Latest WalletConnect Token (WCT) News Update

Deep Dive

1. Coinbase Lists WCT on Optimism (14 August 2025)

Overview: Coinbase added support for WalletConnect Token (WCT) on the Optimism network, enabling trading on its main platform and Coinbase Exchange. The listing followed a roadmap announcement on 12 August and went live on 14 August 2025, contingent on meeting liquidity conditions. This integration allowed Coinbase's user base to buy, sell, and store WCT directly through their apps.

What this means: This is bullish for WCT because a top-tier exchange listing significantly enhances token accessibility, credibility, and potential trading volume. It represents a key step in mainstream adoption, connecting WCT's utility to a broader investor base. (Coinbase Assets)

2. Multi-Chain Expansion with Solana Airdrop (24 May 2025)

Overview: WalletConnect executed a strategic expansion beyond Ethereum, launching its WCT token on Solana and initiating a 5 million WCT airdrop to active users on the network. This move, announced in May 2025, involved partnerships with key Solana ecosystem players like Jupiter, Phantom, and Backpack to identify eligible recipients and drive engagement.

What this means: This is bullish for WCT because it transitions the protocol toward a chain-agnostic future, directly incentivizing user growth on a high-activity chain like Solana. Airdrops of this scale can stimulate network effects, increase utility, and potentially drive demand for the token. (CoinMarketCap Community)

Conclusion

WCT's trajectory is being shaped by successful exchange integrations and a clear multi-chain growth strategy, though broader market conditions have pressured its price. Will future expansions to additional blockchain networks further catalyze its adoption and utility?

Deep Dive

1. @CoinbaseAssets: Major Exchange Listing bullish

"WalletConnect Token (WCT) is now live on Coinbase.com & in the Coinbase iOS & Android apps." – @CoinbaseAssets (279K followers · 14 August 2025 04:15 PM UTC) View original post What this means: This is bullish for WCT because a Coinbase listing dramatically increases accessibility and legitimacy, often leading to increased liquidity and investor attention.

2. Community Analysis: Oversold Rebound Potential bullish

"RSI (28.83) is in the oversold region... If WCT holds above $0.3100 and regains strength above $0.3226, a push toward $0.3386 is possible." – Community Post (18 August 2025 04:01 PM UTC) View original post What this means: This is bullish because an oversold RSI suggests a short-term price correction or rebound might be forming, providing a potential entry point for traders anticipating a recovery.

3. Community Speculation: $1 Price Target Speculation bullish

"Expectations are rising for WCT... When the market returns to the green, we could see WCT rally towards $1. It's done this before." – Community Post (2 August 2025 01:00 PM UTC) View original post What this means: This is bullish as it reflects strong retail sentiment and a clear, ambitious price target based on historical precedent, which can drive buying interest.

4. BitcoinWorld Article: Confusion with Waltonchain (WTC) neutral

"In 2026, confusion arises among crypto investors searching for 'Connect token WTC crypto' due to the similarity between WalletConnect Token (WCT) and Waltonchain (WTC)." – BitcoinWorld (7 January 2026 09:13 AM UTC) View original post What this means: This is neutral for WCT; while it highlights brand recognition, the persistent confusion with an unrelated project could lead to misdirected trading or require ongoing community education.

Conclusion

The consensus on WCT is cautiously bullish, driven by its essential Web3 infrastructure role, recent exchange adoption, and speculative price targets. However, sentiment is tempered by its high volatility and distance from all-time highs. Watch for a sustained hold above the $0.3150 support level as a key indicator of whether the current positive chatter can translate into upward price momentum.

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 tokens to qualified long-term stakers on the Optimism network. This initiative aims to deepen community involvement in network governance.

The program specifically targets wallets staking a minimum of 100 WCT, offering an estimated 30% annual percentage yield (APY). This distribution exceeded initial plans and follows Wave 1, which allocated 1.5 million WCT. The enhanced rewards are designed to incentivize sustained participation and strengthen the network's decentralized security model.

What this means: This is bullish for WCT because it directly rewards loyal community members, encouraging them to lock up their tokens for network security. Higher staking rewards can lead to reduced selling pressure and a more committed, decentralized group of token holders overseeing the protocol's future.

(Source)

2. Smart Sessions & Ecosystem Growth (5 June 2025)

Overview: WalletConnect introduced "Smart Sessions," a feature that allows users to grant secure permissions for apps or AI agents to perform automated onchain actions on their behalf. This reduces constant wallet pop-up approvals and enables smoother mobile experiences.

Concurrently, the network reported surpassing 309 million cumulative verified connections and 66,500 integrated apps. The development roadmap also included plans to launch Total Value Facilitated (TVF) metrics and expand WCT to more blockchains.

What this means: This is bullish for WCT because it significantly improves user experience, which can drive higher adoption and transaction volume. Automated features make decentralized apps more practical for everyday use, potentially increasing the utility and demand for the WCT token that powers this ecosystem.

(Source)

3. Token Transferability Enabled (15 April 2025)

Overview: This foundational update removed the initial transfer restrictions on the WCT token. Prior to this date, tokens were non-transferable and locked within the WalletConnect ecosystem for governance and staking.

The change was enacted following community governance discussions, marking a major step in the network's decentralization. It allowed token holders to freely move WCT between wallets and list it on exchanges, integrating the token with the broader crypto market.

What this means: This was a critical, bullish development for WCT because it unlocked liquidity and gave token holders full control over their assets. Transferability is essential for price discovery, exchange listings, and attracting a wider range of users and investors to the network.

(Source)

Conclusion

WalletConnect's development trajectory shows a clear evolution from establishing core token utility (transferability) to enhancing network effects (Smart Sessions) and now deepening stakeholder alignment (staking rewards). How will the planned expansion to more blockchains and permissionless node operations further catalyze WCT's utility?

Deep Dive

1. Launch Total Value Facilitated Metrics (Mid-2025)

Overview: A key upcoming metric is Total Value Facilitated (TVF), which will publicly track the volume of assets moving through WalletConnect's network (Blockworks). This dashboard aims to provide transparent, verifiable data on the network's economic scale, moving beyond connection counts to measure actual value transfer.

What this means: This is bullish for WCT because quantifying the network's financial throughput could validate its utility as critical Web3 infrastructure, attracting more developers and institutional users. However, the impact depends on whether the data reveals strong, growing usage.

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

Overview: Following its launches on Ethereum, Optimism, and Solana, the roadmap includes expanding WCT's presence to additional blockchains (Blockworks). This multi-chain expansion is central to WalletConnect's strategy of becoming the universal connectivity layer.

What this means: This is bullish for WCT because each new integration increases the token's addressable market and utility across ecosystems. The risk is that growth depends on securing technical partnerships and driving adoption on each new chain, which isn't guaranteed.

3. Introduce Community Fee Proposals (2025–2026)

Overview: The network currently has no fee structure. A key governance milestone will be community proposals to introduce fees for network services, likely based on a Monthly Active User (MAU) model, payable in WCT (WalletConnect Blog).

What this means: This is bullish for WCT because activating a fee-driven revenue model would create direct, sustainable demand for the token. The bearish risk is that premature fee activation could deter developer and user adoption if the value proposition isn't strong enough.

4. Enable Permissionless Node Operations (2026)

Overview: A longer-term technical goal is transitioning to a permissionless network where anyone can run relay nodes, moving away from the current, more curated infrastructure model (Blockworks). This would decentralize the network's core operations.

What this means: This is neutral-to-bullish for WCT because true permissionless operation would strengthen network resilience and censorship resistance, key values for Web3. However, it introduces complexity and requires robust economic incentives for node operators, which must be carefully designed via governance.

Conclusion

WalletConnect's roadmap focuses on proving its economic scale, expanding its reach, and decentralizing its operations—all of which aim to transform WCT from a governance token into a core utility asset for Web3 connectivity. How will the planned shift to permissionless nodes and fee mechanisms balance network security with user adoption?