WCT Surges 17% as Binance Launches 'Write to Earn' and Solana Expansion Boosts Trading Activity

WalletConnect Token (WCT) is currently trading at $1.0908 on Binance, marking a 17.13% increase over the past 24 hours with a 24-hour open of $0.9313, substantial trading volume, and a circulating supply of 186.2 million tokens. The strong price surge and record trading activity are attributed to several key factors: the launch of Binance’s 'Write to Earn' initiative for WCT, WCT’s recent expansion to the Solana blockchain, and a notable 2.5 million token transfer to Binance from a WalletConnect-linked address, all of which have driven heightened investor interest and ecosystem engagement. Technical indicators such as a high RSI and strong MACD readings have further signaled bullish momentum, while increased on-chain activity and exchange inflows underscore the token’s rapid growth and positive market sentiment.