Latest WalletConnect Token (WCT) News Update

By CMC AI
02 September 2026 07:13AM (UTC+0)

What are people saying about WCT?

TLDR

The chatter around WCT is a tug-of-war between believers banking on its essential utility and skeptics eyeing its hefty locked supply. Here’s what’s trending:

  1. Bullish price targets – Many are eyeing a return to $1, citing past performance and growing adoption.

  2. Technical rebound watch – Analysts point to oversold RSI and key support levels for a potential short-term bounce.

  3. Cautious macro view – Some warn of high volatility and the overhang from the 1 billion token supply, urging careful math.

  4. Exchange momentum – Recent listings on Coinbase and expansion to Solana are seen as major adoption catalysts.

Deep Dive

1. @CoinbaseAssets: Major Exchange Listing Boosts Accessibility bullish

"WalletConnect Token (WCT) is now live on & in the Coinbase iOS & Android apps." – @CoinbaseAssets (272K followers · 14 August 2025 16:15 UTC) View original post What this means: This is bullish for WCT because a Coinbase listing dramatically increases its visibility, liquidity, and ease of access for retail and institutional investors, validating its legitimacy.

2. Community Analyst: Oversold Conditions Hint at 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 Post (18 August 2025 16:01 UTC) View original post What this means: This is bullish for WCT in the short term because extreme oversold readings often precede technical recoveries, with defined resistance levels providing clear targets for a rally.

3. Community Analyst: Long-Term $1 Target Amid Supply Caution mixed

"WCT has over 300% upside potential... but 90% of the supply isn't yet in circulation. In a bull market, it could have potential of up to $1 billion [market cap]." – CoinMarketCap Community Post (13 July 2025 13:12 UTC) View original post What this means: This presents a mixed outlook; the $1 price target is bullish, but the caution about future supply inflation is bearish, highlighting the token's high-risk, high-reward profile.

4. @WalletConnect: Ecosystem Growth and Solana Integration bullish

"WalletConnect is everywhere! - Largest community campaign yet: 425K $WCT in prizes... - 50K $WCT for top @solayer_labs users" – @WalletConnect (309K followers · 11 August 2025 13:00 UTC) View original post What this means: This is bullish for WCT because active ecosystem incentives and expansion onto high-throughput chains like Solana drive user engagement and increase the token's utility and demand.

Conclusion

The consensus on WCT is cautiously bullish, anchored by its proven utility as critical Web3 infrastructure but tempered by concerns over future token unlocks. The narrative is driven by exchange adoption, multi-chain expansion, and staking rewards, against the backdrop of its depressed price relative to its all-time high. Watch for a sustained break above the $0.3226 resistance level as a key signal for the short-term recovery thesis gaining traction.

What is the latest news on WCT?

TLDR

WCT's news paints a mixed picture of ecosystem expansion against market headwinds. Here are the latest updates:

  1. WalletConnect Pay Expands (31 March 2026) – Payment feature gains wider wallet support, boosting utility and user reach.

  2. KuCoin Delists WCT from Margin (29 May 2026) – Exchange removes cross-margin trading, potentially reducing liquidity and access.

  3. Updated Token Release Schedule (30 January 2026) – Project team provides clear, long-term supply roadmap up to 2028.

Deep Dive

1. WalletConnect Pay Expands (31 March 2026)

Overview: WalletConnect announced at WalletCon Cannes 2026 that its WalletConnect Pay feature is now supported across a broader range of wallets. This expansion aims to streamline onchain payments and improve the user experience for secure transactions. What this means: This is bullish for WCT because it directly increases the token's utility and integration within the ecosystem, potentially driving higher network usage and demand. Wider adoption of Pay could strengthen WalletConnect's position as a critical connectivity layer. (WalletConnect)

2. KuCoin Delists WCT from Margin (29 May 2026)

Overview: KuCoin announced the delisting of WCT from its Cross Margin Trading services, effective June 3, 2026. The exchange advised users to close positions and repay loans, with forced liquidations possible for non-compliance. What this means: This is bearish for WCT as it reduces immediate trading avenues and could signal diminished exchange support, potentially leading to lower liquidity and increased selling pressure from margin position unwinding. (KuCoin)

3. Updated Token Release Schedule (30 January 2026)

Overview: The WalletConnect team released a corrected month-end circulating supply schedule, projecting a linear increase from ~451.9 million WCT in August 2026 to the full 1 billion supply by November 2028. What this means: This is neutral but crucial for valuation, providing transparency that allows the market to price in predictable, long-term inflation of ~12.5 million new tokens monthly, which could dampen price appreciation if demand doesn't keep pace. (WalletConnect)

Conclusion

WCT is navigating a path between building utility through products like Pay and facing market realities like exchange delistings. Will growing adoption outpace the sell-pressure from its scheduled token unlocks?

What is next on WCT’s roadmap?

TLDR

WalletConnect's development continues with these milestones:

  1. Community Fee Proposals & Mechanism Design (2026–2027) – Governance process to introduce and structure network usage fees paid in WCT.

  2. Permissionless Node Operations & TVF Metrics (2026–2027) – Opening relay infrastructure to all and tracking total value facilitated on the network.

  3. Full DAO Transition & Council Governance (Long-term) – Gradual shift of administrative control from the Foundation to tokenholder-elected councils.

Deep Dive

1. Community Fee Proposals & Mechanism Design (2026–2027)

Overview: A key near-term initiative is the formal introduction of a fee model for using the WalletConnect Network. According to the project's documentation, the network currently operates without fees, but the community is expected to propose, discuss, and implement a fee structure as the ecosystem matures (WalletConnect). The proposed model is a Monthly Active User (MAU) fee for the connection service, with fees payable in WCT. This transition will be governed by WCT holders.

What this means: This is bullish for WCT because it would create a sustainable revenue model and direct utility demand for the token. However, it's neutral in the short term as the timeline is not fixed and depends on community consensus, introducing execution risk.

2. Permissionless Node Operations & TVF Metrics (2026–2027)

Overview: The roadmap includes launching permissionless node operations, allowing anyone to run relay infrastructure and earn rewards, thereby decentralizing the network's core. Alongside this, the team plans to launch Total Value Facilitated (TVF) metrics, a transparent dashboard tracking the billions in value moving through WalletConnect connections (Blockworks).

What this means: This is bullish for WCT because permissionless nodes would enhance network resilience and create a new staking/reward avenue for token holders. Public TVF metrics could demonstrate massive network utility, potentially driving adoption and valuation.

3. Full DAO Transition & Council Governance (Long-term)

Overview: The long-term vision involves a phased transition to a fully decentralized autonomous organization (DAO). The WalletConnect Foundation currently stewards growth, but specific councils (e.g., Technical, Partnerships) will gradually assume more responsibility. Ultimately, the DAO, governed by WCT holders, will manage budgets, council elections, and key protocol decisions (WalletConnect).

What this means: This is bullish for WCT because it would cement the token's role in protocol ownership and align the network's direction with its community. The risk is that the transition is complex and could take years, with potential for governance disputes.

Conclusion

WalletConnect's roadmap is strategically focused on evolving from a foundational utility into a self-sustaining, community-owned economic network through fee mechanisms, infrastructure decentralization, and progressive governance. How quickly will user adoption support the transition to a fee-generating model?

What is the latest update in WCT’s codebase?

TLDR

WalletConnect's latest developments focus on expanding its payment network and blockchain integrations.

  1. TokenPocket Supports WalletConnect Pay (6 August 2026) – Enables Solana users to make payments directly through the TokenPocket wallet.

  2. Sui Network Integration & WCT Transferability (April 2025) – Added support for the Sui blockchain and made the WCT token freely tradable.

  3. New Governance Tools & Incentive Plans (3 June 2025) – Announced upcoming features for token holders to vote and earn rewards.

Deep Dive

1. TokenPocket Supports WalletConnect Pay (6 August 2026)

Overview: TokenPocket wallet now integrates WalletConnect Pay for the Solana network. This lets users initiate and approve payments to dApps directly from their wallet, streamlining the checkout process.

The integration expands the reach of WalletConnect's payment rail, which is designed to generate real transaction fees. More supported wallets mean more potential payment volume flowing through the network, which is central to its economic model.

What this means: This is bullish for WCT because it makes the payment system more useful for everyday crypto spending. A larger network of supported wallets can lead to more transactions, which could increase the fees that fund rewards for WCT stakers and users. (WalletConnect)

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

Overview: WalletConnect added support for the Sui blockchain, allowing wallets and dApps on Sui to connect seamlessly. Concurrently, the WCT token was made transferable on-chain, moving it from a claimed state to a fully liquid and tradable asset.

This was a major technical step in the protocol's evolution from a product to a permissionless network. It required updates to support Sui's unique architecture and to enable the secure movement of WCT tokens.

What this means: This is bullish for WCT because it directly increases the token's utility and accessibility. Users can now freely trade WCT, and developers on a high-performance chain like Sui can build with WalletConnect, potentially driving new demand for the token's underlying services. (Kanalcoin)

3. New Governance Tools & Incentive Plans (3 June 2025)

Overview: The team announced a roadmap to activate on-chain governance tools for WCT holders and launch token-based incentive activities. This points to ongoing development work to decentralize control and reward community participation.

The plans included improving staking mechanisms, forming new partnerships, and expanding WCT's presence to more blockchains, indicating a commitment to continuous protocol upgrades and ecosystem growth.

What this means: This is neutral-to-bullish for WCT as it signals healthy development momentum. Future updates that give token holders direct voting power could strengthen the network's decentralization, while new incentive programs might encourage more people to hold and use WCT. (OKX)

Conclusion

WalletConnect's development trajectory is clearly oriented towards becoming a chain-agnostic infrastructure layer, with recent code-level work enabling new blockchain integrations, enhancing token utility, and laying the groundwork for community governance. How quickly will the activation of on-chain governance translate into tangible protocol upgrades driven by WCT holders?

CMC AI can make mistakes. Not financial advice.