Latest WalletConnect Token (WCT) News Update

By CMC AI
17 July 2026 08:39AM (UTC+0)

What are people saying about WCT?

TLDR

WCT chatter is a tug-of-war between believers eyeing a $1 comeback and skeptics wary of relentless selling pressure. Here’s what’s trending:

  1. Community members are rallying around the $1 price target, citing past performance and widespread utility.

  2. A major exchange's decision to delist WCT from margin trading is seen as a fresh blow to liquidity and sentiment.

  3. Analysts note the token is technically oversold but warn of persistent downside risks from high inflation.

Deep Dive

1. @CoinbaseAssets: WCT added to Coinbase roadmap and goes live bullish

"WalletConnect Token (WCT) is now live on & in the Coinbase iOS & Android apps." – @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 accessibility and credibility for retail investors, potentially driving new demand.

2. Community Post: Eyes are on the $1 price target again bullish

"Expectations are rising for WCT... When the market returns to the green, we could see WCT rally towards $1. It's done this before." – Community Post (2 August 2025 01:00 PM UTC) View original post What this means: This reflects a bullish, hopeful narrative within the community that leverages WCT's past peak above $1.30 as a blueprint, banking on broader market recovery and the protocol's essential utility.

3. KuCoin Announcement: Margin trading delisting adds pressure bearish

"KuCoin will Delist Cross Margin Trading services for... WCT... on 2026-06-03." – KuCoin (29 May 2026) What this means: This is bearish for WCT because removing margin trading reduces liquidity and sophisticated trading options on a major platform, often signaling declining exchange support and exacerbating sell-side pressure.

Conclusion

The consensus on WCT is mixed but leaning cautious. While a core community holds conviction for a long-term recovery to $1, this optimism is tempered by immediate headwinds: a significant token unlock schedule that inflates supply and exchange delistings that erode market structure. Watch the $0.3008 support level; a sustained break below could accelerate the downtrend toward yearly lows.

What is the latest news on WCT?

TLDR

WCT's recent news paints a mixed picture of product growth against trading headwinds. Here are the latest updates:

  1. KuCoin Delists WCT from Margin Trading (29 May 2026) – Exchange removes leverage options, potentially reducing liquidity and trading flexibility.

  2. WalletConnect Pay Expands to Major Wallets (31 March 2026) – Broader payment integration enhances utility and could drive network adoption.

  3. Updated Token Release Schedule Published (30 January 2026) – Clear, long-term supply roadmap reduces uncertainty but indicates ongoing inflation.

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 advised users to close positions and repay loans, with the system automatically liquidating any remaining positions at the designated time. This follows a broader trend of exchanges streamlining margin offerings. What this means: This is bearish for WCT in the short term, as it reduces accessible leverage and could dampen trading volume on a major platform. It may signal reduced institutional or speculative interest, potentially adding sell pressure as positions are unwound. (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, now supported across a range of major wallet providers. This development aims to streamline on-chain payments and improve user experience. What this means: This is bullish for WCT's long-term utility, as it deepens the protocol's integration into the core infrastructure of Web3. Expanding real-world use cases for secure connectivity can drive network demand, which is fundamental for the token's value accrual. (WalletConnect)

3. Updated Token Release Schedule Published (30 January 2026)

Overview: The WalletConnect Foundation released a revised, detailed month-end schedule for the maximum circulating supply of WCT, extending from January 2026 through November 2028. The schedule projects the circulating supply to grow from 417.2 million to 1 billion tokens over this period. What this means: This is neutral for price discovery, providing much-needed transparency that reduces investor uncertainty. However, the predefined inflation schedule indicates consistent sell pressure from unlocks, which the market must absorb for the price to appreciate. (WalletConnect Foundation)

Conclusion

WCT is navigating a path where foundational product growth clashes with near-term trading and supply challenges. Will increasing utility from expansions like WalletConnect Pay outpace the selling pressure from scheduled unlocks and reduced exchange support?

What is next on WCT’s roadmap?

TLDR

WalletConnect Token's development continues with these milestones:

  1. Launch Total Value Facilitated Metrics (2025–2026) – Public dashboard to track economic activity flowing through the network.

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

  3. Introduce Community Fee Proposals (2025–2026) – Governance process to activate network fees paid in WCT.

  4. Enable Permissionless Node Operations (2025–2026) – Decentralize network infrastructure by allowing anyone to run a node.

Deep Dive

1. Launch Total Value Facilitated Metrics (2025–2026)

Overview: A key upcoming initiative is the public launch of Total Value Facilitated (TVF) metrics. This dashboard will quantify the billions in transaction value moving through the WalletConnect Network, providing transparent, real-time data on network adoption and economic activity (Blockworks).

What this means: This is bullish for WCT because transparent, high TVF metrics could validate the network's critical infrastructure role, attracting more developers and institutional users. However, if growth metrics stall, it might dampen investor confidence in the token's utility.

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

Overview: Following its launches on Optimism, Ethereum, and Solana, the roadmap includes expanding WCT's presence to additional blockchains. This multi-chain strategy aims to deepen integration and make the token usable across a wider ecosystem.

What this means: This is bullish for WCT because broader chain support increases its addressable market and utility, potentially driving demand from users on new networks. The risk is that overextension could dilute development focus or fragment liquidity.

3. Introduce Community Fee Proposals (2025–2026)

Overview: A major step toward decentralisation is activating the fee utility of WCT. The community will be able to propose, debate, and vote on implementing network usage fees, which would be paid in WCT, creating a sustainable economic model (Blockworks).

What this means: This is strongly bullish for WCT because it would establish a direct, recurring demand sink for the token, tying its value to network usage. The bearish risk is that governance disputes or user resistance could delay or weaken the fee model's implementation.

4. Enable Permissionless Node Operations (2025–2026)

Overview: The roadmap plans to transition network relay operations to a permissionless model. This would allow anyone to run a node, further decentralising the network's infrastructure and potentially opening new staking or reward mechanisms.

What this means: This is bullish for WCT as it enhances network resilience and censorship resistance, key values for Web3. It could also create new avenues for tokenholders to earn rewards. The execution risk lies in ensuring node performance and security in a decentralised environment.

Conclusion

WCT's roadmap focuses on proving utility through transparent metrics, expanding its reach, and activating its core economic functions via community governance. The transition from a functional protocol to a fee-generating, decentralised network is the key trajectory to watch. How effectively will the community govern these critical changes?

What is the latest update in WCT’s codebase?

TLDR

The latest public updates for WCT focus on ecosystem expansion rather than specific code commits.

  1. WalletConnect Pay Expansion (31 March 2026) – Broadened payment service support to a wider range of user wallets for easier onchain transactions.

  2. Multi-Chain Token Launch on Solana (23 May 2025) – Deployed WCT on Solana using Wormhole's framework, enabling cross-chain functionality and a 5M token airdrop.

  3. Governance & Utility Roadmap (3 June 2025) – Announced plans to activate new governance tools and improve staking mechanics for token holders.

Deep Dive

1. WalletConnect Pay Expansion (31 March 2026)

Overview: This update significantly expanded the WalletConnect Pay service, integrating it with a broader array of cryptocurrency wallets. For users, this means more choices and smoother payment experiences when using dApps that support WalletConnect Pay.

The announcement was made live at WalletCon Cannes 2026, highlighting new wallet partnerships. This expansion is a key step in scaling the WalletConnect Network's payment infrastructure, aiming to drive real transaction volume and fee revenue.

What this means: This is bullish for WCT because it directly supports the core economic flywheel of the network. More supported wallets lead to more users, which generates more transaction fees. These fees can then fund rewards for stakers and buybacks, potentially increasing the token's utility and value. (WalletConnect)

2. Multi-Chain Token Launch on Solana (23 May 2025)

Overview: This major technical update deployed the WCT token on the Solana blockchain, marking its transition to a chain-agnostic, multi-chain protocol. It utilized Wormhole's Native Token Transfers standard for seamless cross-chain operability.

The launch included a targeted airdrop of 5 million WCT to active Solana users, facilitated by partners like Phantom and Jupiter. This move leveraged Solana's high throughput and low costs to attract a new user base.

What this means: This is bullish for WCT because it dramatically increases the token's accessibility and potential user base. Being available on multiple major blockchains makes it more useful and liquid. The airdrop also incentivizes new users to engage with the WalletConnect ecosystem. (CoinMarketCap)

3. Governance & Utility Roadmap (3 June 2025)

Overview: In a community update, WalletConnect outlined its development priorities to deepen WCT's utility. Key focuses included activating new on-chain governance tools for token holders, launching token-based incentive campaigns, and improving staking mechanisms.

The network also stated its intent to attract more industry leaders as node operators and to expand WCT to additional blockchains. These plans are geared towards transitioning the token from a distribution phase to one driven by active utility and governance.

What this means: This is neutral to bullish for WCT, as it signals a committed development path. Enhancing governance gives holders direct influence, which can strengthen community loyalty. Improved staking and incentives could encourage users to hold and use the token, but the impact depends on successful execution. (OKX)

Conclusion

WalletConnect's recent trajectory emphasizes ecosystem growth—scaling its Pay service and achieving multi-chain presence—over public, granular codebase updates. The focus is now on activating the promised utility and governance around WCT to fuel its economic model. How quickly will user adoption and fee generation translate into tangible rewards for the community?

CMC AI can make mistakes. Not financial advice.