
- Event: WCT plummeted from $1.34 to $0.32 (-76%), panic caused by whale sell-off. - Community Response: - Self-Rescue Proposal: Pause the unlocking plan (locking 120 million tokens to be released), received 92% support. - Liquidity Defense: Community fund allocated 2 million USDT to place buy orders at $0.30, slowing the decline. - Public Opinion Counterattack: Users spontaneously initiated the #WCTStrong movement on Twitter, exposing the real data of the protocol (daily active users increased by 23%).
2. Building Long-Term Resilience
- Education Fund: Use protocol revenue to open Web3 wallet courses, nurturing new users (such as in India and Southeast Asia). - Developer Rescue Program: Provide interest-free WCT loans to dApps that have been attacked by hackers. #WalletConnect $WCT
The relationship between WCT and the community: Governance collaboration: Dispute resolution and ecological expansion
1. Governance Framework
- Proposal types: Technical upgrades (30%), Financial grants (40%), Cooperative decision-making (30%). - Classic case: Community voted to approve the “dApp tiered charging” proposal, charging a 0.1% connection fee for high-frequency applications (paid in WCT), with 50% of the revenue distributed to stakers.
2. Cross-community collaboration
- SeedClub Accelerator: WCT serves as a membership certificate, incubated projects need to consume WCT to apply for resources (such as security audit subsidies). - DAO Alliance Governance: Collaborating with Aragon and Safe to develop cross-DAO toolchains, WCT holders can participate in joint proposals (such as multi-chain Gas fee optimization).
Conflict resolution: When the foundation proposed to cut developer incentives, the community initiated the “Builders Shield” proposal to enforce the retention of 30% of the budget, with a voting approval rate of 81%. #WalletConnect $WCT
II. Economic Symbiosis: Community Incentive Design in Token Models
1. Staking Network: Shared Protocol Revenue
Ordinary users obtain an APY of up to 18%-25% through staking, thereby reducing circulation and stabilizing the stablecoin price.
Node operators are incentivized by distributing WCT based on the volume of relay requests, achieving community value that ensures the decentralization and stability of the network.
dApp developers are incentivized by paying WCT to obtain high-priority API services, creating a rigid demand for tokens as community value.
2. Airdrop Strategy: Precisely Targeting Value Contributors
- Solana Ecosystem Airdrop: Distributing 5 million WCT to active users of Jupiter and Backpack, with a conversion rate of 32% (user retention and participation in governance). - Anti-Witch Mechanism: Airdrops are tied to on-chain behavior (e.g., cross-chain transactions ≥ 5 times) to ensure rewards go to real users.
Result: 60%-80% of airdropped tokens are locked in staking, making the community “co-owners” of the protocol. #WalletConnect $WCT
The Relationship Between WCT and the Community Technological Empowerment: Community-Driven Protocol Evolution
Core Mechanism: WCT serves as a voting credential for protocol upgrades, transferring technical decision-making power to the community.
- Case: In the 2025 v3 version upgrade, the community decided to introduce Session NFTs through Snapshot voting, allowing users to redeem governance weight based on on-chain interaction records, while developers contributing code can earn WCT rewards. - Data: There are 42,000 addresses participating in proposal voting, of which 73% are ordinary users (holding <10,000 WCT), breaking the dilemma of technical decision-making being monopolized by whales. - Community Roles: - Developers: Submit protocol improvement proposals (WCIPs) and receive funding from the foundation upon approval. - Node Operators: Report vulnerabilities during testnet stress testing and receive WCT rewards (up to 50,000 tokens).
Effect: The speed of technological iteration increased by 40%, and the response time for vulnerability fixes was reduced to within 48 hours. #WalletConnect $WCT
Today's WCT has risen sharply, let's analyze 1. Current price: $0.3213 (+3.35%), 24-hour fluctuation range $0.3105–$0.3270. 2. Trading volume: 10.7498 million WCT traded in the last 24 hours (approximately 3.4293 million USDT), with buying volume accounting for 55.29% (short-term bulls dominate). 3. Moving average system: - MA(7): $0.3224 (support below current price) - MA(25): $0.3185 (dynamic support level) - MA(99): $0.3083 (long-term strong support). 4. Technical indicators: - 4-hour chart MA(5) and MA(10) death cross (557,216.7 vs 547,115.0), volume contraction indicates weakness in rebound. - RSI not overbought (no divergence signals), but 7-day drop of -7.51% reflects mid-term bearish dominance.
📉 Short-term trend projection (24–72 hours)
Scenario 1: Continuation of rebound (probability 40%)
- Condition: Stabilize above MA(7) ($0.3224) and break through previous high of $0.3270. - Driving factors: - Buying volume of 55.29% shows bullish momentum, if volume breaks through $0.3270 or triggers short covering. - MA(99) ($0.3083) forms psychological support, attracting bargain hunters. - Target price: $0.3350 (4-hour high) → $0.3500 (key resistance).
Scenario 2: Pullback to test bottom (probability 60%)
- Condition: Lose MA(25) ($0.3185) and break below $0.3105 (24-hour low). - Driving factors: - 7-day drop of -7.51% reflects a bearish trend, MA(5) and MA(10) death cross suppresses rebound. - 30-day crash of -72% leads to profit-taking at highs ($0.35–$0.40 range as dense resistance). - Target price: $0.3083 (MA(99)) → $0.3000 (psychological level) → $0.2850 (strong support area).
🔥 Core observation indicators
Signal Type Bullish Trigger Point Bearish Trigger Point Price >$0.3270 (breakthrough with volume) <$0.3105 (sustained for 2 hours) On-chain data Whale addresses increase holdings >1 million WCT Exchange inflow volume surges by 50% Market sentiment Bull-bear ratio >1.2 Fear and greed index <30 (panic)
Summary: The current price is at a critical point between bulls and bears, short-term suggestion is to watch or take light positions. If supplementary data shows whale accumulation/Solana airdrop staking rate is high, the rebound probability can be raised to 60%; if large amounts flow into exchanges, be cautious of a drop to the $0.28 range. #WalletConnect $WCT
Countdown to the end of the event: 95 days, New posts yesterday: 1280 Total posts: 19,364 (as of 8 AM) The 'mouth play' that civilians can participate in has arrived Binance Square has launched a new posting activity in collaboration with WCT, with a total prize of $50,000. Civilian players can participate in Activity 1, with a prize of $200,000. Currently, there are fewer than 10,000 participants. Reward for each user: (User post count / Total post count) * (User participation / Total participation) * 200,000 USD Rewards are entirely dependent on the number of posts and interactions, and will continue until September 30th. Let's mouth play together!!!! Currently, there are still not many participants. More posts and activities will definitely yield great rewards. #WalletConnect $WCT
Countdown to the end of the event: 96 days, New posts yesterday: Total posts: 18084 (as of 8 AM) The 'mouth play' that civilians can also participate in is here Binance Square, in collaboration with WCT, has launched a new posting event with a total prize pool of $50,000. Civilian players can participate in Event 1, with a prize pool of $200,000, currently with less than 10,000 participants. Each user reward: (User post count / Total posts) * (User participation / Total participation) * $200,000 Rewards are entirely dependent on the number of posts and interactions, continuing until September 30th. Let's join in the mouth play!!!! #WalletConnect $WCT
Mutual evaluation and mutual praise!!! Future bets - Why is WCT the core bet of 'DeFi 3.0'?
🔮 Industry truth: The next wave of growth in DeFi is not in new protocols, but in the pipelines connecting to the real world!
@WalletConnect locks in victory with three trump cards: 🎯 Entrance monopoly: 45 million users, the default connection layer for 75% of mainstream DApps; 🎯 Institutional engine: Collaboration with BitGo will bring exponential TVL growth; 🎯 Public chain alliance: Official endorsement from the three major ecosystems SOL/SUI/HBAR!
💎 Simple logic: More users → More DApp integrations → More dependency on public chains → $WCT value capture enhancement
Now, do you understand why smart money is positioning itself?🔥 #WalletConnect $WCT
Mutual Praise and Evaluation Institutional Revolution - BitGo + WCT Opens the "Traditional Capital Gate"
💼 Historic Turning Point: Traditional institutions are making a large-scale entry into DeFi through @BitGo + @WalletConnect !
Deep Meaning👇
- ✨ Compliance Channel: BitGo provides institutional-grade custody, WCT addresses on-chain interaction pain points; - 💰 Hundreds of Billions in Liquidity: Governance, trading, LP returns accessible at the touch of a button, bidding farewell to OTC monopoly; - 📈 New Narrative: "Institutional DeFi" will drive $WCT from tool token to yield distribution layer!
If you underestimate the speed of this capital migration, you might miss Alpha🚀 #WalletConnect $WCT
Ecological Expansion - WCT's 'Breaking the Circle' Strategy Conquers Three Major Public Chains
📢 Major Signal: @solana, @SuiNetwork, @hedera are all betting on @WalletConnect!
This is no coincidence - when public chains compete for users, whoever can reduce entry friction will win the market. WCT's cross-chain compatibility has become a necessity for ecological expansion:
Technical Infrastructure - WCT as the 'Invisible Pipeline' for Trillions in DeFi Traffic
🚨 Breaking Moment: $100B+ in incremental assets flowing into DeFi via @WalletConnect ! The unsung hero behind this is @reown_'s WalletKit SDK - it compresses complex wallet interactions into 'one-click connection', allowing institutions to seamlessly access top DEXs like @Uniswap through @BitGo.
💡 Why It Matters?
- In the past: Institutions were held back by technical barriers outside the chain; - Now: WCT uses standardized APIs to open compliant gateways, transforming cold funds into on-chain liquidity!
🌐 WCT is upgrading from a 'connection tool' to the traffic hub of DeFi, with a reevaluation of ecological value for $WCT imminent! #WalletConnect $WCT
- Phishing Attack Alert: Tweets reveal a recent large-scale phishing email scam targeting cryptocurrency users, with attackers impersonating well-known platforms like WalletConnect, Cointelegraph, Token Terminal, etc.
- Forgery Methods:
- Sending fake 'airdrop' or 'test eligibility' emails using highly imitated official email addresses (e.g., variations of [email protected]).
- Embedding malicious links to induce users to connect their wallets and sign malicious transactions, resulting in asset theft.
- Scale of Loss: On-chain detective ZachXBT tracked and confirmed that related addresses have stolen $580,000 (primarily in ETH), involving over 280 types of tokens.
2. Official Action Statement
- Denial of Airdrop Activities: WalletConnect explicitly states that it has not initiated any email airdrop activities, and all official messages are only released through verified channels (official website/Twitter/blog).
- Community Collaboration Call:
- Urging users to report suspicious emails to the security team.
- Forwarding ZachXBT's investigation report to leverage community power to expand the warning scope. #WalletConnect $WCT
According to the official announcement from WalletConnect and information about Solana ecosystem collaboration, Solana Mobile phone users are one of the core qualification groups for this WCT token airdrop, with specific rules and participation methods as follows:
📱 1. Core qualification subjects
- Solana Mobile phone holders: including users who have pre-ordered or own Solana Mobile Chapter 2 devices. - Additional explanation: If users previously missed other Solana ecosystem airdrops (such as Jupiter or Backpack airdrops) due to unmet conditions (such as wallet activity, on-chain interaction frequency), this time they can directly obtain claiming qualifications through the identity of the Solana Mobile device.
Countdown to the end of the event: 97 days, Posts made today: Total posts: 17362 (up to this post) The 'Mouth Licking' event for the public is here A new posting event launched by Binance Square in collaboration with WCT, with a total prize pool of $50,000. Regular players can participate in Activity 1, with a prize pool of $200,000, currently with less than 10,000 participants. Each user's reward: (User's post volume / Total number of posts) * (User's participation / Total participation) * $200,000 Rewards depend entirely on the number of posts and interactions, lasting until September 30th. Let's all join in and mouth lick!!!! #WalletConnect $WCT @WalletConnect
1. Staking eligibility: Open to all WCT holders, with no minimum threshold. 2. Governance empowerment: Obtain voting rights after staking, allowing participation in key decisions such as protocol upgrades and fee models (e.g., voting on Smart Sessions features). 3. Earnings incentives: Stakers receive rewards based on lock-up period and quantity, with an annualized return of approximately 15–20% (based on on-chain data estimates).
🔍 In-depth analysis of staking mechanisms 1. The core objectives of staking
- Promotion of decentralized governance: By staking and locking tokens, users become network node participants, jointly deciding the protocol's development direction (e.g., fee structure, node operator access).