WCT is the native utility and governance token of the WalletConnect Network, a core Web3 protocol that securely connects wallets and dApps across many blockchains, adding real utility beyond speculative hype.
Recent project news includes the launch of the native token on Optimism and plans for a 185 M WCT airdrop to help decentralize the network’s governance.
WCT price has shown sharp volatility — initial rallies and multi‑exchange listings pushed it higher during launch, but it has also suffered flash crashes and deep pullbacks, underscoring high risk and speculative trading behavior.
Fundamentally, upgrades like multi‑chain expansion (e.g., Solana & Base integrations) aim to broaden utility and user reach, which could support long‑term demand if adoption sticks.
Token governance and fees could create additional buy pressure if fully activated, but short‑term price action remains influenced by broader markets and speculative flows.
@WalletConnect $WCT #WalletConnect
