🚀 WalletConnect Token (WCT): Powering the WCT Future of Web3 Connectivity

🌐 What is WCT?

WalletConnect Token (WCT) is the official utility and governance token of the WalletConnect protocol—an open-source infrastructure that enables seamless interaction between crypto wallets and decentralized applications (dApps). Designed to support a multi-network experience, WCT plays a central role in securing, operating, and upgrading the WalletConnect ecosystem

📊 WCT Token Metrics (as of June 2025)

🪙 Max Supply: 1,000,000,000 WCT

💼 Circulating Supply: Approximately 186,200,000 WCT (~18.6%)

🏷️ Current Price: ~$0.31 USD

📈 Market Capitalization: ~$57 million USD

📉 24h Trading Volume: ~$50 million USD

📉 All-Time High (ATH): $1.34 (May 31, 2025)

📈 All-Time Low (ATL): $0.281 (April 15, 2025)

🔑 Core Utilities of WCT

1. 📥 Governance: Token holders have voting rights to influence protocol changes, upgrades, and economic decisions across the WalletConnect Network.

2. 📦 Staking & Rewards: WCT enables users to stake and earn rewards for participation in the network’s growth and performance validation.

3. 💵 Future Fee Payments: Though currently fee-free, the network may introduce usage fees, with WCT as the medium of payment, pending community approval.

🧮 Token Distribution Breakdown

WCT’s 1 billion supply is divided into strategic allocations to promote growth and decentralization:

🛠️ Development: 7%

🎯 Incentive Rewards: 17.5%

🎁 Airdrops: 18.5%

👨‍💼 Core Team: 18.5%

💸 Early Backers: 11.5%

🏛️ WalletConnect Foundation: 27%

Note: Team and investor tokens are locked under a 4-year vesting schedule, with a 1-year cliff to ensure long-term alignment.

📅 Key Milestone: Binance Launchpool

In April 2025, WCT was featured on Binance Launchpool—a major event that helped distribute tokens to users and boost visibility.

⏳ Event Dates: April 11–14, 2025

🎯 Total Rewards: 40 million WCT (4% of total supply)

📊 Pool Allocation:

85% to BNB pool

10% to USDC pool

5% to FDUSD pool

Post-launch, the token was listed on multiple chains, including Ethereum and Optimism, with the contract address:

0xeF4461891DfB3AC8572cCf7C794664A8DD927945

🧠 Why WCT Matters

🗳️ Decentralized Governance: Token holders steer the future of the protocol.

💻 Incentivized Participation: Active engagement earns staking rewards.

📡 Multichain Ecosystem: Deployed on major blockchains to ensure accessibility.

⛔ Controlled Inflation: No new token minting expected in the short term; any future changes are community-governed.

🔍 Final Thoughts

WCT isn’t just another token—it’s a foundational pillar of one of Web3’s most widely used connectivity protocols. By blending utility, governance, and community control, it opens the door for sustainable, user-centric innovation in decentralized technology. As WalletConnect adoption increases across wallets and dApps, the role of WCT is likely to grow in relevance and value.

📢 Disclaimer: The above content is for informational purposes only and does not constitute investment advice. Always DYOR (Do Your Own Research).

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