Latest WalletConnect Token (WCT) News Update

By CMC AI
27 September 2026 11:20AM (UTC+0)

What are people saying about WCT?

TLDR

WCT chatter is a tug-of-war between bullish infrastructure believers and cautious traders eyeing token unlocks. Here’s what’s trending:

  1. Bullish on a $1 rebound – Community members are betting on WCT's utility to fuel a rally back to its all-time high.

  2. Technical traders watch key levels – Analysts pinpoint $0.3150 as critical support for a potential recovery toward $0.3878.

  3. Exchange moves stir mixed feelings – Recent listings like Coinbase boost visibility, but KuCoin's margin delisting raises liquidity concerns.

  4. Supply inflation is the elephant in the room – Savvy commentators warn that over 80% of tokens are still locked, posing a long-term risk.

Deep Dive

1. @CoinbaseAssets: Official WCT Listing on Coinbase bullish

"WalletConnect Token (WCT) is now live on & in the Coinbase iOS & Android apps." – @CoinbaseAssets (271K followers · 14 August 2025 04:15 PM UTC) View original post What this means: This is bullish for WCT because a major exchange listing significantly improves accessibility and liquidity, often attracting new investors and validating the project's credibility to a broader audience.

2. Community Analyst: Targeting a Return to $1 bullish

"WCT has over 300% upside potential. We wouldn't be surprised if $WCT... surges to $1." – Community Post (1 August 2025 06:47 PM UTC) View original post What this means: This reflects bullish sentiment anchored in WCT's past performance (reaching $1.35) and the belief that its role as essential Web3 infrastructure will drive substantial price appreciation in a favorable market.

3. Technical Analyst: Oversold Bounce and Key Support mixed

"RSI (28.83) is in the oversold region, suggesting a potential rebound... Immediate Support: $0.3105 – a crucial level that needs to hold." – Community Post (18 August 2025 04:01 PM UTC) What this means: This presents a mixed but tactical outlook. The oversold RSI suggests a near-term bounce is possible, but the bearish momentum (negative MACD) and risk of breaking support at $0.3105 mean the recovery is fragile and not guaranteed.

4. Informed Skeptic: Cautious on Unlock Overhang bearish

"Over 80% of the supply is still locked... That’s a huge unlock hanging over us. ...short-term pumps from airdrops, followed by slow bleed if the utility doesn’t catch up." – Community Post (20 July 2025 04:46 AM UTC) View original post What this means: This is bearish for WCT's long-term price because it highlights the risk of significant sell pressure as locked tokens enter circulation, which could outweigh organic demand growth unless adoption accelerates dramatically.

Conclusion

The consensus on WCT is cautiously mixed. Optimism is driven by its foundational role in Web3, recent exchange support, and technical setups hinting at a rebound. However, this is tempered by prudent concerns over future token supply inflation and the token's high volatility. Watch the $0.3150 support level closely; holding above it could validate the recovery narrative, while a breakdown may signal extended consolidation.

What is next on WCT’s roadmap?

TLDR

WalletConnect's development continues with these milestones:

  1. Launch Total Value Facilitated Metrics (2025) – Public dashboard to track the economic value flowing through the network.

  2. Expand WCT to More Blockchains (2025–2026) – Multi-chain deployment to increase utility and accessibility across ecosystems.

  3. Introduce Community Fee Proposals (2025–2026) – Governance process to activate a sustainable network fee model using WCT.

  4. Enable Permissionless Node Operations (2026) – Decentralize network infrastructure by allowing anyone to run relay nodes.

Deep Dive

1. Launch Total Value Facilitated Metrics (2025)

Overview: A key upcoming initiative is the public launch of Total Value Facilitated (TVF) metrics. This dashboard will transparently track the billions of dollars in assets moving through WalletConnect's protocol across DeFi, payments, and staking. It serves as a public scorecard for network adoption and economic activity.

What this means: This is bullish for WCT because it provides tangible, on-chain proof of the network's utility and scale, which could attract more developers and institutional users. Transparency in key metrics often builds investor confidence and validates the token's underlying value proposition.

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

Overview: The roadmap emphasizes becoming a chain-agnostic protocol. Following integrations with Optimism, Ethereum, and Solana, the plan is to expand WCT's presence to additional blockchains throughout 2025 and 2026 (Blockworks). This multi-chain strategy reduces ecosystem dependency and broadens the token's user base.

What this means: This is bullish for WCT because it directly increases the token's addressable market and utility. More chain integrations mean more potential users and applications, driving demand for WCT for governance, staking, and eventually, fee payments.

3. Introduce Community Fee Proposals (2025–2026)

Overview: A major step toward decentralization is activating a fee model for network services. The community will be able to propose, debate, and vote on fee mechanisms, likely based on a Monthly Active User (MAU) model for the connection service. Fees would be payable in WCT, creating a direct utility sink (WalletConnect Blog).

What this means: This is critically bullish for WCT because it would establish a sustainable revenue model for the network, with WCT as the required payment currency. This creates a continuous demand driver, moving the token beyond governance into a core operational asset.

4. Enable Permissionless Node Operations (2026)

Overview: The long-term vision includes transitioning the network's relay infrastructure to a permissionless model. This would allow anyone to run a node, further decentralizing the network and enhancing its resilience and censorship resistance. Node operators could be rewarded in WCT, incentivizing participation.

What this means: This is bullish for WCT as it deepens the token's utility within the network's core infrastructure. Staking and reward mechanisms for node operators could lock up supply and attract participants focused on network security, supporting a more robust and valuable ecosystem.

Conclusion

WalletConnect's roadmap is a structured march toward full decentralization, pivoting WCT from a governance token to the essential economic engine of a multi-chain connectivity layer. The activation of fees and node operations are particularly pivotal milestones that could fundamentally alter its demand profile. How will the community balance incentivizing growth with managing the inflationary pressure from future token releases?

What is the latest news on WCT?

TLDR

WCT's recent news is a mix of a major exchange delisting and steady long-term supply planning. Here are the latest updates:

  1. KuCoin Delists WCT from Margin Trading (29 May 2026) – Exchange removes cross-margin support, potentially reducing short-term leverage access.

  2. Updated Long-Term Token Release Schedule (30 January 2026) – Project outlines max circulating supply growth through 2028, providing supply transparency.

  3. Historic Solana Expansion & Airdrop (May 2025) – Major multi-chain move included a 5M WCT airdrop, boosting ecosystem engagement.

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 2:00 UTC on 3 June 2026, halting margin trading, lending, and borrowing for WCT on the platform. Users were advised to close positions and transfer assets out of margin accounts beforehand to avoid automatic liquidations. What this means: This is bearish for WCT in the short term because it reduces immediate trading utility and access to leveraged positions on a major exchange, which could dampen liquidity and speculative interest. However, the impact may be contained if trading remains active on other major spot markets. (KuCoin)

2. Updated Long-Term Token Release Schedule (30 January 2026)

Overview: The WalletConnect team published a revised month-end schedule for the maximum circulating supply of WCT, projecting growth from ~469.5 million in September 2026 to the full 1 billion supply by November 2028. This schedule accounts for previous documentation errors and adjustments for network launches. What this means: This is neutral to cautiously positive for WCT because it provides clear, long-term supply visibility, reducing uncertainty for investors. The gradual, predictable unlock schedule helps mitigate the risk of sudden, large sell pressure, allowing the market to absorb new supply over time. (WalletConnect)

3. Historic Solana Expansion & Airdrop (May 2025)

Overview: In a key strategic shift, WalletConnect launched its WCT token on the Solana blockchain in May 2025, accompanied by a targeted 5 million WCT airdrop to active Solana users. This followed earlier deployments on Ethereum and Optimism, cementing its multi-chain approach. What this means: This was a bullish catalyst for WCT at the time, as it significantly expanded the token's utility and user base within a high-growth ecosystem. Such integrations enhance WCT's fundamental value as the connectivity layer for the decentralized web, though the direct price impact has since been absorbed by the market. (WalletConnect)

Conclusion

WCT's trajectory is currently defined by a reduction in exchange leverage options against a backdrop of methodical, long-term supply management and a historically successful multi-chain expansion. Will the project's foundational utility and transparent tokenomics outweigh the near-term headwind from reduced trading product support?

What is the latest update in WCT’s codebase?

TLDR

WalletConnect's latest updates focus on expanding its payment infrastructure and enhancing token utility.

  1. WalletConnect Pay Expansion (March 2026) – Broadened support for its payment service across more wallets, increasing usability.

  2. Governance & Staking Activation (June 2025) – Activated new governance tools and improved staking mechanisms for WCT holders.

  3. Multi-Chain Expansion to Solana (May 2025) – Launched WCT on Solana with a targeted airdrop, marking a key technical integration.

Deep Dive

1. WalletConnect Pay Expansion (March 2026)

Overview: WalletConnect significantly expanded the support for its WalletConnect Pay service across a wider range of cryptocurrency wallets. This update makes it easier for users to make on-chain payments directly from their preferred wallets.

The expansion was announced live at WalletCon Cannes 2026, highlighting new partnerships and integrations. This move is part of a strategy to turn WalletConnect into a primary payments network for Web3, where transaction fees generate revenue that can fund user rewards and network incentives.

What this means: This is bullish for WCT because it directly ties the token's value to real-world usage and transaction volume. A more widely adopted payment system means more fees flowing through the network, which can fund rewards for stakers and increase the token's utility. For users, it means simpler and more rewarding crypto payments. (WalletConnect)

2. Governance & Staking Activation (June 2025)

Overview: The WalletConnect Foundation announced plans to activate new governance tools and launch token-based incentive activities, including improvements to staking and partnerships.

This development followed the enabling of WCT transferability, a crucial technical step that allowed the token to be traded and used in governance. The update is focused on decentralizing control and giving token holders a direct say in the network's future development, such as voting on proposals.

What this means: This is bullish for WCT because it transitions the project toward community-driven decision-making, which often increases long-term holder commitment. Improved staking mechanisms provide a way for holders to earn rewards, potentially reducing sell pressure. For users, it means more influence over the tools they use every day. (OKX)

3. Multi-Chain Expansion to Solana (May 2025)

Overview: WalletConnect executed a major technical integration by launching its WCT token on the Solana blockchain. This involved using Wormhole's Native Token Transfers standard to bridge assets and included a targeted airdrop of 5 million WCT to active Solana users.

This launch marked WCT's third blockchain deployment after Ethereum and Optimism, solidifying its technical architecture as a multi-chain token. The goal was to identify and reward "real users" who were already active in the Solana ecosystem through wallets and apps like Phantom and Jupiter.

What this means: This is bullish for WCT because it dramatically increases the token's potential user base and liquidity by tapping into the large Solana ecosystem. Technically, it demonstrates the protocol's flexibility and commitment to being chain-agnostic. For users, it means seamless connectivity across more blockchains. (CoinMarketCap)

Conclusion

The trajectory for WCT is defined by strategic technical expansions that enhance its utility as a core connective layer for Web3, from multi-chain deployments to a growing payment network. These updates aim to transform WCT from a governance token into the economic engine of a widely-used infrastructure. How will the balance between user incentives and sustainable fee generation evolve as adoption grows?

CMC AI can make mistakes. Not financial advice.