WCT Dips 4.67% After Staking Surge, Solana Expansion, and 5 Million Token Airdrop

WalletConnect Token (WCT) is currently trading at $1.0532 on Binance, reflecting a 4.67% decrease over the past 24 hours, with a 24-hour open of $1.1048 and continued high trading volumes. The recent price decline follows a period of heightened volatility and significant gains driven by major developments, including the launch of WCT staking (which saw 1.2 million WCT staked and a surge in user engagement), the expansion to the Solana network with a 5 million WCT airdrop, and strong ecosystem growth that previously pushed WCT to new all-time highs. The current correction appears to be a market response to profit-taking after rapid price appreciation and increased trading activity following these high-profile events.