Latest WalletConnect Token (WCT) News Update

By CMC AI
29 July 2026 05:49PM (UTC+0)

What are people saying about WCT?

TLDR

WCT chatter is a mix of technical traders eyeing a rebound and believers in its Web3 infrastructure role, all while navigating supply concerns. Here’s what’s trending:

  1. Traders are mapping a potential recovery, watching for WCT to hold above $0.31 and break resistance near $0.3386.

  2. Long-term holders are bullish on WCT's utility as the essential bridge connecting wallets and dApps across chains.

  3. A cautious voice highlights the significant risk from future token unlocks, with over 80% of the 1 billion supply still locked.

Deep Dive

1. @Adanigj: Noting a sharp 31% intraday rally on Coinbase bullish

"WalletConnect Token (WCT) went up 31.1 percent in the last 24 hours on Coinbase." – @Adanigj (1,455 followers · 30 December 2025 11:58 AM UTC) View original post What this means: This is bullish for WCT because it signals a sudden surge of buying interest and liquidity on a major exchange, often a precursor to increased short-term momentum and trader attention.

2. Community Analysis: Charting a path for recovery from oversold conditions bullish

"RSI (28.83) is in the oversold region, suggesting a potential rebound... 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) View original post What this means: This is bullish for WCT because it identifies a concrete technical setup where weakened selling pressure (oversold RSI) could allow buyers to step in, targeting a near 8% move if key levels are reclaimed.

3. Community Analysis: Warning of inflation risk from massive locked supply bearish

"Over 80% of the supply is still locked... That’s a huge unlock hanging over us. The fully diluted valuation is around $639M, but the market cap? Barely $64M. That gap is wild." – Community Post (20 July 2025 04:46 AM UTC) View original post What this means: This is bearish for WCT because it underscores a major overhang of future supply that could dilute value and exert selling pressure if released without proportional demand growth, capping upside potential.

Conclusion

The consensus on WCT is mixed, balancing its proven utility as critical Web3 infrastructure against near-term technical weakness and a daunting token unlock schedule. The community is watching for a decisive break above the $0.3386 resistance level to confirm a shift in momentum.

What is the latest news on WCT?

TLDR

WCT faces reduced exchange support while its long-term supply schedule remains on track. Here are the latest updates:

  1. KuCoin Delists WCT from Margin Trading (29 May 2026) – The exchange removed cross-margin services, potentially reducing liquidity and trading flexibility.

  2. Updated Token Release Schedule Published (30 January 2026) – The foundation outlined a controlled supply unlock plan through November 2028, providing long-term clarity.

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 move required users to close positions and repay loans before the deadline, with the system automatically liquidating any remaining open orders. This follows similar delistings for other tokens like AEVO and ANIME on the exchange. What this means: This is bearish for WCT in the short term because it reduces accessible leverage and could signal diminished exchange support, potentially leading to lower liquidity and increased price volatility for traders on that platform. (KuCoin)

2. Updated Token Release Schedule Published (30 January 2026)

Overview: The WalletConnect Foundation released a detailed, revised schedule for the maximum circulating supply of WCT, projecting figures month-by-month from January 2026 through November 2028. The data shows a planned increase from about 434 million tokens in July 2026 to the full 1 billion supply by November 2028. What this means: This is neutral to cautiously positive for WCT because it provides transparent, long-term supply visibility, which can mitigate fears of sudden, inflationary unlocks. However, the steady increase in circulating supply over the next two years could present persistent selling pressure if demand doesn't keep pace. (WalletConnect Foundation)

Conclusion

WCT's recent narrative is split between immediate headwinds from exchange support changes and a clear, long-term supply roadmap. Will growing protocol utility and adoption outpace the scheduled token unlocks and offset reduced trading options?

What is next on WCT’s roadmap?

TLDR

WalletConnect's development continues with these milestones:

  1. Launch Total Value Facilitated Metrics (2026) – Introducing transparent network activity tracking to showcase economic impact.

  2. Expand WCT to More Blockchains (2026) – Continuing multi-chain deployment to increase utility and user base.

  3. Activate Community Fee Governance (2026) – Enabling tokenholders to propose and vote on network fee models.

Deep Dive

1. Launch Total Value Facilitated Metrics (2026)

Overview: A key upcoming initiative is the public launch of Total Value Facilitated (TVF) metrics. This will provide a transparent dashboard tracking the billions in value moving through the WalletConnect network annually from DeFi, staking, and payments (Blockworks). It aims to quantify the network's economic impact for users and developers.

What this means: This is bullish for WCT because it will provide verifiable, on-chain proof of the network's utility and scale, potentially attracting more developers and institutional users. Increased transparency could strengthen investor confidence in the token's underlying value.

2. Expand WCT to More Blockchains (2026)

Overview: The roadmap includes expanding WCT's presence beyond its current deployments on Optimism, Ethereum, and Solana. The goal is to become a truly chain-agnostic protocol, integrating with additional high-throughput networks to serve a broader ecosystem of wallets and dApps (Blockworks).

What this means: This is bullish for WCT because every new chain integration expands the token's addressable market and utility. It reduces reliance on any single ecosystem and embeds WCT deeper into the cross-chain infrastructure of Web3, which could drive increased demand for governance and staking.

3. Activate Community Fee Governance (2026)

Overview: A major step toward decentralization is activating community governance for network fees. While no fee structure is currently active, the roadmap envisions tokenholders proposing, discussing, and implementing fee models (like a Monthly Active User model) for the connection service (WalletConnect Blog).

What this means: This is critically bullish for WCT because it would activate the token's core economic utility, creating potential demand for WCT to pay for network services. However, it's a double-edged sword; successful implementation requires careful community management to avoid driving users away with premature fees.

Conclusion

WalletConnect's near-term roadmap focuses on proving value, expanding reach, and activating its token economy—key steps in its transition to a community-governed utility layer. Will user adoption and fee governance align to create sustainable demand for WCT?

What is the latest update in WCT’s codebase?

TLDR

WalletConnect's codebase has evolved through strategic multi-chain expansions and feature launches.

  1. WalletConnect Pay Expansion (31 March 2026) – Broadened payment support to more wallets, enhancing onchain transaction convenience.

  2. TON Ecosystem Integration (26 March 2026) – Enabled secure wallet connectivity across the TON blockchain, improving user and developer experience.

  3. Sui Network Integration (April 2025) – Added support for the Sui blockchain, significantly increasing DeFi accessibility and institutional reach.

Deep Dive

1. WalletConnect Pay Expansion (31 March 2026)

Overview: This update expanded the WalletConnect Pay feature to be supported across a wider range of wallets. For users, this means more options and greater convenience when making onchain payments directly from their connected wallets.

The enhancement broadens the protocol's utility as a payment rail, integrating deeper into the "financial internet." It represents a continued focus on improving the core user experience for transactions, moving beyond simple wallet connections.

What this means: This is bullish for WCT because it increases the token's potential utility within a growing payment network. A more useful and widely adopted payment system can drive higher network usage, which may benefit the ecosystem's native token over time. (WalletConnect)

2. TON Ecosystem Integration (26 March 2026)

Overview: This integration made WalletConnect's secure connection protocol live across the TON (The Open Network) ecosystem. It allows users of TON-based apps and wallets to connect seamlessly, reducing friction for both developers and end-users.

Technically, this involved adapting the WalletConnect protocol to work with TON's infrastructure, providing "one integration that works across wallets & apps." It's a strategic move to tap into the growing TON user base.

What this means: This is bullish for WCT because it demonstrates active development and expansion into major new blockchain ecosystems. Each new integration increases the network's total addressable market and reinforces WalletConnect's role as essential cross-chain infrastructure. (WalletConnect)

3. Sui Network Integration (April 2025)

Overview: This was a major protocol update that added support for the Sui blockchain and enabled full transferability of the WCT token. This gave users access to Sui's DeFi ecosystem and allowed the token to be freely traded and used in governance.

The integration required updates to the protocol's core networking and smart contract layers to be compatible with Sui's unique architecture. It was a key step in WalletConnect's stated strategy to become a chain-agnostic protocol.

What this means: This was bullish for WCT because it marked a significant technical leap towards decentralization. Making the token transferable unlocked its economic utility, while adding a high-performance network like Sui expanded the protocol's potential use cases and user base. (Kanalcoin)

Conclusion

WalletConnect's development trajectory shows a consistent focus on expanding its protocol's reach across major blockchain ecosystems and enhancing its core utility for payments. This multi-chain, infrastructure-first strategy aims to cement its position as a foundational layer for onchain connectivity. What technical priorities will the team address next to support this scaling vision?

CMC AI can make mistakes. Not financial advice.