Latest WalletConnect Token (WCT) News Update

Deep Dive

1. @CoinbaseAssets: Exchange listing fuels adoption bullish

"WalletConnect Token (WCT) is now live on & in the Coinbase iOS & Android apps." – @CoinbaseAssets (273K followers · 14 August 2025 16:15 UTC) View original post What this means: This is bullish for WCT because a major, regulated exchange listing dramatically increases accessibility and legitimacy, often attracting new capital and solidifying its position as a core Web3 infrastructure asset.

2. CoinMarketCap Community: Price target of $1 based on past performance mixed

"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 Post (2 August 2025 13:00 UTC) View original post What this means: This reflects a common bullish narrative that anchors future price expectations ($1) to its historical peak of $1.35, suggesting a belief in a repeatable pattern if broader market conditions improve.

3. CoinMarketCap Community: Cautious optimism amid supply inflation risk bearish

"On the surface, it looks bullish... But here’s the part that makes me pause: over 80% of the supply is still locked... That’s a huge unlock hanging over us." – CoinMarketCap Community Post (20 July 2025 04:46 UTC) View original post What this means: This is a bearish counterpoint highlighting a major risk: with only 186M of 1B tokens circulating, future unlocks could create significant sell pressure if demand growth doesn't outpace the new supply entering the market.

4. CoinMarketCap Community: Technical analysis points to oversold rebound potential neutral

"RSI (28.83) is in the oversold region, suggesting a potential rebound is forming... If WCT holds above $0.3100... a push toward $0.3386 is possible." – CoinMarketCap Community Post (18 August 2025 16:01 UTC) View original post What this means: This is neutral for WCT, as it translates technical indicators into actionable levels, framing the current price as potentially oversold and identifying $0.3100 as a critical short-term support zone for a recovery.

Conclusion

The consensus on WCT is cautiously bullish. The community is unified in recognizing its fundamental strength as a critical connectivity layer for Web3, amplified by major exchange support. However, enthusiasm is tempered by a pragmatic fear of supply-side inflation from future token unlocks. The conversation is currently balanced between its proven utility and this significant overhead risk. Watch the $0.3100 support level closely; a sustained hold above it could validate the rebound thesis, while a break below may amplify supply-related fears.

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 move required users to close positions and repay loans, with the system automatically liquidating accounts if necessary. This follows a broader trend of exchanges streamlining their margin offerings. What this means: This is bearish for WCT in the near term because it reduces accessible leverage and trading avenues on a major platform, potentially dampening liquidity and speculative interest. (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 update aims to facilitate easier on-chain transactions. What this means: This is bullish for WCT's long-term utility because it enhances the token's ecosystem, driving adoption of its payment rails and reinforcing its role as core infrastructure for the "financial internet." (WalletConnect)

3. Major Token Unlock Adds Circulating Supply (25 November 2025)

Overview: Data from Token Unlocks showed WCT underwent a significant one-time unlock of approximately 10.06 million tokens (10.07% of total supply) on 25 November 2025, valued at roughly $11.6 million at the time. What this means: This event was bearish for price action as it increased the liquid supply, creating potential selling pressure from newly vested holders, which often weighs on token valuation in the short term. (Weex)

Conclusion

WCT is navigating a path where foundational product growth clashes with practical market accessibility challenges. Will deepening utility through payments outweigh the impact of reduced exchange support?

Deep Dive

1. Smart Sessions Launch (June 2025)

Overview: This update allows users to grant secure, predefined permissions to applications or AI agents, enabling them to perform transactions automatically. It directly improves the mobile and dApp experience by reducing the frequency of disruptive wallet pop-up windows.

The feature, called Smart Sessions or Automated Onchain Actions, is designed to facilitate real automation for repetitive tasks. By streamlining the connection and transaction process, it aims to increase overall network usage and transaction volume, which in turn could enhance the utility and demand for the WCT token within its ecosystem.

What this means: This is bullish for WCT because it makes the user experience significantly smoother and faster, which can drive more people to use WalletConnect-powered apps. Increased usage translates to more network activity, potentially boosting the value of the ecosystem's native token. (Blockworks)

2. Governance Tools Activation (June 2025)

Overview: This development phase activated new governance tools, giving WCT holders more direct influence over the network's future, such as fee structures and reward mechanisms.

It represents a step toward full decentralized governance, moving control from the core team to the token-holding community. This process is foundational for the long-term health and credibility of a decentralized network.

What this means: This is neutral to bullish for WCT because it empowers the community, aligning the network's development with user interests. However, its positive impact depends on active and thoughtful participation from token holders. (OKX)

Conclusion

WalletConnect's development is strategically focused on enhancing user experience through automation and decentralizing control through community governance. Will the rollout of permissionless node operations be the next major milestone to watch for?

Deep Dive

1. Launch Total Value Facilitated Metrics (2026)

Overview: A key upcoming initiative is the public launch of Total Value Facilitated (TVF) metrics (Blockworks). This dashboard will transparently track the billions of dollars in transaction value flowing through WalletConnect's protocol, providing a clear measure of network adoption and utility.

What this means: This is bullish for WCT because it creates a fundamental, onchain metric to gauge network health, moving beyond speculative trading. It could attract utility-driven demand if TVF shows consistent growth.

2. Expand WCT to More Blockchains (2026)

Overview: Following its launch on Optimism, Ethereum, and Solana, the roadmap includes expanding WCT's presence to additional blockchains (Blockworks). This multi-chain strategy aims to embed the token deeper into the cross-chain user experience.

What this means: This is neutral-to-bullish for WCT. Broader chain support increases potential utility and user base, but success depends on actual integration and usage, not just technical deployment.

3. Introduce Community Fee Proposals (2026)

Overview: A major step toward decentralization is the activation of network fees, which would be paid in WCT. The community will propose, discuss, and vote on fee models and mechanisms through governance (WalletConnect).

What this means: This is crucially bullish for WCT because it could create a sustainable, demand-side use case for the token. However, it's a risk if fee proposals are delayed, rejected, or if adoption is too low to generate meaningful fee revenue.

4. Enable Permissionless Node Operations (2026)

Overview: The long-term vision involves transitioning the network's relay infrastructure to a permissionless model, allowing anyone to run a node and earn rewards (Blockworks). This decentralizes the core service and aligns with Web3 principles.

What this means: This is bullish for WCT as it would deepen the token's staking and reward mechanics, potentially locking up supply. The bearish risk is technical complexity delaying implementation.

Conclusion

WCT's roadmap focuses on proving utility via transparent metrics, expanding its reach, and activating its core economic model through fees and decentralization. The key question is whether user adoption will grow fast enough to absorb the significant unlocked supply and validate these utility features.