Latest WalletConnect Token (WCT) News Update

Deep Dive

1. @Adanigj: WCT surges 31% on Coinbase bullish

"WalletConnect Token (WCT) went up 31.1 percent in the last 24 hours on Coinbase." – @Adanigj (1,455 followers · 2025-12-30 11:58 UTC) View original post What this means: This is bullish for WCT because a sharp, double-digit gain on a major exchange like Coinbase signals strong, concentrated buying pressure and can attract momentum traders looking for quick moves.

2. Community Analyst: Caution over massive token unlock mixed

"I’ve been going back and forth on $WCT... over 80% of the supply is still locked... The fully diluted valuation is around $639M, but the market cap? Barely $64M. That gap is wild." – Community Analyst (2025-07-20 04:46 UTC) View original post What this means: This is bearish for WCT because it highlights a significant overhang of future supply that could dilute the price if demand doesn't keep pace, posing a major risk for long-term holders.

3. Technical Trader: Oversold RSI suggests a rebound bullish

"RSI (28.83) is in the oversold region, suggesting a potential rebound is forming... If WCT holds above $0.3100 and regains strength above $0.3226, a push toward $0.3386 is possible." – Technical Trader (2025-08-18 16:01 UTC) View original post What this means: This is bullish for WCT because an oversold RSI indicates that selling may be exhausted, creating a technical setup for a short-term price recovery if key support levels hold.

4. Binance Square: High staking APY drives engagement bullish

"WCT Flexible Products with up to 25% APR... All offers are first-come, first-served." – Binance Square (2025-11-12 08:30 UTC) View original post What this means: This is bullish for WCT because attractive staking yields incentivize users to lock up their tokens, reducing circulating supply and creating a supportive environment for the price.

Conclusion

The consensus on WCT is mixed, balancing genuine excitement for its foundational role in Web3 with prudent concern over its tokenomics. While its utility and recent exchange support provide a solid bullish narrative, the massive upcoming supply unlocks cast a long shadow. Watch the circulating supply growth relative to trading volume; it will be the clearest indicator of whether adoption is outpacing inflation or if sell pressure will prevail.

Deep Dive

1. Pay Feature Expands Wallets (31 March 2026)

Overview: WalletConnect announced at WalletCon Cannes 2026 that its Pay feature is now supported across a wider range of wallets. This expansion aims to streamline onchain payments and improve user experience for DeFi, staking, and crypto payments. What this means: This is bullish for WCT because it enhances the token's core utility within the WalletConnect network, potentially driving higher transaction volume and reinforcing its role as essential infrastructure. Increased adoption of Pay could strengthen network effects. (WalletConnect)

2. Token Unlock Adds Supply Pressure (25 November 2025)

Overview: Data from Token Unlocks showed that approximately 10.06 million WCT tokens (10.07% of total supply) were scheduled for release on 25 November 2025, valued then at about $11.6 million. What this means: This is bearish for WCT in the short term because such unlocks increase the circulating supply, which can lead to selling pressure if recipients liquidate their tokens. It's a key metric for investors to watch regarding supply inflation. (BlockBeats News)

3. Price Surge on Coinbase (30 December 2025)

Overview: WCT's price increased by 31.1% over 24 hours on Coinbase, as noted by a market data bot. This sharp move followed a period of significant volatility for the token throughout late 2025. What this means: This is neutral for WCT, highlighting its high volatility and sensitivity to exchange-specific trading flows. While it shows active trader interest, such spikes are often followed by corrections, requiring caution. (NotificationsBots)

Conclusion

WCT's trajectory is being shaped by opposing forces: bullish product expansion for long-term utility against bearish token unlock dynamics that could pressure prices near-term. Will growing adoption of WalletConnect Pay sufficiently offset the sell-side pressure from unlocks?

Deep Dive

1. Expand WalletConnect Pay Support (2026)

Overview: A key near-term initiative is broadening the adoption of WalletConnect Pay, a protocol for seamless crypto payments. The team announced expanded support across a range of wallets at WalletCon Cannes in March 2026 (WalletConnect). This development focuses on improving the user experience for onchain transactions by integrating with more wallet providers.

What this means: This is bullish for WCT because it directly enhances the network's utility and real-world use case for payments, potentially driving higher transaction volume. Wider adoption of the payment standard could increase network demand, which may positively influence token valuation.

2. Launch Total Value Facilitated Metrics (2026)

Overview: The roadmap includes launching transparent Total Value Facilitated (TVF) metrics (Blockworks). This will publicly track the billions of dollars in value moving through the WalletConnect network annually from DeFi, staking, and payments.

What this means: This is neutral-to-bullish for WCT as it provides verifiable, onchain proof of the network's economic activity and growth. Transparent metrics can build investor confidence and highlight WCT's fundamental utility, though the immediate price impact depends on market reception of the data.

3. Expand WCT to More Blockchains (2026)

Overview: Following its launches on Optimism, Ethereum, and Solana, the strategy is to expand WCT to additional blockchains (Blockworks). This multi-chain expansion aims to enhance liquidity, composability, and accessibility for users across different ecosystems.

What this means: This is bullish for WCT because it reduces chain-specific risk and taps into new user bases, increasing the token's addressable market and utility. However, successful execution depends on technical integration and community adoption on each new chain.

4. Introduce Community Fee Proposals (2026)

Overview: A major step toward full decentralization is the introduction of community fee proposals and mechanism design (Blockworks). This will allow WCT holders to govern and potentially implement network usage fees, creating a sustainable economic model where fees are paid in WCT.

What this means: This is bullish for WCT as it activates a core token utility (fee payment) and can generate sustainable demand for the token within its own ecosystem. The key risk is the timeline, as the community must reach consensus, and fee implementation is contingent on network maturity.

Conclusion

WalletConnect's roadmap is strategically focused on enhancing utility through payment expansion, transparent metrics, multi-chain growth, and decentralized fee governance. These steps aim to transition WCT from a governance and staking asset to one with embedded economic demand within its thriving network. How will the community balance the timing of fee proposals with the need for user growth?

Deep Dive

1. Full Token Transferability (15 April 2025)

Overview: This update changed the WCT token's fundamental property from non-transferable to fully transferable. Users can now freely send and receive WCT between any wallets or exchanges, which was previously restricted.

The change was executed following community governance, marking a shift from the initial "ecosystem-first" phase designed to ensure stability. It required a protocol upgrade to modify the token's smart contract logic on the OP Mainnet, where it launched.

What this means: This is bullish for WCT because it unlocks the token's full economic utility, allowing for trading, easier staking, and broader market participation. It transforms WCT from a governance tool into a liquid digital asset.

(Source)

2. Multi-Chain Expansion to Solana (23 May 2025)

Overview: This major integration deployed the WCT token on the Solana blockchain, making it a multi-chain asset. The technical implementation used Wormhole’s Native Token Transfers framework to bridge assets and maintain consistency across chains.

The update involved significant codebase work to ensure secure cross-chain messaging and composability with Solana's high-throughput environment, partnering with wallets like Phantom and Jupiter.

What this means: This is bullish for WCT because it dramatically expands the token's potential user base and utility across one of the most active crypto ecosystems. It makes using WCT faster and cheaper on Solana, improving the overall experience.

(Source)

3. Smart Sessions & Automation Roadmap (June 2025)

Overview: Announced as a forthcoming development, Smart Sessions aim to let users grant secure permissions for apps or AI agents to perform automated onchain actions. This reduces constant wallet pop-up approvals, especially on mobile.

This represents a planned codebase evolution toward more sophisticated session management and transaction automation, which would be a significant backend upgrade to the core WalletConnect protocol.

What this means: This is neutral-to-bullish for WCT because it promises a much smoother and more powerful user experience in the future. If successfully implemented, it could drive higher network usage and demand for WCT's utility.

(Source)

Conclusion

WalletConnect's development trajectory shows a clear pivot from controlled launch to open, multi-chain utility, with transferability being the most concrete recent codebase achievement. How will the protocol balance rapid feature deployment with maintaining its core security and decentralization as automation features roll out?