Latest WalletConnect Token (WCT) News Update

By CMC AI
06 May 2026 12:18AM (UTC+0)

What are people saying about WCT?

TLDR

WCT chatter swings between bullish utility bets and wary eyes on token unlocks. Here’s what’s trending:

  1. Technical traders are watching for a breakout above $0.3766, with support holding near $0.3150.

  2. Long-term believers highlight WCT's role as essential Web3 infrastructure, with staking APY up to 22%.

  3. Cautious voices warn of major supply inflation, with over 80% of tokens still locked and a $10.06M unlock on Nov 25, 2025.

  4. Recent momentum is tied to the Coinbase listing on Optimism and a 5M WCT airdrop for Solana users.

Deep Dive

1. @CoinbaseAssets: Major Exchange Listing Boosts Access bullish

"Coinbase will add support for WalletConnect Token (WCT) on the Optimism network... Trading will begin on or after 9AM PT on 14 August, 2025." – @CoinbaseAssets (277K followers · 2025-08-13 20:00 UTC) View original post What this means: This is bullish for WCT because a major U.S. exchange listing significantly improves liquidity, accessibility for retail investors, and overall legitimacy for the token.

2. Community Analyst: Weighing High Potential Against Supply Risk mixed

"On the surface, it looks bullish — Solana integration, Binance support, a juicy 5M token airdrop… plus that 22% APY on staking?... But over 80% of the supply is still locked... That’s a huge unlock hanging over us." – Community Post (2025-07-20 04:46 UTC) View original post What this means: This presents a mixed outlook for WCT, acknowledging strong fundamentals and yield opportunities while cautioning that future price action could be heavily pressured by the gradual release of the majority of the token supply.

3. Technical Trader: Eyes on Key Breakout Level bullish

"WCT/USDT is at a pivotal technical juncture... The next major move depends on whether WCT breaks and holds above $0.3766 with strong volume, which could trigger a rally toward $0.3878 or higher." – Community Post (2025-08-14 02:56 UTC) View original post What this means: This is bullish for WCT in the short term, as it identifies a clear technical threshold that, if surpassed with conviction, could catalyze a significant price move upward, attracting momentum traders.

4. News Outlet: Upcoming Token Unlock Adds Selling Pressure bearish

"WalletConnect Token (WCT) will unlock approximately 10.06 million tokens... representing 10.07% of its total supply and valued at about $11.6 million." – Weex (2025-11-24 03:15 UTC) View original post What this means: This is bearish for WCT because a large, scheduled release of new tokens into circulation increases the available supply, which can dilute the price if demand does not increase proportionally, leading to potential sell pressure.

Conclusion

The consensus on WCT is cautiously optimistic. The bullish case is built on its foundational role in Web3 connectivity, attractive staking yields, and recent exchange adoption. However, this is tempered by a significant overhang from future token unlocks, which introduces a major element of supply-side risk. The immediate metric to watch is the market's absorption of the 10.06 million WCT unlock on November 25, 2025, as it will test the underlying demand against new supply.

What is the latest news on WCT?

TLDR

WalletConnect Token's news reflects steady ecosystem expansion amid ongoing token distribution. Here are the latest updates:

  1. WalletConnect Pay Expands Support (31 March 2026) – The payment feature's rollout across more wallets enhances its utility and potential transaction volume.

  2. Integration with TON Blockchain Goes Live (26 March 2026) – This move extends WalletConnect's secure connectivity to the Telegram-linked ecosystem.

  3. Updated Token Release Schedule Published (30 January 2026) – The project detailed its planned circulating supply increases through 2028, providing long-term clarity.

Deep Dive

1. WalletConnect Pay Expands Support (31 March 2026)

Overview: WalletConnect announced a significant expansion of its WalletConnect Pay feature, making it available across a broader range of wallet applications. This development was highlighted live at WalletCon Cannes 2026. What this means: This is bullish for WCT because it directly increases the token's potential utility and use-case within the onchain payments landscape. A wider rollout can drive higher transaction volumes facilitated through the network, which may correlate with greater demand for the token over time. (WalletConnect)

2. Integration with TON Blockchain Goes Live (26 March 2026)

Overview: WalletConnect's protocol integration with The Open Network (TON) blockchain is now operational. This provides seamless and secure wallet connectivity for apps and users within the TON ecosystem, which is closely associated with Telegram. What this means: This is bullish for WCT as it represents a strategic expansion into a high-growth ecosystem, potentially onboarding millions of new users. It enhances WCT's value proposition as a foundational cross-chain connectivity layer, which could support long-term adoption. (WalletConnect)

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

Overview: The WalletConnect team released a revised month-end schedule for the maximum circulating supply of WCT tokens from January 2026 through November 2028. The schedule accounts for previous launches on Solana and Base and adjusts for staking pool changes over time. What this means: This is neutral to cautiously bearish for WCT in the near term, as it provides transparency into significant future supply inflation. The circulating supply is projected to grow from ~383.5 million to 1 billion tokens by late 2028, which could create persistent sell pressure if demand does not keep pace. (WalletConnect)

Conclusion

WCT's trajectory is being shaped by strategic ecosystem growth against a backdrop of predictable, long-term token supply increases. While new integrations like TON and WalletConnect Pay build fundamental utility, the scheduled token unlocks remain a key metric for investors to watch. Will rising network usage outpace the inflationary supply schedule?

What is the latest update in WCT’s codebase?

TLDR

WalletConnect's most significant recent protocol update enabled full on-chain token transfers.

  1. Transferability Enabled (15 April 2025) – The WCT token became fully transferable between wallets and exchanges, unlocking liquidity and new use cases.

  2. Governance Tools Planned (3 June 2025) – The team announced plans to activate new governance features, giving token holders more direct control over the network's development.

Deep Dive

1. Transferability Enabled (15 April 2025)

Overview: This was a major protocol upgrade that changed the WCT token from a non-transferable asset to a fully liquid one. Users can now freely send and receive WCT across wallets and list it on exchanges, which was not possible before.

The update required changes to the token's smart contract or underlying protocol rules. Initially, transferability was restricted to keep focus on core ecosystem functions like governance and staking, protecting early network stability. The shift to full transferability was executed after community governance discussions, marking a move toward a more mature and open ecosystem.

What this means: This is bullish for WCT because it directly increases the token's utility and accessibility. Users can now trade it freely, use it in more DeFi applications, and it opens the door for listings on major centralized exchanges, which can significantly boost adoption and liquidity. (Source)

2. Governance Tools Planned (3 June 2025)

Overview: The WalletConnect team outlined a roadmap to activate enhanced governance tools for WCT holders. This points to ongoing development aimed at decentralizing control and allowing the community to vote on key network upgrades and fee structures.

While specific code commits aren't detailed, this announcement signals active development focused on fulfilling the token's governance promise. It involves building the smart contract and interface mechanisms for proposal submission and voting.

What this means: This is neutral-to-bullish for WCT as it reinforces the project's commitment to its roadmap. Successful implementation would give token holders real power over the network's future, potentially increasing long-term holder commitment and the token's fundamental value. (Source)

Conclusion

WalletConnect's development trajectory is advancing from a controlled launch phase toward a feature-complete, community-governed protocol, with the activation of token transfers being the most concrete recent milestone. How will the planned governance tools reshape community involvement and network incentives in the coming months?

What is next on WCT’s roadmap?

TLDR

WalletConnect's development continues with these milestones:

  1. Community Fee Proposals & Mechanism Design (2026) – Tokenholders will vote to introduce network fees, creating a sustainable revenue model.

  2. Launch Total Value Facilitated (TVF) Metrics (2026) – Public dashboard to track the billions in value flowing through the network.

  3. Expand WCT to More Blockchains (2026-2027) – Continue multi-chain deployment to increase utility and accessibility.

  4. Enable Permissionless Node Operations (2027) – Decentralize network infrastructure by allowing anyone to run a relay node.

Deep Dive

1. Community Fee Proposals & Mechanism Design (2026)

Overview: A core next step is transitioning the network to a sustainable economic model. Initially fee-free, the community will soon propose, discuss, and vote on implementing a fee structure paid in WCT, such as a Monthly Active User (MAU) model for the connection service (WalletConnect). This is a key part of the decentralization roadmap. What this means: This is bullish for WCT because it would establish a tangible utility-driven demand for the token, creating a circular economy within the ecosystem. However, the timeline and final model depend on governance consensus, introducing execution risk.

2. Launch Total Value Facilitated (TVF) Metrics (2026)

Overview: The team plans to launch a public dashboard for Total Value Facilitated (TVF), a metric tracking the aggregate value of transactions conducted via WalletConnect (Blockworks). This will provide transparency on the network's scale, which facilitates billions annually. What this means: This is neutral-to-bullish for WCT as it enhances network transparency and could attract more developers and institutional users by quantifying WalletConnect's critical role in the onchain economy, indirectly supporting adoption and token value.

3. Expand WCT to More Blockchains (2026-2027)

Overview: Following deployments on Optimism, Ethereum, Solana, and Base, the roadmap includes expanding WCT's presence to additional blockchains (Blockworks). This aligns with its strategy to become a chain-agnostic protocol. What this means: This is bullish for WCT because broader chain integration increases its addressable market and utility, making it indispensable for cross-chain user experience. The risk is dilution of focus or technical complexities in multi-chain deployments.

4. Enable Permissionless Node Operations (2027)

Overview: A longer-term goal is to decentralize the network's relay infrastructure by enabling permissionless node operations (Blockworks). This would allow anyone to run a node, earn rewards, and contribute to network resilience. What this means: This is bullish for WCT as it deepens network decentralization and security, potentially increasing staking participation and reducing reliance on a single entity. The main risk is a delayed timeline, as this is a complex technical milestone.

Conclusion

WalletConnect Token's roadmap is strategically focused on activating governance, creating a fee-based economy, and expanding its foundational infrastructure across the multi-chain landscape. The key question is whether community-driven fee adoption can outpace the inflationary pressure from the remaining ~80% of token supply set to unlock through 2028.

CMC AI can make mistakes. Not financial advice.