Latest WalletConnect Token (WCT) News Update

By CMC AI
23 July 2026 08:43AM (UTC+0)

What is the latest news on WCT?

TLDR

WCT faces near-term exchange pressure but continues its long-term supply expansion. Here are the latest news:

  1. KuCoin Delists WCT from Margin Trading (29 May 2026) – Removal of cross-margin services could reduce short-term liquidity and trading access.

  2. Updated Token Release Schedule Through 2028 (30 January 2026) – Project outlines a clear, gradual increase in circulating supply, reaching 1 billion by late 2028.

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, effective 3 June 2026. The exchange will close all margin positions and lending for WCT, requiring users to manage their accounts proactively to avoid automatic liquidations. This follows similar delistings for other tokens like AEVO and ANIME.

What this means: This is a near-term headwind for WCT because it reduces accessible leverage and could dampen trading activity on a major platform, potentially increasing price volatility. It reflects an exchange's risk management decision rather than a comment on the project's fundamentals. (KuCoin)

2. Updated Token Release Schedule Through 2028 (30 January 2026)

Overview: The WalletConnect Foundation published a revised monthly schedule for the maximum circulating supply of WCT, correcting previous documentation. It shows a steady climb from ~417 million tokens in June 2026 to the full 1 billion supply by November 2028. This schedule accounts for launches on Solana and Base networks and changes to staking pools.

What this means: This is neutral for long-term planning as it provides transparency and predictability. The gradual unlock over more than two years mitigates the risk of a sudden, massive supply shock, allowing demand to potentially absorb new tokens over time. (WalletConnect Foundation)

Conclusion

WCT's path involves navigating near-term exchange reductions while executing a multi-year token distribution plan. Will growing ecosystem utility outpace the scheduled supply increases?

What are people saying about WCT?

TLDR

The chatter around WCT has quieted down significantly from its 2025 heyday, with little fresh discussion to gauge current sentiment. Here’s what’s trending:

  1. A technical analysis from August 2025 highlights a pivotal price juncture and potential for a rally.

  2. A community post from the same period expresses bullish expectations for a return to $1.

  3. An official announcement confirms Coinbase adding support for WCT on Optimism in August 2025.

Deep Dive

1. CoinMarketCap Community: Technical Analysis at a Pivot Point bullish

"WCT/USDT is at a pivotal technical juncture... The next major move depends on whether WCT breaks and holds above $0.3766 with strong volume, which could trigger a rally." – CoinMarketCap Community (14 August 2025 02:56 AM UTC) View original post What this means: This is bullish for WCT because it identifies a clear breakout level that, if surpassed with conviction, could signal the start of a new uptrend and attract momentum traders.

2. CoinMarketCap Community: Bullish Expectations for a $1 Rally 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." – CoinMarketCap Community (2 August 2025 01:00 PM UTC) View original post What this means: This is bullish for WCT because it reflects community confidence in the token's historical performance and its potential to replicate past gains during a broader market recovery.

3. @CoinbaseAssets: Coinbase Adds Optimism Support for WCT neutral

"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 (273.8K followers · 13 August 2025 08:00 PM UTC) View original post What this means: This is neutral for WCT because while exchange listings improve accessibility and liquidity, they do not guarantee positive price action and the impact of this specific event from 2025 has already been absorbed by the market.

Conclusion

The consensus on WCT is mixed but dated, primarily reflecting technical optimism and exchange adoption from mid-2025. Since those discussions, the price has fallen over 88% in a year, suggesting sentiment has likely soured, but current social chatter is too sparse to confirm. Watch for any resurgence in community activity or developer updates to gauge if the narrative is shifting from the current silence.

What is the latest update in WCT’s codebase?

TLDR

WalletConnect's latest codebase developments focus on expanding its payment protocol and blockchain integrations.

  1. WalletConnect Pay Expansion (March 2026) – Broadened payment protocol support to a wider range of wallets, enhancing onchain commerce.

  2. TON Ecosystem Integration (March 2026) – Enabled seamless wallet connectivity across the TON blockchain, improving user and developer experience.

  3. Trezor Hardware Wallet Support (August 2025) – Integrated secure, direct connections for Trezor users to access thousands of dApps.

Deep Dive

1. WalletConnect Pay Expansion (March 2026)

Overview: This update significantly expanded the WalletConnect Pay protocol, making it compatible with a broader array of wallets. It enables more seamless onchain payments and commerce directly from user wallets.

The expansion, announced at WalletCon Cannes 2026, represents a major upgrade to the network's core payment infrastructure. It builds on the existing model where transaction fees from payments flow back into the network to fund rewards for wallets, end users, stakers, and node operators. This wider support is designed to accelerate the adoption of WalletConnect Pay by integrating it into more user touchpoints.

What this means: This is bullish for WCT because it directly increases the potential use cases and transaction volume flowing through the WalletConnect Network. More payments mean more fee revenue, which can fund better rewards for stakeholders and increase the token's utility and demand. (WalletConnect)

2. TON Ecosystem Integration (March 2026)

Overview: This integration brought WalletConnect's secure connection protocol to The Open Network (TON) blockchain. It allows users to connect their wallets to TON-based applications with one integration, reducing friction for developers.

The update provides a standardized, secure bridge for wallets and apps within the growing TON ecosystem. Early adopters included major TON projects like Toncoin, STON.fi, and Dedust. This move is part of WalletConnect's strategic shift towards becoming a chain-agnostic, multi-chain protocol.

What this means: This is bullish for WCT because it expands the network's reach to a new, large user base. By reducing technical barriers on TON, it encourages more development and usage, which can drive network activity and increase the fundamental utility of the WCT token across more blockchains. (WalletConnect)

3. Trezor Hardware Wallet Support (August 2025)

Overview: This update added support for Trezor hardware wallets, allowing their users to connect directly to thousands of decentralized applications (dApps) without compromising private key security.

Previously, hardware wallet users often faced a trade-off between security and accessibility. This integration lets Trezor users keep their keys offline while seamlessly interacting with DeFi, swaps, and social apps across any major blockchain via WalletConnect's protocol.

What this means: This is bullish for WCT because it taps into the security-conscious institutional and retail segment. By making the network more accessible to users who prioritize safety, it can drive higher-value transactions and more sustained network usage, strengthening the ecosystem that the WCT token governs. (WalletConnect)

Conclusion

WalletConnect is actively executing its multi-chain strategy, with recent codebase updates focused on broadening payment capabilities and integrating with major ecosystems like TON and Trezor. This trajectory aims to cement its role as the essential connectivity layer for the onchain economy, directly tying network growth to WCT's utility. How will the planned activation of governance tools further decentralize the network's development?

What is next on WCT’s roadmap?

TLDR

WalletConnect Token's development focuses on decentralizing its core network and expanding utility.

  1. Activate Governance & Fee Mechanisms (Near-term) – Community to vote on implementing network fees and governing protocol upgrades.

  2. Expand to Additional Blockchain Networks (Ongoing) – Integrate WCT with more ecosystems to boost cross-chain utility and user base.

  3. Launch Permissionless Nodes & TVF Metrics (Mid-term) – Open node operations to all and track total value to enhance network transparency.

Deep Dive

1. Activate Governance & Fee Mechanisms (Near-term)

Overview: A key next step is activating WCT's governance and fee functions. The network currently operates without fees, but the community is expected to propose and vote on a fee structure, likely based on Monthly Active Users (MAU), through decentralized governance (WalletConnect). This shift is part of transitioning control from the WalletConnect Foundation to tokenholders via a DAO model. What this means: This is bullish for WCT because it would create a sustainable economic model, generating demand for the token to pay for network services. It also empowers holders, deepening community alignment. The risk is that poorly designed fee parameters could deter developer or user adoption.

2. Expand to Additional Blockchain Networks (Ongoing)

Overview: WalletConnect's strategy is to become chain-agnostic. Following integrations with Optimism, Ethereum, Solana, Sui, and TON, the roadmap includes expanding WCT to more blockchains (Blockworks). This involves technical deployments and partnerships to ensure seamless connectivity. What this means: This is bullish for WCT because each new integration expands the token's addressable market and utility, potentially increasing its user base and transaction volume. It reinforces WalletConnect's position as essential web3 infrastructure. The execution risk depends on the technical complexity and adoption within each new ecosystem.

3. Launch Permissionless Nodes & TVF Metrics (Mid-term)

Overview: The roadmap includes enabling permissionless node operations, allowing anyone to run network infrastructure and earn rewards, and launching Total Value Facilitated (TVF) metrics to publicly track the economic value flowing through the network (Blockworks). What this means: This is bullish for WCT because permissionless nodes decentralize the network's core infrastructure, improving resilience and censorship resistance. Public TVF metrics can serve as a powerful adoption benchmark, increasing transparency and potentially attracting more institutional use. The timeline depends on achieving prior technical and governance milestones.

Conclusion

WCT's path forward centers on cementing its economic model, broadening its multi-chain reach, and fully decentralizing its infrastructure—moves that could transform the token from a speculative asset into a utility-driven network stake. How will the community balance incentivizing node operators with maintaining low barriers for dApp developers?

CMC AI can make mistakes. Not financial advice.