WCT Surges 25% After Binance Listing, Solana Integration, and Airdrop Rewards Drive Record Volume
WalletConnect Token (WCT) is currently trading at $1.1520 on Binance, up 25% over the last 24 hours with a 24-hour open of $0.9216, exceptionally high trading volume, and a volume-to-market-cap ratio exceeding 300%. The recent price surge is primarily attributed to WCT’s new listing on Binance, the launch of the token on the Solana network, and the distribution of airdrop rewards to users of popular Solana wallets such as Phantom, Backpack, and Solflare. Additional momentum was driven by increased on-chain activity, including a 32% rise in transactions and a significant token inflow to Binance, as well as anticipation around WCT’s planned expansion to the Optimism mainnet later in 2025. Technical indicators, such as an RSI of 78 and strong bullish momentum, further reflect heightened market interest and trading activity following these developments.