Latest WalletConnect Token (WCT) News Update

Deep Dive

1. @Adanigj: Major Token Unlock Incoming bearish

"WalletConnect Token (WCT) will unlock approximately 10.06 million tokens at 8 a.m. on November 25, representing 10.07% of its total supply and valued at about $11.6 million." – @Adanigj (1.4K followers · 2025-11-24 03:15 UTC) View original post What this means: This is bearish for WCT because a sudden increase in circulating supply can lead to selling pressure if demand doesn't absorb the new tokens, potentially driving the price down further.

2. @WalletConnect: Team Signals Long-Term Optimism bullish

"WalletConnect is looking good here. This is just the beginning." – @WalletConnect (322.5K followers · 2025-08-19 15:23 UTC) View original post What this means: This is bullish for WCT as the core project team expresses confidence in the network's future growth and utility, which can foster long-term holder sentiment.

3. Community Analyst: Cautious on Supply Inflation vs. Adoption mixed

"Over 80% of the supply is still locked... The question is — can the adoption grow faster than the inflation?" – Community Post (2025-07-20 04:46 UTC) View original post What this means: This presents a mixed outlook, highlighting the fundamental risk that WCT's value could be diluted by future token unlocks if user growth and utility don't accelerate sufficiently.

4. @CoinbaseAssets: Exchange Support Boosts Credibility bullish

"Assets added to the roadmap today: WalletConnect Token (WCT)... The launch of trading for these assets is contingent on market-making support." – @CoinbaseAssets (279K followers · 2025-08-12 18:53 UTC) View original post What this means: This is bullish for WCT as inclusion on a major exchange's roadmap improves accessibility, liquidity, and institutional credibility, which are vital for price discovery.

Conclusion

The consensus on WCT is mixed, weaving together residual bullish hype from its 2025 peak with sobering concerns over tokenomics and recent price action. While foundational growth and exchange listings provide a credible long-term narrative, near-term sentiment is heavily tempered by the reality of significant upcoming supply unlocks and a market cap that has contracted over 85% in a year. Watch the circulating supply metric against trading volume to gauge if selling pressure is being absorbed.

Deep Dive

1. Wave 2 Staking Rewards (20 January 2026)

Overview: WalletConnect launched the second wave of its Boosted WCT Rewards program, distributing 1.9 million WCT to qualified long-term stakers on Optimism. This allocation exceeded initial plans and targets wallets with a minimum of 100 WCT staked, aiming for an approximate 30% annual percentage yield (APY). The initiative is designed to incentivize governance participation and reward network contributions. What this means: This is bullish for WCT because it directly rewards and incentivizes long-term holders, which could improve token holder retention and decentralized governance participation. However, the new token distribution adds to circulating supply, which could exert downward price pressure if demand doesn't keep pace. (Kanalcoin)

2. Upbit Supply Plan Revision (12 January 2026)

Overview: South Korea's largest crypto exchange, Upbit, announced a strategic revision to the WCT token circulation schedule on 15 March 2025, increasing the planned Q1 2025 supply by 8,183,738 tokens. This change was made at the explicit request of the WalletConnect team, signaling a coordinated adjustment to the project's roadmap and capital needs. What this means: This is neutral to bearish for WCT in the short term, as an increase in circulating supply can dilute value and create sell pressure. The transparent, pre-announced nature of the change mitigates negative shock and can be seen as a sign of mature, agile project governance, potentially bullish for long-term ecosystem funding. (BitcoinWorld)

3. Major Token Unlock (25 November 2025)

Overview: According to data from Token Unlocks, WalletConnect Token (WCT) underwent a significant one-time unlock of approximately 10.06 million tokens on 25 November 2025. This event represented 10.07% of the total token supply and was valued at roughly $11.6 million at the time, significantly increasing the circulating supply available to the market. What this means: This is typically bearish for WCT as large, scheduled unlocks flood the market with new tokens, often leading to increased selling pressure if recipients choose to liquidate. Market sentiment and price action following such events depend heavily on broader market conditions and the holding behavior of the unlocking entities. (BlockBeats)

Conclusion

WalletConnect is actively managing its tokenomics through staking incentives and transparent supply adjustments, balancing community growth with potential inflationary pressures. Will rising staking yields successfully offset the sell pressure from ongoing token unlocks?

Deep Dive

1. Wave 2 Staking Rewards (20 January 2026)

Overview: WalletConnect distributed an increased allocation of 1.9 million WCT tokens to qualified, long-term stakers on the Optimism network. This program aims to offer an approximate 30% annual percentage yield (APY) to participants.

This initiative is part of a structured rewards program designed to decentralize governance by incentivizing users to lock up their tokens. By offering a substantial yield, the project encourages deeper community involvement and network security. The rewards are distributed directly to wallets staking a minimum of 100 WCT.

What this means: This is bullish for WCT because it directly rewards loyal token holders, which can reduce selling pressure and increase the number of tokens committed to the network's long-term health. It makes holding WCT more valuable through staking yields. (Source)

2. Governance Tools Activation (3 June 2025)

Overview: The project announced plans to activate new on-chain governance tools for WCT holders, launch token-based incentive campaigns, and improve staking mechanics and partnerships.

This update signifies a move towards greater decentralization, allowing token holders to vote on protocol upgrades and treasury management. Enhancing staking mechanics makes participation more efficient and potentially more profitable for users.

What this means: This is bullish for WCT because it empowers the community, giving holders a direct say in the project's future. Improved staking can lead to a more stable and engaged holder base. (Source)

3. Solana Blockchain Integration (23 May 2025)

Overview: WalletConnect launched its WCT token on the Solana blockchain, marking its expansion beyond Ethereum and Optimism to become a chain-agnostic protocol.

The integration was executed using Wormhole’s Native Token Transfers framework, which allows the token to move seamlessly across blockchains. This technical upgrade enhances liquidity and composability, enabling users on Solana to interact with WalletConnect-powered applications.

What this means: This is bullish for WCT because it significantly expands the token's utility and user base by tapping into the high-speed Solana ecosystem. It makes the protocol more versatile and future-proof. (Source)

Conclusion

WalletConnect is actively evolving from an Ethereum-centric tool into a multi-chain governance and staking ecosystem, with clear steps to reward participation and expand utility. How will the project balance incentives across different blockchains as it continues to grow?

Deep Dive

1. Launch Total Value Facilitated Metrics (2025–2026)

Overview: The team plans to launch a public Total Value Facilitated (TVF) dashboard. This metric will track the aggregate economic value—transactions, swaps, bridges—that flows through WalletConnect's connections, providing a transparent measure of network utility and adoption (Blockworks). What this means: This is bullish for WCT because transparent, high TVF metrics could validate the network's critical infrastructure role, attracting more developers and integrations. However, if growth stalls, it may highlight adoption challenges.

2. Expand WCT to More Blockchains (2025–2026)

Overview: Following launches on Optimism, Ethereum, and Solana, the roadmap includes expanding WCT to additional blockchains. This multi-chain strategy aims to deepen liquidity and make the token usable across more ecosystems (Blockworks). What this means: This is bullish for WCT because broader chain support increases its addressable market and utility for cross-chain interactions. The risk is execution delay or low uptake on new chains, which could dilute focus.

3. Introduce Community Fee Proposals (2025–2026)

Overview: WalletConnect intends to implement a governance process for community fee proposals. This would allow WCT stakers to propose and vote on changes to network fee parameters, decentralizing a key economic lever (Blockworks). What this means: This is neutral-to-bullish for WCT because it empowers token holders and aligns with decentralization goals, potentially increasing staking demand. However, complex governance can slow decision-making if participation is low.

4. Enable Permissionless Node Operations (2025–2026)

Overview: A key long-term goal is transitioning to permissionless node operations. This would allow anyone to run a WalletConnect relay node, removing reliance on a permissioned set and strengthening network resilience (Blockworks). What this means: This is bullish for WCT because a more decentralized and robust network could attract greater trust and usage from institutions and dApps. The bearish angle is the technical complexity and time required for a secure rollout.

Conclusion

WalletConnect's roadmap focuses on proving utility via TVF metrics, expanding reach, and decentralizing control through governance and node operations—a clear path to becoming a foundational, community-owned web3 layer. Will rising TVF and successful governance votes be the catalysts that reverse its prolonged price downtrend?