Latest WalletConnect Token (WCT) News Update

Deep Dive

1. @CoinMarketCap: Oversold RSI suggests a near-term 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." – CoinMarketCap Community (Published 18 August 2025 04:01 PM UTC+0) View original post What this means: This is bullish for WCT in the short term because an oversold RSI often precedes a technical bounce, with a clear resistance level at $0.3386 acting as a near-term target for traders.

2. CoinMarketCap Community: Caution over 80% locked supply and high FDV 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?" – CoinMarketCap Community (Published 20 July 2025 04:46 AM UTC+0) View original post What this means: This is bearish for WCT because it highlights a major overhang of future token supply that could dilute value if demand doesn't keep pace, making the current price potentially vulnerable.

3. KuCoin: Exchange delists WCT from Cross Margin Trading bearish

"KuCoin will delist Cross Margin Trading services for... WCT... Users are strongly advised to cancel open orders, close positions, repay loans, and transfer the affected tokens..." – KuCoin (Published 29 May 2026 12:00 AM UTC+0) View original post What this means: This is bearish for WCT because the removal of leverage trading on a major exchange reduces liquidity and institutional trading avenues, often reflecting lower platform confidence or regulatory scrutiny.

Conclusion

The consensus on WCT is mixed but leans cautious. While its fundamental utility as a critical Web3 bridge is widely acknowledged, current discussions are dominated by bearish concerns over token supply inflation and diminishing exchange support. The key metric to watch is the upcoming token unlock schedule, as the release of over 80% of the total supply will be the ultimate test of market demand versus inflationary pressure.

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 before the deadline, 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 a neutral-to-bearish development for WCT because it limits speculative trading options and could temporarily reduce liquidity and trading volume on KuCoin. However, it does not affect spot trading, and the impact may be contained if demand shifts to other exchanges. (KuCoin)

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

Overview: The WalletConnect team released a corrected and detailed month-end schedule for WCT's maximum circulating supply, extending from January 2026 through November 2028. The schedule shows a steady increase from approximately 334.7 million to the full 1 billion token supply over 35 months.

What this means: This is a neutral piece of news that provides crucial long-term clarity. The predictable, linear unlock schedule allows the market to price in future supply inflation, reducing the potential for surprise sell-pressure from large, unexpected token releases. (WalletConnect Foundation)

Conclusion

WCT's path is currently defined by reduced margin trading access on one exchange against a backdrop of predictable, long-term token supply growth. Will the project's ongoing utility development and multi-chain expansion be enough to absorb the scheduled new supply and sustain investor interest?

Deep Dive

1. Launch Total Value Facilitated Metrics (2025)

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

What this means: This is bullish for WCT because it creates a verifiable, on-chain metric for network demand, potentially attracting more developers and institutional users. Increased transparency could strengthen investor confidence in the token's underlying utility.

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

Overview: The roadmap includes expanding WCT's presence to additional blockchains, building on its existing deployments on Optimism, Ethereum, and Solana (Blockworks). This chain-agnostic strategy aims to deepen integration across the Web3 ecosystem.

What this means: This is bullish for WCT because broader chain support increases the token's addressable market and utility, driving adoption from apps and wallets on new networks. However, execution risk exists if integration complexity delays timelines or dilutes development focus.

3. Introduce Community Fee Proposals (2025–2026)

Overview: A major step toward decentralization is activating network fees through community governance. WCT holders will propose, debate, and vote on fee models (e.g., a Monthly Active User fee for the relay service), with fees payable in WCT.

What this means: This is critically bullish for WCT because it would create a sustainable revenue model and direct utility demand for the token. The transition to a fee-generating network could fundamentally revalue WCT, though the timeline depends on achieving community consensus.

4. Enable Permissionless Node Operations (2026)

Overview: The long-term vision involves decentralizing the network's infrastructure by enabling permissionless node operations (Blockworks). This would allow anyone to run a relay node, earning rewards and strengthening network resilience.

What this means: This is neutral-to-bullish for WCT. It completes the shift to a fully decentralized protocol, which could enhance security and appeal to purists. The associated staking rewards may increase token demand, but the technical complexity poses a delivery risk.

Conclusion

WalletConnect's roadmap focuses on decentralizing governance, expanding utility, and proving network value through transparent metrics. The key catalyst is the activation of fee mechanisms, which could transform WCT from a governance token into a revenue-accruing asset. Will growing adoption outpace the inflationary pressure from the remaining 81% of locked supply?

Deep Dive

1. Full Token Transferability (15 April 2025)

Overview: This was a fundamental upgrade to the WCT smart contract, changing the token from non-transferable to fully transferable. It allows holders to freely send tokens to other wallets or list them on exchanges.

The update marked a shift from a controlled, ecosystem-focused launch phase to an open, liquid market. Previously, tokens were locked within the WalletConnect network for governance and staking only. The change was enacted through community governance, aligning with the project's decentralized principles.

What this means: This is bullish for WCT because it unlocks the token's full economic potential. Users can now trade it freely, which attracts more investors and increases overall market activity and liquidity for the ecosystem. (WalletConnect Docs)

2. Governance & Staking Roadmap (3 June 2025)

Overview: This announcement outlined planned technical improvements to the protocol's governance and staking systems, though specific code commits were not detailed.

The plans focus on enhancing the utility of the WCT token by giving holders more direct control over the network's future development and improving reward mechanisms for those who stake their tokens.

What this means: This is neutral-to-bullish for WCT as it signals ongoing development. If successfully implemented, it could lead to a more engaged and secure network, potentially increasing the token's long-term value for participants. (OKX)

Conclusion

WalletConnect's development is progressing from foundational token utility unlocks toward enhanced community governance. The enabling of transferability was a critical technical step that opened the door to broader market participation. How will the planned governance upgrades further decentralize control and incentivize network participation?