Latest WalletConnect Token (WCT) News Update

By CMC AI
06 August 2026 01:23PM (UTC+0)

What is the latest news on WCT?

TLDR

WCT's recent news is a mix of a major exchange reducing support and a clear long-term supply schedule. Here are the latest developments:

  1. KuCoin Delists WCT from Margin (29 May 2026) – Removal of cross margin trading reduces leverage options and could pressure short-term liquidity.

  2. Project Publishes Detailed Supply Schedule (30 January 2026) – A clear, multi-year unlock plan provides transparency but indicates ongoing inflation.

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.

What are people saying about WCT?

TLDR

The chatter around WCT is a tug-of-war between believers eyeing a dollar and skeptics wary of a looming supply glut. Here’s what’s trending:

  1. A prominent community analyst is bullish, targeting $1 based on WalletConnect's widespread adoption and past performance.

  2. A cautious trader highlights the major risk of future token unlocks, with over 80% of supply still to enter circulation.

  3. Technical traders are watching for a breakout above $0.3340, citing bullish momentum and key support at $0.3150.

Deep Dive

1. @CoinbaseAssets: WCT Goes Live on Coinbase bullish

"WalletConnect Token (WCT) is now live on & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets." – @CoinbaseAssets (273K 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 liquidity, accessibility, and credibility, often acting as a catalyst for increased trading volume and price discovery.

2. Community Analyst: Weighing High Potential Against Supply Inflation 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 Post (20 July 2025 04:46 AM UTC) View original post What this means: This presents a mixed to cautious outlook because while the project's utility is recognized, the massive future supply unlock poses a persistent overhang risk that could dampen price appreciation if demand doesn't keep pace.

3. Technical Trader: Eyeing a Breakout Above Key Resistance bullish

"WCT is consolidating between $0.315–0.334 after its pullback from $0.3878... If WCT holds above $0.3150 support and breaks $0.3340 resistance with volume, the price may attempt a run toward $0.3530–$0.3870." – Community Post (16 August 2025 06:33 AM UTC) View original post What this means: This is bullish for WCT's short-term trajectory, as the analysis identifies a clear consolidation zone and a path for upward momentum, providing traders with specific levels to gauge buyer conviction.

Conclusion

The consensus on WCT is mixed, balancing strong foundational utility and exchange adoption against the formidable headwind of future token supply inflation. The key theme is a battle between long-term infrastructure value and short-term dilution risk. Watch the $0.3150 support level; a sustained hold could fuel the next leg up, while a break below may validate the bearish supply narrative.

What is next on WCT’s roadmap?

TLDR

WalletConnect's development continues with these milestones:

  1. Multi-Chain Expansion (Ongoing) – Extending WCT utility and connectivity to additional blockchain networks beyond Ethereum and Solana.

  2. Community Fee Implementation (Planned) – Introducing network usage fees paid in WCT, subject to future governance approval.

  3. DAO Transition & Enhanced Governance (Planned) – Gradually shifting control to tokenholders through a decentralized autonomous organization structure.

  4. Smart Sessions Rollout (Ongoing) – Enabling automated onchain actions to improve user experience and drive transaction volume.

Deep Dive

1. Multi-Chain Expansion (Ongoing)

Overview: A core strategic initiative is expanding the WalletConnect protocol and WCT token's presence to more blockchains. This follows successful integrations on Optimism, Ethereum, Solana (WalletConnect), and TON. The goal is to become a chain-agnostic connectivity standard, enhancing liquidity and utility for WCT across the entire onchain economy. The timeline is ongoing, with new chain integrations announced periodically.

What this means: This is bullish for WCT because broader chain support directly increases the token's addressable market and utility base. It could drive higher demand from users and developers across ecosystems, potentially supporting price through increased network activity. The risk is execution delay or low adoption on new chains.

2. Community Fee Implementation (Planned)

Overview: The network's long-term economic model involves introducing fees for relay services, likely based on a Monthly Active User (MAU) model, to be paid in WCT (WalletConnect Pay). This is not yet active; the WalletConnect Foundation states the community will propose and decide on the fee structure through governance once the ecosystem reaches an appropriate stage of maturity. There is no fixed timeline.

What this means: This is bullish for WCT because implementing a fee model would create a direct, recurring utility demand for the token, tying its value to network usage. However, it is bearish in the near term due to uncertainty, as the timeline depends on community consensus and network maturity, which could take significant time.

3. DAO Transition & Enhanced Governance (Planned)

Overview: The roadmap involves a phased transition to a decentralized governance model where WCT tokenholders gain increasing control over the network via a DAO (WalletConnect Pay). This includes establishing councils (e.g., Technical, Partnerships) and eventually having the DAO manage administration, budgets, and elections. The process is gradual, with full decentralization being a long-term goal.

What this means: This is bullish for WCT because it enhances the token's governance utility, potentially attracting long-term holders seeking influence. It aligns with web3 values and could improve protocol resilience. The risk is that the transition is slow and complex, possibly delaying other upgrades.

4. Smart Sessions Rollout (Ongoing)

Overview: WalletConnect is developing "Smart Sessions," a feature that allows users to grant secure permissions for apps or AI agents to perform automated onchain actions on their behalf (Blockworks). This aims to reduce wallet pop-ups and improve mobile UX, which could significantly increase transaction volume through the network.

What this means: This is bullish for WCT because higher transaction volume facilitated by Smart Sessions could increase the future fee revenue potential for the network, thereby boosting the token's utility value. Successful adoption would demonstrate product innovation and strengthen WalletConnect's market position.

Conclusion

WalletConnect's roadmap focuses on cementing its role as essential multi-chain infrastructure by expanding utility, decentralizing governance, and innovating user experience. The key drivers for WCT's value will be the activation of fee mechanisms and the success of its multi-chain strategy. How quickly can the community align to activate WCT's core economic utilities?

What is the latest update in WCT’s codebase?

TLDR

WalletConnect's recent development focuses on enhancing automation and expanding its multi-chain infrastructure.

  1. Smart Sessions for Automated Actions (June 2025) – Introduces AI-driven sessions that allow apps to perform secure, pre-approved transactions on a user's behalf.

  2. WCT Transferability & Sui Network Integration (April 2025) – Enabled the WCT token to be traded on-chain and expanded connectivity to the Sui blockchain.

  3. New Governance Tools Activation (June 2025) – Launched updated governance mechanisms for WCT holders to vote on network proposals.

Deep Dive

1. Smart Sessions for Automated Actions (June 2025)

Overview: This feature lets users grant secure permissions to apps or AI agents, allowing them to execute transactions automatically. It reduces the need for constant wallet pop-up approvals, streamlining the user experience for recurring or complex actions.

The update introduces "Smart Sessions," which use automated onchain actions. This means applications can perform tasks like recurring payments or DeFi operations without requiring manual confirmation for every step, provided the user sets up the session initially.

What this means: This is bullish for WCT because it makes using dApps significantly smoother and less intrusive, especially on mobile. It could drive higher transaction volume through the WalletConnect network, increasing the utility and demand for the WCT token that powers it.

(Blockworks)

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

Overview: This core protocol update made the WCT token fully transferable on-chain, a key step toward functional decentralized governance. Concurrently, the team integrated the Sui blockchain, broadening the network's reach.

The change involved enabling the token's native transfer function, moving it from a claim-only asset to a liquid one. The Sui integration required protocol-level updates to support the network's unique architecture.

What this means: This is bullish for WCT because transferability unlocks real economic activity, allowing trading, staking, and use in DeFi. Adding Sui attracts a new ecosystem of users and developers, expanding the network's total addressable market and potential fee revenue.

(Kanalcoin)

3. New Governance Tools Activation (June 2025)

Overview: WalletConnect activated enhanced governance tools, giving WCT stakers more direct control over network development and parameter changes through a decentralized voting process.

This update likely involved deploying and upgrading smart contracts that manage proposal creation, voting, and execution. It shifts more control from the foundation to the community of token holders.

What this means: This is neutral-to-bullish for WCT because it decentralizes control, aligning with Web3 principles and potentially making the network more resilient. Effective governance can lead to better decision-making, but it also places responsibility on the community to actively participate.

(OKX)

Conclusion

WalletConnect's development trajectory is clearly aimed at boosting utility through automation, liquidity, and community governance. Will the adoption of Smart Sessions be the key driver for the next wave of network growth?

CMC AI can make mistakes. Not financial advice.