Latest WalletConnect Token (WCT) News Update

Deep Dive

1. @Adanigj: Noting a sharp 31.1% price surge on Coinbase bullish

"WalletConnect Token (WCT) went up 31.1 percent in the last 24 hours on Coinbase." – @Adanigj (1,455 followers · Impressions not specified · 2025-12-30 11:58 UTC) View original post What this means: This is a bullish signal for WCT as it indicates a sudden, significant spike in buying pressure and attention on a major exchange, though the event is from December 2025.

2. Community Analyst: Cautious on long-term viability due to token supply 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 from 20 July 2025 View original post What this means: This is a mixed to cautious signal for WCT because it acknowledges strong utility and partnerships but warns that future token unlocks could create significant sell pressure if demand doesn't keep pace.

3. Community Trader: Watching for a rebound from oversold levels bullish

"RSI (28.83) is in the oversold region, suggesting a potential rebound is forming... If WCT holds above $0.3100... a push toward $0.3386 is possible." – Community post from 18 August 2025 View original post What this means: This is bullish for WCT in the short term, as it identifies a specific technical setup where historically oversold conditions could lead to a price recovery, provided key support levels hold.

Conclusion

The consensus on WCT from mid-2025 was cautiously optimistic but acutely aware of risks. The dominant narrative combined hope for a return to $1—fueled by its essential Web3 infrastructure role—with serious concerns over its large locked supply creating future dilution. Today, with the live price at $0.0445, these old discussions highlight a stark contrast between past expectations and current reality. Watch for any updates on token unlock schedules, as this remains the critical variable for supply-side 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 automatic liquidation procedures for non-compliance. This move reduces WCT's accessibility for leveraged trading on a major platform. What this means: This is bearish for WCT because it limits sophisticated trading strategies, potentially reducing trading volume and liquidity on KuCoin. It may signal diminished exchange support or reflect risk management changes, adding a headwind to price discovery. (KuCoin)

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

Overview: WalletConnect announced at WalletCon Cannes 2026 that its payment feature, WalletConnect Pay, is now supported across a wider range of wallets. This expansion aims to streamline on-chain payments and improve user experience by integrating directly into more wallet interfaces. What this means: This is bullish for WCT as it enhances the token's underlying utility and ecosystem reach. Broader payment integration can drive more network activity and usage, potentially increasing demand for WCT's governance and fee-related functions over the long term. (WalletConnect)

Conclusion

WCT faces near-term headwinds from reduced exchange support but continues to build long-term utility through ecosystem expansion. Will growing product adoption outweigh the impact of the recent margin trading delisting?

Deep Dive

1. Launch Total Value Facilitated Metrics (2025–2026)

Overview: A key upcoming initiative is the public launch of Total Value Facilitated (TVF) metrics. This dashboard will transparently track the billions in value moving through the WalletConnect Network, providing real-time data on transaction volume and user activity (Blockworks).

What this means: This is bullish for WCT because transparent, high-value metrics could strengthen investor confidence and showcase the network's critical infrastructure role. However, it's neutral in the short term as the impact depends on whether the data meets or exceeds market expectations.

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

Overview: The roadmap includes expanding WCT's presence beyond Ethereum, Optimism, and Solana to additional blockchains. This multi-chain strategy aims to enhance token utility and composability across the broader Web3 ecosystem (Blockworks).

What this means: This is bullish for WCT because broader chain integration directly increases the token's addressable market and use cases for fees and staking. A key risk is execution delay or dilution of focus if expansion is too rapid.

3. Introduce Community Fee Proposals (2025–2026)

Overview: A major step toward decentralization is the introduction of community-driven fee proposals and mechanism design. Token holders will govern the implementation of network fees, likely based on a Monthly Active User (MAU) model, which are expected to be paid in WCT (WalletConnect Blog).

What this means: This is bullish for WCT because it activates a core utility, creating a sustainable revenue sink and demand driver for the token. The bearish angle is the timeline uncertainty, as fees will only be introduced once the community deems the network mature enough.

4. Enable Permissionless Node Operations (2025–2026)

Overview: The roadmap aims to transition the network's relay infrastructure to a permissionless model, allowing anyone to run a node. This is foundational for achieving full decentralization and censorship resistance (Blockworks).

What this means: This is bullish for WCT because a more robust and decentralized network enhances its value as foundational infrastructure. It could also tie into staking rewards for node operators. The risk is technical complexity potentially causing delays.

Conclusion

WalletConnect's roadmap focuses on decentralizing governance, expanding multi-chain utility, and proving network value through transparency. The successful activation of fee mechanisms will be the most critical catalyst for transforming WCT from a governance token to a revenue-accruing asset. How quickly can the community reach consensus to turn on network fees?

Deep Dive

1. WalletConnect Pay Expansion (31 March 2026)

Overview: This update significantly expanded the number of wallets that support the WalletConnect Pay feature. For users, this means more choices and a smoother, more familiar checkout process when making purchases directly from decentralized apps.

The update was announced live at WalletCon Cannes 2026, highlighting a major push to make on-chain payments more accessible. By integrating with a wider range of popular wallets, the protocol reduces friction at the point of sale, which is critical for driving real-world adoption of crypto payments.

What this means: This is bullish for WCT because a more usable payment network can drive higher transaction volume. More transactions generate more fee revenue, which ultimately funds the rewards and buybacks that benefit WCT stakers and holders. (WalletConnect)

2. TON Network Integration (26 March 2026)

Overview: This integration brought WalletConnect's secure connection protocol to The Open Network (TON) ecosystem. It allows users of TON-based apps and wallets to connect seamlessly with a single, secure integration.

The technical improvement provides "one integration that works across wallets & apps," simplifying development for builders and creating a more consistent experience for users. Early adopters included major TON projects like STON.fi and Dedust.

What this means: This is bullish for WCT because it expands the protocol's reach to a large and growing blockchain ecosystem. More users and developers across different chains increase the network's overall utility and value, which should positively impact the token underpinning it. (WalletConnect)

3. Governance & Incentive Roadmap (3 June 2025)

Overview: This announcement outlined plans for future codebase and ecosystem development, focusing on activating governance tools and launching new token-based incentive activities for WCT holders.

While not a code commit itself, it signaled a clear development direction toward greater decentralization. The plans included improving staking mechanisms, forming new partnerships, and expanding WCT's presence to more blockchains, all subject to community governance.

What this means: This is neutral-to-bullish for WCT as it sets a clear trajectory for enhancing token utility. The success of these plans depends on their execution and adoption, but they aim to directly involve the community in the network's future, which can strengthen long-term holder commitment. (OKX)

Conclusion

WalletConnect's recent updates emphasize ecosystem expansion and user experience over visible codebase changes, strategically positioning its token for utility-driven growth. Will the focus on payments and multi-chain integration translate into sustained network activity and fee generation for WCT holders?