Latest WalletConnect Token (WCT) News Update

Deep Dive

1. @Adanigj: Bullish momentum on Coinbase bullish

"WalletConnect Token (WCT) went up 31.1 percent in the last 24 hours on Coinbase." – @Adanigj (1,455 followers · 30 December 2025 11:58 UTC) View original post What this means: This is bullish for WCT because a double-digit surge on a major exchange like Coinbase signals strong, concentrated buying pressure and can attract short-term trader attention, though the post is from 30 December 2025.

2. Community Analyst: Caution over massive locked supply mixed

"I’ve been going back and forth on $WCT... 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." – Community Analyst (20 July 2025 04:46 AM UTC+0) View original post What this means: This is a bearish counterpoint for WCT because it highlights a significant risk of future dilution, where the current price could face downward pressure as more tokens enter circulation if demand doesn't keep pace.

3. Community Analyst: Technical outlook points to potential rebound bullish

"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 Analyst (18 August 2025 04:01 PM UTC+0) View original post What this means: This is bullish for WCT in the short term as it identifies specific price levels where buying interest could emerge, providing a tactical roadmap for traders looking for a recovery from oversold conditions.

4. Blockworks: Ecosystem growth with Smart Sessions and staking bullish

"WalletConnect... has surpassed 309 million cumulative verified connections... 121.3 million WCT are currently staked, offering up to 22% APY... introducing Smart Sessions." – Blockworks (5 June 2025 12:00 PM UTC+0) View original post What this means: This is bullish for WCT's long-term fundamentals because it demonstrates real-world adoption, provides a yield incentive to reduce circulating supply, and introduces innovative utility (Smart Sessions) that could drive future demand.

Conclusion

The consensus on WCT is mixed, split between short-term technical optimism and long-term fundamental concerns about supply inflation. The key metric to watch is the rate of increase in circulating supply against the growth in network usage and staked tokens, which will determine if utility can outpace dilution.

Deep Dive

1. Multi-Chain Expansion & Sui Integration (June 2025)

Overview: WalletConnect integrated the Sui blockchain into its protocol and enabled the transferability of the WCT token. This allows users and apps on Sui to connect securely and lets WCT move freely, which is a foundational step for trading and governance.

This was a strategic technical update to move beyond an Ethereum-centric model. By adding Sui and enabling token transfers, the protocol's codebase was updated for broader interoperability. The integration uses WalletConnect's existing secure connection framework, meaning users on Sui can now link their wallets to dApps without compromising private keys.

What this means: This is bullish for WCT because it makes the network usable on more blockchains, which could attract more developers and users. For everyday users, it means more apps to connect to and a more functional token that can be traded or used in governance. (Source)

2. Governance Tools Activation (June 2025)

Overview: The WalletConnect team announced plans to activate new governance tools, giving WCT holders direct influence over the network's future through voting on proposals.

This update pertains to the smart contracts and user interface that facilitate decentralized governance. Activating these tools involves code deployments that allow token staking and voting mechanisms to go live, shifting control toward the community.

What this means: This is bullish for WCT because it decentralizes control and gives token holders a real say in the project's direction, increasing long-term holder commitment. For users, it translates to a more community-owned network where their tokens have voting power. (Source)

3. Solana Launch & Airdrop (May 2025)

Overview: WalletConnect launched its WCT token natively on the Solana blockchain, accompanied by a targeted 5-million token airdrop to active Solana users through partners like Phantom and Jupiter.

This required significant codebase work to deploy the token using Wormhole's cross-chain framework, ensuring it operates seamlessly on Solana's high-throughput network. The airdrop mechanism itself involved smart contracts to identify and distribute tokens to eligible users.

What this means: This is bullish for WCT because it taps into Solana's large and active user base, potentially driving new adoption and liquidity. For users, it means faster and cheaper transactions when using WCT within the Solana ecosystem. (Source)

Conclusion

WalletConnect's development trajectory is firmly focused on becoming a chain-agnostic connectivity layer, with key codebase updates enabling transferability, new chain integrations, and community governance. How will the technical roadmap evolve to further decentralize the network's core infrastructure?

Deep Dive

1. TON Ecosystem Integration (March 2026)

Overview: WalletConnect announced a live integration with The Open Network (TON) blockchain, enabling users of wallets like Toncoin, SafePal, and others to connect securely to dApps across the TON ecosystem (WalletConnect). This expands WalletConnect's chain-agnostic protocol, moving beyond its Ethereum and Solana foundations.

What this means: This is bullish for WCT because it directly increases the network's utility and total addressable market by tapping into TON's growing user base. It reinforces WCT's role as the cross-chain connectivity standard, which could drive higher network usage and demand for the token over time.

2. WalletConnect Pay Expansion (March 2026)

Overview: At WalletCon Cannes 2026, WalletConnect announced expanded support for its WalletConnect Pay feature across a wider range of wallets (WalletConnect). This feature simplifies onchain payments, and broader integration makes it more accessible to users.

What this means: This is bullish for WCT because it enhances the token's potential utility within a payments framework. Increased adoption of Pay could create future fee demand for WCT and strengthens WalletConnect's value proposition as a comprehensive onchain UX layer.

3. Community Fee Proposals & Mechanism Design (2025-2026)

Overview: A key part of the long-term roadmap is the introduction of fee mechanisms to ensure network sustainability (Blockworks). Initially, the network operates without fees, but the community will later propose, debate, and vote on fee models—likely a Monthly Active User (MAU) structure for relay services—through WCT governance.

What this means: This is critically bullish for WCT because it establishes a fundamental utility and value-accrual mechanism. Successful implementation would create direct, recurring demand for WCT to pay for network services, transitioning the token from a governance instrument to a productive asset.

4. Enable Permissionless Node Operations (2025-2026)

Overview: The roadmap includes decentralizing the network's infrastructure by enabling permissionless node operations (Blockworks). This will allow anyone to run relay nodes, enhancing network resilience and censorship resistance, with node operators likely earning rewards in WCT.

What this means: This is bullish for WCT as it deepens the token's staking and reward utility, potentially locking up supply and creating a new class of network participants. However, it's a complex technical milestone, and delays in execution could temper short-term positive impact.

Conclusion

WalletConnect's roadmap is strategically advancing on two fronts: expanding its multi-chain footprint through integrations like TON, and maturing its tokenomics via decentralized governance and fee mechanisms. The key driver for WCT's value will be the successful activation of its fee utility, which turns network growth into direct token demand. How quickly can the community converge on and implement a sustainable economic model for the network?

Deep Dive

1. KuCoin Delists WCT from Margin (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 the system automatically liquidating any remaining positions. This move reduces the avenues for leveraged trading of WCT on a major platform. What this means: This is bearish for WCT in the near term because it limits traders' ability to use leverage, potentially reducing speculative trading volume and liquidity on KuCoin. It may signal reduced institutional or platform confidence in the token's short-term viability for margin products. (KuCoin)

2. Project Publishes Detailed Supply Schedule (30 January 2026)

Overview: The WalletConnect team released a revised, month-end maximum circulating supply schedule from January 2026 through November 2028. The document projects the supply to grow from ~334 million to the full 1 billion tokens, providing precise inflation expectations. What this means: This is neutral to slightly bearish for price pressure, as it confirms a steady increase in circulating supply over the next few years, which could act as a headwind for price appreciation. However, the transparency is a positive for long-term investors who can now model dilution accurately. (WalletConnect)

Conclusion

WCT is navigating a phase of reduced exchange support while providing clarity on its future token supply. The key question now is whether growing utility and adoption can outpace the scheduled inflation and offset the loss of trading venues.