WalletConnect Token (WCT) Price Prediction

Deep Dive

1. Token Supply Dynamics (Bearish Risk)

Overview:
With only 18.6% of WCT’s 1B max supply circulating (CoinMarketCap), scheduled unlocks pose ongoing risks. A November 2025 unlock released 10.06M tokens (10% of supply), followed by a 65% supply unlock in mid-November per Token Unlocks. Historical patterns show price drops post-unlock (e.g., -63% in 60 days post-April 2025 listing).

What this means:
Massive unlocks could overwhelm buying pressure, especially with weak turnover (0.795 ratio). Until inflation is absorbed (2026-2027), supply-side pressure may dominate.

2. Protocol Adoption & Partnerships (Bullish Potential)

Overview:
WalletConnect powers 150M+ connections across 600+ wallets and 40K+ dApps. Recent integrations with Visa, Crossmint, and the Global Dollar Network (WalletConnect) signal enterprise traction. Coinbase and Binance listings improved liquidity, with WCT staking APYs up to 25% driving demand (Binance).

What this means:
Increased network usage (e.g., institutional payments) could boost fee revenue and staking demand. However, price impact depends on whether usage growth outpaces token emissions.

3. Governance Transition (Mixed Impact)

Overview:
The WalletConnect Council (launched July 2025) will gradually shift control to WCT holders via DAO governance by 2026. Early proposals focus on fee structures and node operations (Blockworks).

What this means:
Successful decentralization could attract institutional validators and improve token utility. However, governance disputes or slow decision-making (common in early DAOs) might delay key upgrades.

Conclusion

WCT’s future hinges on balancing supply inflation with real-world utility gains. Watch the WCT/USDT order book depth post-unlocks and governance participation rates post-DAO launch. Can WalletConnect’s enterprise adoption offset its tokenomics challenges in a risk-off market?