Latest WalletConnect Token (WCT) News Update

Deep Dive

1. Monthly Token Supply Unlocks (2026–2028)

Overview: According to the project's official release schedule, the circulating supply of WCT is set to increase systematically through 2028 (WalletConnect). The schedule estimates the supply will rise from ~400 million in May 2026 to over 524 million by December 2026, ultimately reaching the 1 billion cap by November 2028. These unlocks are tied to allocations for team, backers, foundation, and reward programs.

What this means: This is a neutral-to-bearish factor for WCT's price in the short term because it introduces consistent selling pressure from newly liquid tokens. However, it's bullish for long-term decentralization as it distributes tokens to core contributors and the community, aligning incentives for network growth.

2. Community Fee Proposals & Mechanism Design (Near-term)

Overview: A key upcoming governance initiative is the introduction of a fee structure for network services, such as relay usage, payable in WCT. The project's documentation states the community will "propose, discuss, and decide upon the introduction of fees through governance mechanisms" (WalletConnect). The proposed model is a Monthly Active User (MAU) fee.

What this means: This is bullish for WCT because it would create a direct, recurring utility demand for the token, moving beyond speculative use. The risk is that implementation timing depends on community consensus and network maturity, which could delay this value accrual mechanism.

3. Expansion to Additional Blockchain Networks (Ongoing)

Overview: Following its launches on Optimism, Ethereum, and Solana, WalletConnect's roadmap includes expanding WCT to more chains. A June 2025 update listed "expanding $WCT to more blockchains" as a planned initiative (Blockworks). This multi-chain strategy aims to cement its role as the universal connectivity layer.

What this means: This is bullish for WCT as it broadens the token's addressable market and utility across different ecosystems, potentially driving adoption from new wallets and dApps. Success depends on seamless technical integration and partner onboarding.

4. Launch of Total Value Facilitated Metrics (Upcoming)

Overview: The roadmap includes launching a Total Value Facilitated (TVF) metric to publicly track the billions in value moving through the WalletConnect network. This dashboard would provide transparency on network adoption and activity, serving as a key performance indicator.

What this means: This is bullish for WCT because transparent, high TVF metrics could strengthen investor confidence by demonstrating real-world utility and scale. It turns network growth into a verifiable on-chain narrative, potentially attracting more ecosystem participants.

Conclusion

WalletConnect Token's roadmap is strategically focused on cementing its utility through fee mechanisms, multi-chain expansion, and transparent metrics, all while navigating the scheduled dilution from token unlocks. The key to price sustainability will be whether adoption-driven demand can outpace the increasing supply from unlocks. How will the community utilize its new governance tools to steer fee implementation?

Deep Dive

1. @Community: Mapping a technical rebound from oversold levels bullish

"Currently, WCT/USDT is trading at $0.3152, down -6.13%... 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+0) View original post What this means: This is bullish for WCT in the short term because an oversold RSI often precedes a price correction upward, suggesting selling pressure may be exhausting and a technical bounce could be imminent.

2. @Community: Warning of inflation risk from locked supply bearish

"I’ve been going back and forth on $WCT... over 80% of the supply is still locked. We’re talking 1B total tokens, and only 186M are out right now. That’s a huge unlock hanging over us." – Community post (20 July 2025 04:46 AM UTC+0) View original post What this means: This is bearish for WCT because a large overhang of unlocked tokens could lead to significant selling pressure in the future, potentially diluting value if demand doesn't keep pace with the increasing circulating supply.

3. @Community: Betting on protocol adoption to drive price to $1 bullish

"Will Wallet Connect's success propel the $WCT token back to $1?... WCT has over 300% upside potential. We wouldn't be surprised if $WCT, Wallet Connect's governance token, surges to $1." – Community post (1 August 2025 06:47 PM UTC+0) View original post What this means: This is bullish for WCT because it ties the token's long-term value directly to the growth and indispensability of the WalletConnect infrastructure, suggesting price could multiply if the network becomes the default standard.

Conclusion

The consensus on WCT is mixed, balancing near-term technical hope against long-term supply concerns. While traders eye an oversold bounce, the overarching narrative questions whether the protocol's robust adoption—powering millions of connections—can ultimately outweigh the inflationary pressure from its locked token supply. Watch the circulating supply metric for signals on how this balance is shifting.

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 advised users to close positions and repay loans, with the system auto-liquidating any remaining positions. This move reduces avenues for leveraged trading of WCT on a major platform. What this means: This is bearish for WCT in the short term as it limits sophisticated trading strategies and could temporarily dampen liquidity and demand from margin traders. It highlights the asset's susceptibility to exchange policy changes. (KuCoin)

2. WalletConnect Pay Expands to New 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 development aims to streamline on-chain payments and improve interoperability. What this means: This is bullish for WCT as it demonstrates active product development and ecosystem growth, which could drive increased network usage and long-term demand for the token's underlying utility. (WalletConnect)

3. Project Updates Token Release Schedule (30 January 2026)

Overview: The WalletConnect team released a revised, detailed schedule for the maximum estimated circulating supply of WCT through November 2028. The data shows a steady monthly increase from 400.1 million in May 2026 to the full 1 billion token supply. What this means: This is neutral to cautious for WCT, providing transparency but also confirming a defined inflation schedule. The predictable unlock of ~60% of the remaining supply over the next 2.5 years is a key metric for assessing potential sell-side pressure. (WalletConnect Foundation)

Conclusion

WCT's trajectory is a mix of near-term headwinds from reduced exchange support and long-term fundamentals bolstered by product expansion, all against a backdrop of predictable token supply inflation. Will growing utility from features like WalletConnect Pay outpace the selling pressure from scheduled token unlocks?

Deep Dive

1. Multi-Chain Expansion & Airdrop (May 2025)

Overview: This was a strategic expansion, not a direct codebase update. It moved the token onto the Solana blockchain using Wormhole's cross-chain framework, making WCT a multi-chain asset. For users, this meant more places to use and hold the token.

The launch was paired with a targeted 5 million WCT airdrop to active Solana users through partners like Jupiter and Phantom. This aimed to bootstrap community engagement on the new chain. What this means: This is bullish for WCT because it significantly broadens the token's reach and utility across different blockchain ecosystems, potentially increasing its user base and transaction volume. However, it does not directly indicate changes to the core WalletConnect protocol's code. (Source)

2. Governance & Roadmap Announcement (June 2025)

Overview: On June 3, 2025, WalletConnect announced a development roadmap focused on community tools. This includes activating new governance features for WCT holders, launching token-based incentives, and improving staking mechanisms.

While this outlines future utility, the provided data does not detail specific code commits or technical implementations that have been deployed. What this means: This is neutral for WCT in the short term, as these are planned developments. It becomes bullish if and when the team delivers on these promises, as it would give token holders more direct control and reasons to participate in the network. (Source)

3. Major Exchange Integrations (April–August 2025)

Overview: A series of major exchange listings marked WCT's growth in accessibility. Key events included its Initial Exchange Offering (IEO) on multiple platforms in April 2025, Binance integration on Ethereum in May, and its full listing on Coinbase in August.

These are infrastructure milestones that improve liquidity and ease of trading but are not updates to the WalletConnect protocol's underlying code. What this means: This is bullish for WCT because greater exchange availability reduces friction for new investors and enhances the token's market profile and stability through improved liquidity. (Source)

Conclusion

The available information highlights WalletConnect's successful ecosystem growth through multi-chain expansion and exchange listings, but it lacks details on recent, specific codebase updates like GitHub commits or protocol upgrades. For the most current technical developments, monitoring WalletConnect's official GitHub repository and developer announcements would be essential. How might the activation of on-chain governance directly influence WCT's utility later this year?