Latest WalletConnect Token (WCT) News Update

By CMC AI
18 July 2026 02:48AM (UTC+0)

What are people saying about WCT?

TLDR

WCT's community is buzzing with cautious optimism, balancing its proven $1 potential against looming supply unlocks. Here’s what’s trending:

  1. Traders are eyeing a return to $1, citing the token's 300% upside potential from current levels.

  2. Technical analysis suggests WCT is oversold, with a rebound possible if it holds key support.

  3. Major ecosystem growth, including a Solana airdrop and Coinbase listing, is fueling bullish narratives.

  4. A cautious minority highlights the risk from the large, locked token supply and high volatility.

Deep Dive

1. @CoinbaseAssets: WCT added to Coinbase roadmap bullish

"Assets added to the roadmap today: WalletConnect Token (WCT)" – @CoinbaseAssets (274K followers · 14 August 2025 04:15 PM UTC) View original post What this means: This is bullish for WCT because a roadmap addition from a major exchange like Coinbase signals serious evaluation for a future spot listing, which typically drives significant investor attention and liquidity.

2. Community Post: Technical outlook points to oversold 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." – Community Post (18 August 2025 04:01 PM UTC) View original post What this means: This is bullish for WCT because an oversold RSI reading often precedes a short-term price correction upward, suggesting selling pressure may be exhausting near the $0.31 support level.

3. Community Post: Community targets $1 return, cites 300% upside bullish

"WCT has over 300% upside potential. We wouldn't be surprised if $WCT... surges to $1." – Community Post (1 August 2025 06:47 PM UTC) View original post What this means: This is bullish for WCT as it reflects strong retail conviction based on the token's history of reaching above $1 post-listing, framing the current ~$0.30 price as a deep discount with high return potential.

4. Community Post: Analyst cautions on supply inflation risk bearish

"Over 80% of the supply is still locked... That’s a huge unlock hanging over us... can the adoption grow faster than the inflation?" – Community Post (20 July 2025 04:46 AM UTC) View original post What this means: This is bearish for WCT because it highlights a fundamental supply-side risk; with only 18.6% of the 1 billion token supply circulating, future unlocks could create significant sell pressure if demand doesn't keep pace.

Conclusion

The consensus on WCT is mixed but leans bullish. Enthusiasm is driven by its foundational utility, exchange support, and vivid memory of its $1+ price, yet tempered by rational concerns over future token supply releases. Watch for a sustained break above the $0.3386 resistance level as a key signal for the bullish narrative gaining strength.

What is the latest news on WCT?

TLDR

WCT faces exchange headwinds but continues expanding its core protocol. Here are the latest news:

  1. KuCoin Delists WCT from Margin Trading (29 May 2026) – The exchange removed cross-margin services, reducing leverage options and liquidity access for traders.

  2. WalletConnect Pay Expands to More Wallets (31 March 2026) – The payment feature broadened its support, enhancing utility and onchain payment potential.

  3. Significant Token Unlock Adds to Circulating Supply (25 November 2025) – A release of 10.06 million WCT valued at $11.6 million introduced potential sell pressure.

Deep Dive

1. KuCoin Delists WCT from Margin Trading (29 May 2026)

Overview: KuCoin announced the delisting of WalletConnect Token from its Cross Margin Trading services, effective 3 June 2026. The move required users to close positions and repay loans, with the system initiating forced liquidations for non-compliance. This follows a broader trend of exchanges streamlining margin offerings. What this means: This is bearish for WCT in the short term because it reduces immediate trading avenues and leverage, potentially thinning liquidity and signaling reduced exchange support. However, it may have limited long-term impact if the token's fundamental utility grows elsewhere. (KuCoin)

2. WalletConnect Pay Expands to More Wallets (31 March 2026)

Overview: At WalletCon Cannes 2026, WalletConnect announced a significant expansion of its WalletConnect Pay feature, adding support across a wider range of wallets. This aims to streamline onchain payments and improve user experience. What this means: This is bullish for WCT because it directly increases the token's ecosystem utility and use-case potential. Broader adoption of the payment layer could drive more network activity and demand for WCT over time. (WalletConnect)

3. Significant Token Unlock Adds to Circulating Supply (25 November 2025)

Overview: Data from Token Unlocks showed WCT underwent a one-time unlock of approximately 10.06 million tokens, representing 10.07% of its total supply and worth about $11.6 million at the time. What this means: This event was neutral to bearish for WCT as it increased the circulating supply, creating potential sell pressure if recipients chose to liquidate. Such unlocks test market absorption and can dampen price momentum in the near term. (BlockBeats)

Conclusion

WCT's trajectory is a tug-of-war between exchange-related setbacks and steady protocol development. Will growing utility from features like WalletConnect Pay outpace the headwinds from reduced exchange support?

What is the latest update in WCT’s codebase?

TLDR

I couldn't find useful data to address this question. The CoinMarketCap team is steadily expanding my crypto knowledge base, so if any important information emerges, I expect to have it shortly. In the meantime, feel free to select another question or coin for analysis.

What is next on WCT’s roadmap?

TLDR

I couldn’t find useful data to address this question. The CoinMarketCap team is steadily expanding my crypto knowledge base, so if any important information emerges, I expect to have it shortly. In the meantime, feel free to select another question or coin for analysis.

CMC AI can make mistakes. Not financial advice.