Latest WalletConnect Token (WCT) News Update

By CMC AI
30 July 2026 10:46AM (UTC+0)

What is the latest news on WCT?

TLDR

WCT faces near-term headwinds from exchange delisting but continues its multi-chain expansion. Here are the latest updates:

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

  2. Project Publishes Detailed Token Release Schedule (30 January 2026) – A transparent, multi-year vesting plan aims to manage inflation expectations.

  3. WalletConnect Launches WCT on Solana with Airdrop (24 May 2025) – Strategic expansion to a high-throughput chain to boost utility and user adoption.

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 will close all margin positions and loans for WCT, transferring assets to users' main accounts. This follows similar delistings for other tokens like AEVO and ANIME, part of a broader risk management review. What this means: This is bearish for WCT in the near term because it removes a key leverage facility, potentially reducing trading volume and liquidity on a major exchange. It may signal increased regulatory scrutiny or a reassessment of the token's risk profile by the platform. (KuCoin)

2. Project Publishes Detailed Token Release Schedule (30 January 2026)

Overview: The WalletConnect Foundation released a revised monthly token release schedule from January 2026 through November 2028. It forecasts the circulating supply to grow from ~434 million to 1 billion WCT, providing maximum possible supply figures each month-end to improve transparency. What this means: This is neutral to slightly bullish for long-term price stability. While the schedule confirms significant future supply inflation, its predictability allows the market to price in dilution gradually. It demonstrates project accountability, which can build investor confidence over time. (WalletConnect Foundation)

3. WalletConnect Launches WCT on Solana with Airdrop (24 May 2025)

Overview: WalletConnect expanded its protocol to the Solana blockchain, distributing 5 million WCT tokens to active Solana users via an airdrop. This integration, facilitated by Wormhole, marked WCT's evolution into a multi-chain asset following earlier deployments on Ethereum and Optimism. What this means: This was a bullish development for ecosystem growth. Expanding to Solana tapped into a large, active user base, increasing the token's potential utility and visibility. Airdrops incentivize engagement and can drive network effects, though the immediate price impact often depends on broader market conditions. (CoinMarketCap)

Conclusion

WCT's trajectory is a tale of two timelines: near-term exchange support is waning, but its foundational utility as a multi-chain connectivity layer continues to grow. Will rising circulating supply be offset by increased adoption from expansions like Solana?

What are people saying about WCT?

TLDR

WCT chatter mixes cautious optimism for a rebound with respect for its foundational Web3 role. Here’s what’s trending:

  1. Technical traders are eyeing a breakout above $0.3878 for a potential rally.

  2. The community is buzzing with bullish calls for WCT to reclaim the $1 level.

  3. Official channels highlight major ecosystem growth, like the expansion of WalletConnect Pay.

Deep Dive

1. @WalletConnect: Ecosystem Expansion and Pay Integration bullish

"WalletConnect Pay just got a lot BIGGER... now supported across a range of wallets." – @WalletConnect (311.5K followers · 31 March 2026 09:30 UTC) View original post What this means: This is bullish for WCT because the expansion of WalletConnect Pay to more wallets directly increases the utility and potential transaction volume flowing through the network, which could enhance demand for the WCT token over time.

2. Community Analysis: Technical Breakout Watch 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, which could trigger a rally toward $0.3878 or higher." – Community Post (14 August 2025 02:56 AM UTC) View original post What this means: This presents a mixed outlook for WCT; a confirmed breakout could signal strong buying momentum, while failure to hold support near $0.3430 may lead to further downside, reflecting the token's current high volatility and indecision.

3. Community Sentiment: Bullish Calls for a $1 Return bullish

"Will Wallet Connect's success propel the $WCT token back to $1?... WCT has over 300% upside potential." – Community Post (1 August 2025 06:47 PM UTC) View original post What this means: This is bullish for WCT as it reflects strong community belief in the token's fundamental value based on WalletConnect's widespread adoption, though it hinges on a broader market recovery to fuel such a significant rally.

Conclusion

The consensus on WCT is cautiously bullish, balancing its proven utility as critical Web3 infrastructure with the reality of its recent volatile price action. Traders are watching for a technical breakout, while long-term holders are anchored by the project's growth and the prospect of reclaiming previous highs. Watch for sustained trading volume above $0.3878 to confirm the next leg up.

What is the latest update in WCT’s codebase?

TLDR

Recent WalletConnect Token updates focus on ecosystem expansion rather than core protocol code changes.

  1. WalletConnect Pay Expansion (31 March 2026) – Broadened payment service support across more wallets, announced at WalletCon Cannes.

  2. Governance & Incentive Roadmap (3 June 2025) – Announced plans to activate governance tools and launch new token-based incentive programs.

  3. Solana Network Integration (23 May 2025) – Launched WCT token on Solana, marking a strategic shift to a multi-chain protocol.

Deep Dive

1. WalletConnect Pay Expansion (31 March 2026)

Overview: WalletConnect announced a significant expansion of its WalletConnect Pay service, making it compatible with a wider range of cryptocurrency wallets. This update enhances the user experience by providing more options for making on-chain payments directly from their preferred wallet interface.

The expansion was unveiled live at WalletCon Cannes 2026, indicating a focus on growing the utility and adoption of the payment layer within the WalletConnect ecosystem. While this is a product-level update, it relies on underlying protocol integrations and smart contracts that would have required backend development.

What this means: This is bullish for WCT because it directly increases the token's utility by expanding the reach of its flagship payment service. More wallet integrations mean more potential users and transaction volume, which could drive demand for WCT used within the payment network's reward and fee mechanisms. (WalletConnect)

2. Governance & Incentive Roadmap (3 June 2025)

Overview: The WalletConnect team outlined a development roadmap focused on activating decentralized governance for WCT holders. This includes building tools for community voting on proposals and launching new incentive activities tied to token participation, such as improved staking mechanisms.

This announcement represents a planned evolution of the protocol's functionality, shifting control to the community and aiming to boost long-term engagement by tying rewards directly to network participation and growth.

What this means: This is neutral-to-bullish for WCT as it lays the groundwork for the token's core governance utility. Successful implementation would give holders direct influence over the network's future, potentially increasing its perceived value and stability, though the impact depends on future execution. (OKX)

3. Solana Network Integration (23 May 2025)

Overview: WalletConnect executed a major technical integration by deploying its WCT token on the Solana blockchain. This required cross-chain infrastructure, likely using Wormhole's framework, to enable seamless operability and marked a strategic move away from an Ethereum-centric model.

This integration enhanced liquidity and composability for WCT, allowing it to function within the high-throughput Solana ecosystem and its associated applications like Phantom and Jupiter.

What this means: This is bullish for WCT because it significantly broadens the token's accessibility and use cases. By becoming a multi-chain asset, WCT taps into a new user base and developer community, reducing ecosystem dependency and potentially increasing overall demand and network effects. (CoinMarketCap)

Conclusion

The latest developments show WalletConnect is prioritizing ecosystem growth—expanding its payment service, preparing for community governance, and achieving multi-chain presence—over public, low-level codebase alterations. This suggests a maturation phase where the core protocol is stable, and effort is directed towards adoption and utility layers. How quickly will the planned governance tools materialize to activate the token's full potential?

What is next on WCT’s roadmap?

TLDR

WalletConnect's development continues with these milestones:

  1. Launch Total Value Facilitated Metrics (2025) – Public dashboard to track the billions in value moving through the network annually.

  2. Expand WCT to More Blockchains (Ongoing) – Strategic multi-chain expansion to increase utility and accessibility beyond Ethereum and Solana.

  3. Introduce Community Fee Proposals (2025+) – Governance process to decide on and implement network fee structures using WCT.

Deep Dive

1. Launch Total Value Facilitated Metrics (2025)

Overview: A key upcoming initiative is the public launch of Total Value Facilitated (TVF) metrics. This dashboard will quantify the billions of dollars in transaction value that flow through the WalletConnect network each year, covering DeFi, payments, and institutional flows. It aims to provide transparent, real-time data on network adoption and economic activity.

What this means: This is bullish for WCT because it creates a transparent, verifiable metric for network utility, which could attract more developers and institutional users. Increased transparency often builds trust and can drive greater adoption of the underlying token.

2. Expand WCT to More Blockchains (Ongoing)

Overview: The roadmap emphasizes continued multi-chain expansion. Following its launches on Optimism, Ethereum, and Solana, WalletConnect plans to integrate WCT with additional blockchain ecosystems (Blockworks). This strategy enhances interoperability and makes the token usable across a wider range of dApps and wallets.

What this means: This is bullish for WCT because expanding to new chains directly increases the token's addressable market and utility. It reduces ecosystem-specific risk and positions WCT as a chain-agnostic standard for wallet connectivity.

3. Introduce Community Fee Proposals (2025+)

Overview: A critical step toward decentralization is implementing a community-driven fee model. The roadmap includes introducing governance proposals for network fee mechanisms, where fees for relay services would eventually be paid in WCT (WalletConnect). The timeline is not fixed and depends on ecosystem maturity.

What this means: This is fundamentally bullish for WCT because it would create a sustainable, demand-driven use case for the token, tying its value directly to network usage. The risk is that delays in implementation could prolong the current lack of core utility.

Conclusion

WalletConnect's trajectory is firmly focused on decentralizing its infrastructure, proving its economic value via TVF metrics, and expanding its cross-chain reach to cement WCT's utility. How will the community balance the timing of fee introduction with the need for sustainable tokenomics?

CMC AI can make mistakes. Not financial advice.