Latest WalletConnect Token (WCT) News Update

Deep Dive

1. Wave 2 Staking Rewards Launch (20 January 2026)

Overview: WalletConnect distributed 1.9 million WCT to qualified long-term stakers on Optimism, exceeding initial plans. The program targets wallets with a minimum of 100 WCT staked and is designed to offer an approximate 30% Annual Percentage Yield (APY). This follows Wave 1, which distributed 1.5 million WCT.

What this means: This is bullish for WCT because it directly incentivizes holding and participating in network governance, which can reduce sell pressure from stakers and strengthen the protocol's decentralization. The high APY could attract more capital, though it also introduces new inflationary supply that the market must absorb. (Kanalcoin)

2. Upbit Revises WCT Circulation Plan (12 January 2026)

Overview: On 15 March 2025, Upbit announced a strategic increase to the Q1 2025 WCT circulating supply schedule by 8,183,738 tokens—from 351.14 million to 359.33 million. The change was made at the explicit request of the WalletConnect team and was communicated transparently.

What this means: This is neutral to slightly bearish for WCT in the short term, as an increase in planned supply can dilute value. However, the coordinated and pre-announced nature with a major exchange signals project maturity. The additional tokens are likely earmarked for ecosystem growth, which could be beneficial long-term if deployed effectively. (BitcoinWorld)

Conclusion

WalletConnect is actively managing its tokenomics through staking rewards and supply adjustments, focusing on decentralization and liquidity. Will these targeted incentives be enough to counter broader market pressures and sustain holder engagement?

Deep Dive

1. @WalletConnect: Bullish on WCT as Web3's connectivity backbone bullish

"WalletConnect is the connectivity layer of the financial internet. Billions in value move through the network annually..." – @WalletConnect (323K followers · 2025-08-06 18:24 UTC) View original post What this means: This is bullish for WCT because the team is positioning it as critical, high-throughput infrastructure, aiming to boost its perceived utility and long-term adoption narrative beyond short-term price action.

2. @CoinbaseAssets: Major exchange listing fuels optimism bullish

"WalletConnect Token (WCT) is now live on Coinbase.com & in the Coinbase iOS & Android apps." – @CoinbaseAssets (279K followers · 2025-08-14 16:15 UTC) View original post What this means: This is bullish for WCT because a Coinbase listing significantly increases accessibility, liquidity, and legitimacy, often acting as a catalyst for renewed retail and institutional interest.

3. Community Analyst: Cautious on massive token unlock overhang bearish

"Over 80% of the supply is still locked... That’s a huge unlock hanging over us. The fully diluted valuation is around $639M, but the market cap? Barely $64M. That gap is wild." – Community Post (2025-07-20 04:46 UTC) View original post What this means: This is bearish for WCT because it highlights a massive supply-side risk; future unlocks could drastically increase selling pressure if demand doesn't keep pace, threatening further price depreciation.

4. Technical Trader: Watching for a breakout above key resistance mixed

"WCT/USDT is at a pivotal technical juncture... The next major move depends on whether WCT breaks and holds above $0.3766 with strong volume, which could trigger a rally." – Community Post (2025-08-14 02:56 UTC) View original post What this means: This is neutral-to-bullish for WCT, as it identifies a clear technical threshold; a confirmed breakout could attract momentum buyers, while failure suggests consolidation or continued downtrend.

Conclusion

The consensus on WCT is mixed, caught between its strong fundamental utility as a widely-used Web3 protocol and the severe bearish pressure from its macro downtrend and tokenomics. Optimists focus on its essential infrastructure role and exchange adoption, while skeptics warn of dilution from future unlocks and poor price momentum. Watch the $0.3766 resistance level for a technical signal, but more importantly, monitor the project's announcements regarding the timing and management of its token unlock schedule to gauge supply-side pressure.

Deep Dive

1. WalletConnect Certified Round 2 (July 2026)

Overview: The team plans to announce a significant update for wallet partners, dubbed "WalletConnect Certified Round 2," at the ethCC conference in July 2026 (WalletConnect). This follows a first season aimed at improving wallet standards and user experience across Web3.

What this means: This is bullish for WCT because it demonstrates ongoing ecosystem development and partnership growth, which can drive more network usage. A successful update could strengthen WalletConnect's position as the default connectivity layer, potentially increasing demand for WCT's utility in governance and fees.

2. Launch of Total Value Facilitated (TVF) (Upcoming)

Overview: A key upcoming release is the Total Value Facilitated (TVF) metric, designed to quantify the daily value flowing through the WalletConnect Network (WalletConnect). This will provide transparent data on the network's economic activity, which currently handles billions in value annually.

What this means: This is neutral-to-bullish for WCT because transparent, high TVF metrics could validate the network's critical infrastructure role and attract more builders and users. However, if growth metrics disappoint, it could highlight adoption challenges.

3. Activate New Governance Tools (Coming Months)

Overview: The WalletConnect Foundation plans to activate new governance tools for WCT holders in the coming months, allowing the community to propose, discuss, and vote on key network decisions (WalletConnect). This is a step toward the planned decentralized autonomous organization (DAO) structure.

What this means: This is bullish for WCT because it enhances the token's utility and shifts control toward the community, which can increase holder loyalty and long-term staking. Effective governance could lead to more efficient protocol upgrades and fee mechanism designs.

4. Expand WCT to More Chains & Enable Permissionless Nodes (Roadmap)

Overview: The broader roadmap includes expanding WCT's availability to more blockchains beyond Ethereum, Optimism, and Solana. Furthermore, the network aims to transition to permissionless node operations, allowing anyone to help secure the network and earn rewards (WalletConnect).

What this means: This is bullish for WCT because multi-chain expansion increases accessibility and potential user base, while permissionless nodes enhance decentralization and security. The key risk is execution delay or technical hurdles in cross-chain implementations.

Conclusion

WalletConnect Token's roadmap focuses on enhancing governance, transparency, and multi-chain utility, aiming to solidify its role as Web3's connectivity backbone. The upcoming ethCC announcement and TVF launch are near-term catalysts to watch. How quickly will the community-driven DAO take shape to guide these ambitious expansions?

Deep Dive

1. Smart Sessions for Automated Actions (5 June 2025)

Overview: This update introduces "Smart Sessions," which allow users to grant secure permissions to applications or AI agents. This means repetitive transactions can happen automatically without requiring manual approval for each step, making the onchain experience smoother, especially on mobile.

The feature reduces constant wallet pop-ups by enabling predefined, automated onchain actions. It's designed to drive higher transaction volume across the WalletConnect network by making decentralized applications (dApps) more convenient to use.

What this means: This is bullish for WCT because it makes the entire ecosystem more useful and sticky. Users are likely to engage more with dApps if transactions are simpler, which could increase the overall usage of the WalletConnect network and demand for its services. (Blockworks)

2. New Governance Tools & Incentives (3 June 2025)

Overview: The development team announced a roadmap to activate new governance tools for WCT holders and launch token-based incentive campaigns. This points to ongoing backend development to empower the community and reward participation.

The plans include improving staking mechanics and forming new partnerships, which require updates to the protocol's smart contracts and governance modules.

What this means: This is bullish for WCT because it focuses on giving token holders more control and reasons to hold the token. Better rewards and voting power can attract long-term supporters and strengthen the project's decentralized foundation. (OKX)

3. Multi-Chain Expansion to Solana & Sui (May 2025)

Overview: This was a major technical deployment, launching the WCT token on the Solana and Sui blockchains. This required building new smart contracts and using cross-chain bridges like Wormhole to ensure the token works seamlessly across different networks.

The expansion moves WalletConnect from being Ethereum-centric to a chain-agnostic protocol, significantly increasing its potential reach and integration points.

What this means: This is bullish for WCT because it makes the token usable by millions of new users on fast-growing blockchains. More chains mean more potential applications and wallets using WCT, boosting its utility and adoption. (Coincu)

4. Core Token Transferability Enabled (15 April 2025)

Overview: This foundational update changed the WCT token's core property from non-transferable to fully transferable. It was a planned protocol upgrade that unlocked liquidity, allowing tokens to be listed on exchanges and moved freely between wallets.

The change was executed after community governance discussions, marking a key shift from a closed ecosystem to an open, tradable asset.

What this means: This was a critical, bullish step for WCT because it created the basic market infrastructure for the token. Without transferability, there could be no real trading or price discovery, limiting its overall economic potential. (WalletConnect Docs)

Conclusion

WalletConnect's development trajectory shows a clear shift from establishing core token functionality to enabling advanced automation and decentralized governance. These layered updates aim to transform WCT from a simple utility token into the central nervous system for a more connected and user-friendly onchain economy. What technical milestones will the team prioritize next to maintain this momentum against competing connectivity protocols?