#WalletConnect Token (WCT) powers the $WalletConnect protocol, a chain-agnostic infrastructure letting crypto wallets safely interface with dApps without exposing private keys. Its use-cases include governance, staking, rewards for node operators, and potentially paying fees for network services. Tokenomics are designed for sustainability: ~1 billion max supply, with allocations for ecosystem growth, staking rewards, team, and community incentives. Recent unlock events have raised circulating supply significantly, causing price pressure. $WCT On the positive side, strong integrations and real utility suggest moderate medium-term growth; but execution risk, unlock dilution, and competitive threats remain major risks.