๐ What is WalletConnect & WCT Token?๐
๐ทCore Infrastructure: WalletConnect is a key UX bridge that connects over 600 wallets to 40,000+ dApps, facilitating more than 150 million connections from 24 million users across chains like Ethereum, Solana, Polkadot, Cosmos, and Bitcoin.
๐ทWCT Purpose: The WalletConnect Token (WCT) is intended to decentralize this infrastructureโenabling service and relay nodes, community governance, and incentivized network participation.
๐ Key Metrics & Tokenomics
โด๏ธPrice Today (July 29, 2025): ~$0.34; Market Cap: ~$63M; 24h Volume: ~$56M.
โด๏ธCirculating Supply: ~186M WCT (โ18.6% of 1B max supply). FDV ~ $342.6M.
โด๏ธToken Allocation: 20% Foundation treasury, 18.5% Team, 17.5% Rewards, 13.5% Airdrops, others allocated to protocol dev, partners, market makers.
โด๏ธAirdrop: ~5M WCT distributed on Solana upon launch.
โ๏ธ Why WCT Could Matter
๐บInfrastructure Backbone: It underwrites the decentralization of WalletConnect, turning it into an open, tokenized relay network. Nodes will be incentivized and permissionless over time.
๐บUbiquity & Utility: With daily users relying on WalletConnect to sign transactions and interact with dApps, WCT tokenization brings purpose beyond just governanceโincentives, staking, potential reduced fees.
๐ Pros & Risks at a Glance
โ
Strengths:
Critical UX Infra: Almost every Web3 wallet and dApp uses WalletConnect daily.Decentralization Token Utility: WCT powers governance and node operation.Massive User Base: Millions of connections alreadyโgrowth baked into human infrastructure.
โ ๏ธ Considerations:
Token Unlock Schedule: More supply unlocking through 2028 may create pressure.Price Volatility & Forecast Divergence: Mixed predictions highlight uncertainty.Competition & Regulation: New wallet standards or legal risks could impact WCTโs path.
๐ฏ Final Take: What Could WCT Be?
๐ขShortโtoโMid Term (6โ12 months): Potential target range $0.40โ$0.60, depending on adoption and node/governance rollout.
๐ขLong Term (3โ5 years): If adoption scales and node architecture goes live, targets of $1โ$3+ become plausible.
๐ขWhy It Could Grow: Tokenizing the backbone of Web3 user access aligns strong utility with ecosystem dominance.
๐Why Smart Investors Watch WCT
๐ธIt's the token foundation for decentralizing a universally used Web3 bridgeโconnecting wallets and apps across blockchains.
๐ธWith strong fundamentals, token-based incentives, and scalable infrastructure plans, WCT blends real utility with long-term value support.
๐ธWhile forecasts vary, upside potential remains compellingโespecially for those who believe Web3 user experience is the next battleground.
๐ทWalletConnect is no longer just infrastructureโitโs becoming an open network, powered by WCT. If decentralized UX matters, so does tokenizing this architecture. For disciplined, utility-driven investors,
$WCT may be worth stacking.๐ท
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