Latest WalletConnect Token (WCT) News Update

By CMC AI
09 August 2026 12:49AM (UTC+0)

What are people saying about WCT?

TLDR

The chatter around WCT is a mix of hopeful patience and wary realism, with traders eyeing a rebound while acknowledging significant supply overhangs. Here’s what’s trending:

  1. Technical analysts are mapping a path for recovery, watching for a breakout above $0.3340.

  2. The community is bullish on the project's utility and ecosystem growth, targeting a return to $1.

  3. A cautious voice highlights the major risk from the large, locked token supply awaiting release.

Deep Dive

1. @CoinbaseAssets: WCT added to Coinbase roadmap 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 08:00 PM UTC) View original post What this means: This is bullish for WCT because a Coinbase listing significantly boosts accessibility, liquidity, and credibility, potentially driving new demand from a broad retail and institutional user base.

2. Community Post: Short-term target of $1 based on past performance 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 for WCT as it reflects strong community belief in the token's fundamental utility and its historical capacity for explosive rallies, which can create self-fulfilling momentum.

3. Community Post: Cautious optimism amid major supply unlock risk mixed

"I’ve been going back and forth on $WCT... over 80% of the supply is still locked... That’s a huge unlock hanging over us." – Community Post (20 July 2025 04:46 AM UTC) View original post What this means: This is mixed for WCT because, while acknowledging strong fundamentals, it underscores the critical risk of future inflation from token unlocks, which could suppress price growth if demand doesn't keep pace.

Conclusion

The consensus on WCT is mixed but leans cautiously optimistic. Strong fundamentals and exchange adoption fuel bullish price targets, but these are tempered by a rational fear of significant supply inflation from upcoming unlocks. Watch the circulating supply count against total supply, as this will be the ultimate test of whether utility-driven demand can outpace sell pressure.

What is the latest update in WCT’s codebase?

TLDR

WalletConnect's recent development focus has shifted toward expanding its multi-chain protocol and enabling core token utilities.

  1. Multi-Chain Expansion & Sui Integration (June 2025) – Protocol integrated the Sui blockchain and enabled WCT token transfers, boosting DeFi access.

  2. Governance Tools Activation (June 2025) – Team announced plans to activate new governance features for WCT holders to guide network development.

  3. Solana Launch & Airdrop (May 2025) – WCT launched natively on Solana, distributing 5 million tokens to active users via major wallets.

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?

What is next on WCT’s roadmap?

TLDR

WalletConnect's development continues with these milestones:

  1. TON Ecosystem Integration (March 2026) – Live integration enabling seamless wallet connectivity across the TON blockchain network.

  2. WalletConnect Pay Expansion (March 2026) – Broader support for the payment feature across a growing range of wallet partners.

  3. Community Fee Proposals & Mechanism Design (2025-2026) – Governance process to introduce and design sustainable network fee models using WCT.

  4. Enable Permissionless Node Operations (2025-2026) – Transition to a decentralized network infrastructure open to all participants.

Deep Dive

1. TON Ecosystem Integration (March 2026)

Overview: WalletConnect announced a live integration with The Open Network (TON) blockchain, enabling users of wallets like Toncoin, SafePal, and others to connect securely to dApps across the TON ecosystem (WalletConnect). This expands WalletConnect's chain-agnostic protocol, moving beyond its Ethereum and Solana foundations.

What this means: This is bullish for WCT because it directly increases the network's utility and total addressable market by tapping into TON's growing user base. It reinforces WCT's role as the cross-chain connectivity standard, which could drive higher network usage and demand for the token over time.

2. WalletConnect Pay Expansion (March 2026)

Overview: At WalletCon Cannes 2026, WalletConnect announced expanded support for its WalletConnect Pay feature across a wider range of wallets (WalletConnect). This feature simplifies onchain payments, and broader integration makes it more accessible to users.

What this means: This is bullish for WCT because it enhances the token's potential utility within a payments framework. Increased adoption of Pay could create future fee demand for WCT and strengthens WalletConnect's value proposition as a comprehensive onchain UX layer.

3. Community Fee Proposals & Mechanism Design (2025-2026)

Overview: A key part of the long-term roadmap is the introduction of fee mechanisms to ensure network sustainability (Blockworks). Initially, the network operates without fees, but the community will later propose, debate, and vote on fee models—likely a Monthly Active User (MAU) structure for relay services—through WCT governance.

What this means: This is critically bullish for WCT because it establishes a fundamental utility and value-accrual mechanism. Successful implementation would create direct, recurring demand for WCT to pay for network services, transitioning the token from a governance instrument to a productive asset.

4. Enable Permissionless Node Operations (2025-2026)

Overview: The roadmap includes decentralizing the network's infrastructure by enabling permissionless node operations (Blockworks). This will allow anyone to run relay nodes, enhancing network resilience and censorship resistance, with node operators likely earning rewards in WCT.

What this means: This is bullish for WCT as it deepens the token's staking and reward utility, potentially locking up supply and creating a new class of network participants. However, it's a complex technical milestone, and delays in execution could temper short-term positive impact.

Conclusion

WalletConnect's roadmap is strategically advancing on two fronts: expanding its multi-chain footprint through integrations like TON, and maturing its tokenomics via decentralized governance and fee mechanisms. The key driver for WCT's value will be the successful activation of its fee utility, which turns network growth into direct token demand. How quickly can the community converge on and implement a sustainable economic model for the network?

What is the latest news on WCT?

TLDR

WCT's recent news is a mix of a major exchange reducing support and a clear long-term supply schedule. Here are the latest developments:

  1. KuCoin Delists WCT from Margin (29 May 2026) – Removal of cross margin trading reduces leverage options and could pressure short-term liquidity.

  2. Project Publishes Detailed Supply Schedule (30 January 2026) – A clear, multi-year unlock plan provides transparency but indicates ongoing inflation.

Deep Dive

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

Overview: KuCoin announced the delisting of WalletConnect Token (WCT) from its Cross Margin Trading services, effective 3 June 2026. The exchange required users to close positions and repay loans, with the system automatically liquidating any remaining positions. This move reduces the avenues for leveraged trading of WCT on a major platform. What this means: This is bearish for WCT in the near term because it limits traders' ability to use leverage, potentially reducing speculative trading volume and liquidity on KuCoin. It may signal reduced institutional or platform confidence in the token's short-term viability for margin products. (KuCoin)

2. Project Publishes Detailed Supply Schedule (30 January 2026)

Overview: The WalletConnect team released a revised, month-end maximum circulating supply schedule from January 2026 through November 2028. The document projects the supply to grow from ~334 million to the full 1 billion tokens, providing precise inflation expectations. What this means: This is neutral to slightly bearish for price pressure, as it confirms a steady increase in circulating supply over the next few years, which could act as a headwind for price appreciation. However, the transparency is a positive for long-term investors who can now model dilution accurately. (WalletConnect)

Conclusion

WCT is navigating a phase of reduced exchange support while providing clarity on its future token supply. The key question now is whether growing utility and adoption can outpace the scheduled inflation and offset the loss of trading venues.

CMC AI can make mistakes. Not financial advice.