Latest WalletConnect Token (WCT) News Update

By CMC AI
30 July 2026 10:19PM (UTC+0)

What is the latest update in WCT’s codebase?

TLDR

WalletConnect's codebase has evolved through strategic multi-chain expansions and payment network enhancements.

  1. WalletConnect Pay Expands to More Wallets (March 2026) – Broadened support for its payment service across a wider range of wallet applications.

  2. Sui Network Integration & WCT Transferability (June 2025) – Added support for the Sui blockchain and enabled WCT token transfers, boosting DeFi access.

  3. Solana Launch with Targeted Airdrop (May 2025) – Deployed the WCT token on Solana, distributing 5 million tokens to active users.

Deep Dive

1. WalletConnect Pay Expands to More Wallets (March 2026)

Overview: This update significantly widened the compatibility of WalletConnect Pay, the protocol's native payment service. It means users of more wallet brands can now seamlessly make crypto payments directly within thousands of connected apps.

The expansion, announced at WalletCon Cannes 2026, represents a major step in scaling the payment network's utility and user base. By integrating with a broader array of wallets, WalletConnect strengthens its position as a foundational layer for on-chain commerce, aiming to capture transaction fee revenue from real-world use. What this means: This is bullish for WCT because a more widely adopted payment network generates more transaction fees. These fees can fund user rewards and staking yields, creating a stronger economic incentive to hold and use the token. (WalletConnect)

2. Sui Network Integration & WCT Transferability (June 2025)

Overview: This dual update added support for the Sui blockchain to the protocol and made the WCT token fully transferable on-chain. For users, this means they can connect Sui-based wallets to dApps and freely trade or move their WCT tokens.

The Sui integration expanded WalletConnect's connectivity to over 600 wallet providers. Enabling transferability was a key step toward decentralised governance, allowing tokens to circulate and be used for community voting on the network's future. What this means: This is bullish for WCT because it directly increases the token's utility and liquidity. More blockchain support means a larger potential user base, while transferability is essential for the token to function in governance and open markets. (Kanalcoin)

3. Solana Launch with Targeted Airdrop (May 2025)

Overview: This major update deployed the WCT token on the Solana blockchain, marking a strategic shift from an Ethereum-centric model to a chain-agnostic protocol. It included a 5 million WCT airdrop to active Solana users via partners like Phantom and Jupiter.

The integration used Wormhole's framework for cross-chain operability, enhancing liquidity. Founder Pedro Gomes stated this move was part of evolving the token's role in governance, staking, and protocol utility. What this means: This is bullish for WCT because it taps into Solana's large and active ecosystem, distributing tokens to real users and increasing adoption. It signals the project's commitment to becoming a universal connectivity standard across all major blockchains. (Coincu)

Conclusion

WalletConnect's development trajectory shows a clear focus on becoming chain-agnostic infrastructure, with recent codebase updates expanding to Sui and Solana while scaling its WalletConnect Pay service. This multi-chain strategy broadens the utility and user base for the WCT token, tying its value closer to network growth and transaction revenue. Which major blockchain ecosystem might be next for integration?

What is next on WCT’s roadmap?

TLDR

WalletConnect's development continues with these milestones:

  1. Major Token Unlock (15 November 2025) – Releases 65.21% of WCT's total supply, valued at ~$13.76M, impacting circulating supply.

  2. Smart Sessions & TVF Metrics Launch (2025–2026) – Introduces automated onchain actions and tracks total value moved through the network.

  3. Multi-Chain Expansion & Fee Governance (2025–2026) – Extends WCT utility to more blockchains and begins community-driven fee proposals.

  4. Gradual Supply Unlock to 1B (2026–2028) – Circulating supply increases monthly, reaching the 1 billion token cap by late 2028.

Deep Dive

1. Major Token Unlock (15 November 2025)

Overview: A significant one-time unlock of approximately 65.21% of WCT's total supply is scheduled for 15 November 2025, valued at around $13.76 million (CoinDesk). This event will substantially increase the circulating supply from its current level of ~434 million tokens.

What this means: This is a neutral-to-bearish catalyst for WCT in the short term because it introduces a large amount of new tokens to the market, which could create selling pressure if demand does not keep pace. However, it is a planned step in the token's distribution towards its fully diluted valuation.

2. Smart Sessions & TVF Metrics Launch (2025–2026)

Overview: The network is rolling out Smart Sessions, which allow users to grant secure permissions for apps or AI agents to perform automated onchain actions, reducing manual wallet confirmations (Blockworks). Alongside this, the team plans to launch Total Value Facilitated (TVF) metrics to publicly track the billions in value moving through the network.

What this means: This is bullish for WCT because it enhances core utility and user experience. Smart Sessions could drive higher transaction volumes, increasing potential fee revenue for the network, while TVF metrics provide transparent proof of adoption, strengthening investor confidence.

3. Multi-Chain Expansion & Fee Governance (2025–2026)

Overview: Following expansions to Solana and Base, the roadmap includes bringing WCT to more blockchains to increase its cross-chain utility (Blockworks). Concurrently, the community will gain the ability to propose and vote on network fee mechanisms, transitioning control from the WalletConnect Foundation to a decentralized DAO.

What this means: This is bullish for WCT because expanding to more chains broadens its addressable market and use cases. Enabling community fee governance is a critical step toward full decentralization, which could attract more stakeholders and solidify WCT's role as a governance token for onchain connectivity.

4. Gradual Supply Unlock to 1B (2026–2028)

Overview: According to the project's official supply schedule, WCT's circulating supply will increase steadily each month, projecting from ~451.9 million in August 2026 to the maximum supply of 1 billion tokens by November 2028 (WalletConnect). This is a long-term, predictable unlock plan.

What this means: This is a neutral long-term factor for WCT because it provides clarity on future token inflation. The gradual pace allows the market to absorb new supply over time, but success hinges on ecosystem growth and utility adoption outpacing the inflation rate to support the token's value.

Conclusion

WalletConnect Token's roadmap is a multi-year journey focused on enhancing utility through automation, expanding across chains, and progressively decentralizing governance, all while managing a transparent token supply unlock. The key challenge will be ensuring ecosystem growth generates sufficient demand to absorb the increasing token supply. How will the adoption of Smart Sessions influence WCT's transaction fee potential in the coming year?

What is the latest news on WCT?

TLDR

WCT's recent news paints a mixed picture of exchange challenges and product expansion. Here are the latest updates:

  1. KuCoin Delists WCT from Margin Trading (29 May 2026) – A bearish development reducing trading options and liquidity for the token.

  2. WalletConnect Pay Expands to Major Wallets (31 March 2026) – A bullish product update broadening utility and user reach for the network.

  3. WCT Sees Major Token Unlock (15 November 2025) – A past supply event that initially added selling pressure before a price rally.

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 required users to close positions and repay loans, with automatic liquidation procedures for non-compliance. This removal reduces advanced trading avenues for WCT on a major platform. What this means: This is bearish for WCT because it limits leverage-based trading strategies, potentially reducing trading volume and liquidity on KuCoin. It may signal reduced exchange support or reflect lower demand for WCT in margin markets. (KuCoin)

2. WalletConnect Pay Expands to Major Wallets (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 development aims to streamline on-chain payments and improve user experience. What this means: This is bullish for WCT because it demonstrates active product development and ecosystem growth, enhancing the token's underlying utility. Broader adoption of WalletConnect's payment layer could drive long-term network usage and value. (WalletConnect)

3. WCT Sees Major Token Unlock (15 November 2025)

Overview: A significant one-time unlock of approximately 65.21% of WCT's total supply (worth ~$13.76M at the time) occurred on 15 November 2025. Such events often introduce sell pressure from early investors and team members receiving tokens. What this means: This was initially a bearish supply-side event. However, subsequent news noted WCT's price surged 18% shortly after, suggesting the market absorbed the new supply and momentum turned positive, highlighting the token's volatility. (CoinDesk)

Conclusion

WCT's trajectory is caught between bearish exchange dynamics and bullish product evolution, reflecting its high-volatility nature. Will growing utility from expansions like WalletConnect Pay outweigh the headwinds from reduced exchange support?

What are people saying about WCT?

TLDR

The chatter around WCT is a tug-of-war between believers in its $1 potential and realists wary of its tokenomics. Here’s what’s trending:

  1. Bullish momentum is building with traders eyeing a return to $1, fueled by Coinbase support and Solana expansion.

  2. Technical analysis points to a pivotal moment near key support, with a breakout above $0.3878 seen as a critical bullish signal.

  3. A cautious undercurrent remains focused on high volatility and the significant supply still locked, urging a measured approach.

Deep Dive

1. @CoinbaseAssets: WCT Goes Live on Coinbase 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 (273K followers · 14 August 2025 16:15 UTC) View original post What this means: This is bullish for WCT because a major exchange listing significantly improves accessibility, liquidity, and legitimacy, often attracting a new wave of retail investors.

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

"Will Wallet Connect's success propel the $WCT token back to $1? WCT experienced a meteoric rise after its listing, surpassing $1... WCT has over 300% upside potential." – Community Post (1 August 2025 18:47 UTC) View original post What this means: This reflects a dominant bullish narrative where traders are anchoring to WCT's all-time high near $1.35, viewing the current price around $0.30 as a deep discount with major upside if market sentiment improves.

3. Technical Trader: Watching Key Support and Resistance mixed

"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... failure to maintain above $0.3430 may lead to a drop." – Community Post (14 August 2025 02:56 UTC) View original post What this means: This is neutral for WCT, highlighting that the price is at a technical inflection point. The immediate direction is uncertain and hinges on whether it can reclaim higher resistance levels or breaks down from current support.

4. Crypto Strategist: Cautious on Supply Inflation Risk bearish

"Over 80% of the supply is still locked... The fully diluted valuation is around $639M, but the market cap? Barely $64M. That gap is wild... can the adoption grow faster than the inflation?" – Community Post (20 July 2025 04:46 UTC) View original post What this means: This is bearish for WCT because it highlights a major overhang: only 18.6% of the 1 billion total supply is circulating. Future unlocks could create significant sell pressure if demand doesn't keep pace, posing a long-term risk to price stability.

Conclusion

The consensus on WCT is mixed but leaning cautiously optimistic. The bullish case is driven by strong fundamentals—its essential role as Web3 infrastructure, major exchange listings, and multi-chain expansion. However, savvy commentators temper this excitement with a sober look at its high fully diluted valuation and the vast majority of tokens yet to enter circulation. Watch for a sustained price break above the $0.3878 resistance level; holding that would signal the bullish narrative is gaining concrete traction.

CMC AI can make mistakes. Not financial advice.