Latest WalletConnect Token (WCT) News Update

By CMC AI
10 July 2026 01:39AM (UTC+0)

What is the latest news on WCT?

TLDR

WCT faces a recent exchange headwind but maintains a clear long-term supply roadmap. Here are the latest developments:

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

  2. Project Updates Circulating Supply Schedule (30 January 2026) – Foundation provides a transparent, multi-year token release plan, capping supply at 1 billion by late 2028.

  3. Token Unlock Sparks 18% Price Rally (17 November 2025) – A major supply release was met with bullish momentum, briefly defying typical sell-pressure expectations.

Deep Dive

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

Overview: KuCoin announced the removal of WalletConnect Token (WCT) from its Cross Margin Trading services, effective 3 June 2026. The exchange required users to close positions and repay loans before the deadline, with automated liquidations for non-compliance. This follows similar delistings for other tokens like AEVO and ANIME. What this means: This is bearish for WCT in the near term because it reduces accessible leverage and could dampen trading volume on a major platform, potentially increasing price volatility. It reflects an exchange's risk reassessment of the asset's margin viability. (KuCoin)

2. Project Updates Circulating Supply Schedule (30 January 2026)

Overview: The WalletConnect team released a corrected monthly schedule detailing the maximum circulating supply through November 2028. The plan shows a steady climb from 417.2 million tokens today to the full 1 billion cap, accounting for launches on Solana and Base and changes to staking pools. What this means: This is neutral to slightly positive for WCT because it provides long-term supply predictability, reducing uncertainty for holders. However, the defined inflation schedule means consistent new supply entering the market, which could act as a persistent overhead resistance if demand doesn't keep pace. (WalletConnect)

3. Token Unlock Sparks 18% Price Rally (17 November 2025)

Overview: In mid-November 2025, WCT unlocked approximately 10.06 million tokens (10.07% of supply). Contrary to the typical sell-off following a unlock, the price rallied 18% in 24 hours, breaking key moving averages with a positive MACD. What this means: This was bullish at the time, indicating strong underlying demand that absorbed the new supply. It highlights WCT's potential for volatile, sentiment-driven moves, but such a reaction to dilution is atypical and may not be repeatable. (Binance Square)

Conclusion

WCT's recent narrative blends a near-term liquidity setback with disciplined long-term tokenomics, following a history of volatile reactions to supply events. Will growing protocol utility eventually outweigh the persistent headwind from scheduled token releases?

What is the latest update in WCT’s codebase?

TLDR

WalletConnect's recent updates focus on ecosystem expansion rather than direct codebase changes.

  1. Pay Integration with TON & Wallets (31 March 2026) – WalletConnect Pay expanded support to the TON ecosystem and a wider range of wallet applications.

  2. Multi-Chain Expansion to Solana (23 May 2025) – The WCT token launched on Solana, marking a strategic shift to a chain-agnostic protocol.

  3. Governance & Staking Roadmap (3 June 2025) – The team announced plans to activate new governance tools and improve staking mechanisms.

Deep Dive

1. Pay Integration with TON & Wallets (31 March 2026)

Overview: This update broadened the reach of WalletConnect Pay, enabling seamless and secure wallet connectivity across the TON blockchain and additional popular wallets. For users, this means a smoother experience when connecting to dApps on TON using supported wallets.

The integration is part of WalletConnect's strategy to become the universal connectivity layer, reducing friction for developers and improving the user experience. It was announced live at WalletCon Cannes 2026, highlighting its significance as a network expansion.

What this means: This is bullish for WCT because it directly increases the utility and potential transaction volume of the WalletConnect Network. More integrations mean more users and more fee revenue, which can ultimately benefit stakers and token holders through the network's reward mechanisms. (WalletConnect)

2. Multi-Chain Expansion to Solana (23 May 2025)

Overview: This major update deployed the WCT token on the Solana blockchain, supported by a 5 million token airdrop to active users. It fundamentally shifted the protocol from being Ethereum-centric to a chain-agnostic standard.

The technical integration used Wormhole’s framework for cross-chain operability, enhancing liquidity and composability. This move leverages Solana's high speed and low costs to attract a new user base.

What this means: This is bullish for WCT because it significantly expands the token's addressable market and utility. By becoming a true multi-chain asset, WCT is positioned to capture value from growing ecosystems beyond Ethereum, potentially driving greater demand and network usage. (CoinMarketCap)

3. Governance & Staking Roadmap (3 June 2025)

Overview: This announcement outlined plans to activate new governance tools for WCT holders and launch token-based incentive activities. It focused on improving staking mechanics and partnerships to attract more node operators.

While not a code release, this roadmap sets the direction for future protocol development and utility. It signals the team's commitment to decentralizing control and rewarding community participation.

What this means: This is neutral-to-bullish for WCT because it promises to enhance the token's core utilities—governance and staking. If successfully implemented, it could lead to a more robust and engaged ecosystem, though the impact depends on execution. (OKX)

Conclusion

WalletConnect's latest developments show a clear trajectory toward becoming a ubiquitous, chain-agnostic connectivity layer, with recent efforts focused on expanding its Pay service and multi-chain presence. How will the activation of its full governance model later this year influence holder participation and network security?

What is next on WCT’s roadmap?

TLDR

WalletConnect's development continues with these milestones:

  1. Full WalletConnect Pay Rollout (2026) – Expanding the payment service to more wallets and regions after its initial announcement.

  2. Community Fee Proposals & Mechanism Design (2026) – Enabling tokenholders to propose and vote on network fee structures using WCT.

  3. Multi-Chain Expansion for WCT (2026) – Extending the token's utility and staking to additional blockchain ecosystems beyond Ethereum, Optimism, and Solana.

Deep Dive

1. Full WalletConnect Pay Rollout (2026)

Overview: Following its announcement at WalletCon Cannes in March 2026, WalletConnect Pay is in the process of expanding support to a wider range of wallets. This service aims to streamline onchain payments, leveraging the existing network of over 600 integrated wallets. What this means: This is bullish for WCT because it introduces a new, high-frequency use case that could drive demand for the token if fees are eventually implemented. Wider adoption of Pay enhances the network's utility and cements its role as critical infrastructure.

2. Community Fee Proposals & Mechanism Design (2026)

Overview: A key upcoming governance milestone is the activation of community-driven fee proposals. The network currently operates without fees, but its roadmap specifies that the community may propose, discuss, and decide on fee models as the ecosystem matures (WalletConnect). What this means: This is neutral to bullish for WCT. It represents a major step toward decentralisation and sustainable economics, potentially creating a tangible utility sink for WCT. The risk is that fee implementation could be delayed if the community decides the network isn't ready.

3. Multi-Chain Expansion for WCT (2026)

Overview: The long-term vision includes expanding WCT's presence to more blockchain networks. Having already launched on Ethereum, Optimism, and Solana, the team aims to further WCT's chain-agnostic strategy to boost liquidity and composability across the Web3 ecosystem (Blockworks). What this means: This is bullish for WCT because it broadens the token's addressable market and utility, potentially attracting new users and stakers from various ecosystems. Success depends on seamless cross-chain technology and partner integrations.

Conclusion

WCT's roadmap is focused on transitioning from foundational infrastructure to a mature, fee-generating ecosystem governed by its tokenholders. The planned expansion of WalletConnect Pay and multi-chain utility are key drivers for future adoption. How quickly will the community activate network fees to unlock WCT's full economic model?

What are people saying about WCT?

TLDR

Traders are cautiously optimistic about WCT, eyeing a rebound from oversold levels while weighing its strong fundamentals against lingering supply concerns. Here’s what’s trending:

  1. Analysts are mapping out a potential price recovery, watching for WCT to hold above $0.315 and break resistance near $0.334.

  2. The official Coinbase listing in August 2025 is still cited as a major credibility boost and a key driver of past rallies.

  3. The community is bullish on WCT's role as essential Web3 infrastructure but is wary of future token unlocks impacting price.

Deep Dive

1. @CoinbaseAssets: Official Coinbase Listing Announcement bullish

"WalletConnect Token (WCT) is now live on & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets." – @CoinbaseAssets (274K 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 liquidity, accessibility, and institutional credibility, which historically drives demand and price appreciation.

2. Community Analyst: Technical Outlook for a Rebound mixed

"Currently, WCT/USDT is trading at $0.3152, down -6.13%... RSI (28.83) is in the oversold region, suggesting a potential rebound is forming... If WCT holds above $0.3100 and regains strength above $0.3226, a push toward $0.3386 is possible." – Community Post (18 August 2025 04:01 PM UTC) View original post What this means: This presents a mixed but leaning bullish short-term view. The oversold RSI suggests a technical bounce is due, but the path upward is contingent on holding specific support levels, indicating trader caution.

3. Community Analyst: Bullish on Fundamentals, Cautious on Supply bearish

"I’ve been going back and forth on $WCT... 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... I’m staying cautious here." – Community Post (20 July 2025 04:46 AM UTC) View original post What this means: This is bearish for WCT in the medium term because it highlights a major risk of future inflation. The analyst acknowledges strong adoption (150M+ connections) but worries that new token supply could outpace demand, suppressing price.

Conclusion

The consensus on WCT is mixed but leans cautiously bullish. Sentiment is split between traders capitalizing on short-term technical setups and long-term believers in its essential infrastructure role, all while keeping a watchful eye on future token unlocks. Monitor whether price can sustainably hold above the $0.315 support zone to gauge if the rebound narrative gains strength.

CMC AI can make mistakes. Not financial advice.