Latest WalletConnect Token (WCT) News Update

Deep Dive

1. @CoinbaseAssets: WCT added to Coinbase on Optimism bullish

"Coinbase will add support for WalletConnect Token (WCT) on the Optimism network… Trading will begin on or after 9AM PT on 14 August, 2025." – @CoinbaseAssets (273K followers · 13 August 2025 20:00 UTC) View original post What this means: This is bullish for WCT because a major exchange listing significantly boosts accessibility, liquidity, and institutional credibility, often acting as a catalyst for price discovery.

2. Community Analyst: Technical outlook points to a rebound bullish

"RSI (28.83) is in the oversold region, suggesting a potential rebound is forming… Immediate Support: $0.3105 – a crucial level that needs to hold." – Community Post (18 August 2025 16:01 UTC) What this means: This is bullish for WCT as an oversold RSI indicates selling pressure may be exhausted, and holding the $0.31 support zone could provide a base for a short-term price recovery toward $0.3386.

3. Community Analyst: $1 price target driven by utility and hype bullish

"WCT experienced a meteoric rise after its listing, surpassing $1. $WCT is currently priced at $0.30. WCT has over 300% upside potential." – Community Post (1 August 2025 18:47 UTC) What this means: This is bullish for WCT because it frames the current price as a deep discount from its all-time high, leveraging the token's proven utility as a critical dApp bridge to argue for a return to previous peaks.

4. Community Analyst: Cautious on long-term supply inflation mixed

"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 Post (20 July 2025 04:46 UTC) What this means: This presents a mixed to cautious outlook for WCT because while acknowledging strong fundamentals, it highlights a major risk: future token unlocks could create significant sell pressure if demand doesn't keep pace with the increasing circulating supply.

Conclusion

The consensus on WCT is mixed but leaning bullish, split between short-term technical optimism and long-term fundamental faith. Traders are watching the $0.315 support for a bounce, while believers point to its indispensable infrastructure role as a reason to target $1 again. The key counterpoint is the substantial locked supply, which introduces inflation risk. Watch for a sustained break above the $0.3386 resistance level to confirm if bullish momentum is taking hold.

Deep Dive

1. KuCoin Delists WCT from Margin Trading (29 May 2026)

Overview: KuCoin announced the delisting of WalletConnect Token (WCT) from its Cross Margin Trading services. The removal was scheduled for 3 June 2026, requiring users to close positions and repay loans beforehand. This action reduces avenues for leveraged trading of WCT on a major exchange. What this means: This is bearish for WCT because it limits sophisticated trading strategies and could signal reduced exchange support, potentially impacting liquidity and trader interest. Forced liquidations during the delisting process may have also created selling pressure. (KuCoin)

2. WalletConnect Pay Expands Wallet Support (31 March 2026)

Overview: At WalletCon Cannes 2026, WalletConnect announced a significant expansion of its WalletConnect Pay feature, adding support across a wider range of wallets. This follows earlier integration news, such as TokenPocket adding support on Solana in August 2026. What this means: This is bullish for WCT because it demonstrates active development and growing utility for the protocol's native payment system. Broader adoption of WalletConnect Pay could drive more network activity and reinforce WCT's role within the ecosystem. (WalletConnect)

3. Token Shows Short-Term Gains Amid Long-Term Decline (19 August 2025)

Overview: Community analysis from August 2025 noted WCT trading between $0.31–$0.33, with a positive short-term move. However, this was contrasted against a severe long-term drop from an all-time high of $1.35, representing a decline of over 87% from its peak. What this means: This presents a mixed picture. The recent price stability and gains could indicate a local bottom or renewed interest. Yet, the massive long-term drawdown highlights significant volatility and the challenge of regaining previous highs, requiring sustained adoption to reverse the trend. (CoinMarketCap)

Conclusion

WCT's trajectory is split between exchange-related setbacks and steady protocol development, placing its future price action in the hands of adoption versus accessibility. Will growing utility for WalletConnect Pay outweigh the impact of reduced exchange support?

Deep Dive

1. TON Ecosystem Integration (March 2026)

Overview: WalletConnect expanded its protocol to The Open Network (TON) in March 2026 (WalletConnect). This integration enables seamless, secure connections between wallets and dApps across the TON ecosystem, which includes wallets like Tonkeeper and dApps like STON.fi. It's part of a strategic push to become a chain-agnostic connectivity standard.

What this means: This is bullish for WCT because it directly increases the token's addressable market and utility by tapping into a large, active ecosystem. More chains mean more potential users and transactions that could eventually utilize WCT for fees or staking.

2. Community Fee Proposals & Mechanism Design (2026)

Overview: A key upcoming milestone is the activation of community governance over the network's fee structure (Blockworks). Initially, the relay service operates without fees. As the ecosystem matures, WCT holders will propose, debate, and vote on implementing a fee model (e.g., a Monthly Active User fee for the connection service), payable in WCT.

What this means: This is critically bullish for WCT because it could create a sustainable, demand-driven revenue model for the network, directly tying protocol usage to token utility. The risk is that premature or poorly designed fee proposals could hinder adoption.

3. Expansion to More Blockchains (2026)

Overview: The roadmap explicitly includes plans to deploy WCT on additional blockchain networks beyond its current deployments on Ethereum, Optimism, and Solana (Blockworks). This multi-chain strategy reduces ecosystem dependency and leverages the unique strengths of various Layer 1 and Layer 2 networks.

What this means: This is neutral-to-bullish for WCT. While expansion boosts token relevance and composability, it also disperses liquidity and attention. Success depends on genuine adoption and integration depth on each new chain, not just technical deployment.

4. Permissionless Node Operations & DAO Transition (Long-term)

Overview: The long-term vision involves transitioning to a fully decentralized autonomous organization (DAO) (WalletConnect). This includes establishing specialized councils (e.g., Technical, Partnerships) and eventually enabling permissionless node operation. The WalletConnect Foundation currently stewards the network, with plans to gradually cede control to WCT tokenholders through phased governance.

What this means: This is a long-term bullish driver for WCT, as it would cement the token's role as the key to network ownership and decision-making. However, this transition carries execution risk and depends on achieving sufficient network maturity and community engagement.

Conclusion

WalletConnect Token's roadmap is strategically focused on expanding its multi-chain footprint while methodically decentralizing control and economics to its community. The near-term integration of TON and the impending governance over fees are concrete steps that could materially enhance utility. The broader vision hinges on transforming WCT from a feature token into the governance backbone of a critical Web3 infrastructure layer. How quickly will user adoption metrics justify the transition to a fee-generating model?

Deep Dive

1. Multi-Chain Expansion & Sui Integration (June 2025)

Overview: WalletConnect integrated the Sui blockchain into its protocol and enabled the transferability of the WCT token. This allows users and apps on Sui to connect securely and lets WCT move freely, which is a foundational step for trading and governance.

This was a strategic technical update to move beyond an Ethereum-centric model. By adding Sui and enabling token transfers, the protocol's codebase was updated for broader interoperability. The integration uses WalletConnect's existing secure connection framework, meaning users on Sui can now link their wallets to dApps without compromising private keys.

What this means: This is bullish for WCT because it makes the network usable on more blockchains, which could attract more developers and users. For everyday users, it means more apps to connect to and a more functional token that can be traded or used in governance. (Source)

2. Governance Tools Activation (June 2025)

Overview: The WalletConnect team announced plans to activate new governance tools, giving WCT holders direct influence over the network's future through voting on proposals.

This update pertains to the smart contracts and user interface that facilitate decentralized governance. Activating these tools involves code deployments that allow token staking and voting mechanisms to go live, shifting control toward the community.

What this means: This is bullish for WCT because it decentralizes control and gives token holders a real say in the project's direction, increasing long-term holder commitment. For users, it translates to a more community-owned network where their tokens have voting power. (Source)

3. Solana Launch & Airdrop (May 2025)

Overview: WalletConnect launched its WCT token natively on the Solana blockchain, accompanied by a targeted 5-million token airdrop to active Solana users through partners like Phantom and Jupiter.

This required significant codebase work to deploy the token using Wormhole's cross-chain framework, ensuring it operates seamlessly on Solana's high-throughput network. The airdrop mechanism itself involved smart contracts to identify and distribute tokens to eligible users.

What this means: This is bullish for WCT because it taps into Solana's large and active user base, potentially driving new adoption and liquidity. For users, it means faster and cheaper transactions when using WCT within the Solana ecosystem. (Source)

Conclusion

WalletConnect's development trajectory is firmly focused on becoming a chain-agnostic connectivity layer, with key codebase updates enabling transferability, new chain integrations, and community governance. How will the technical roadmap evolve to further decentralize the network's core infrastructure?