Latest WalletConnect Token (WCT) News Update

By CMC AI
05 June 2026 09:54AM (UTC+0)

What is the latest news on WCT?

TLDR

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

  1. WalletConnect Pay Expands Wallets (31 March 2026) – Broadens utility for crypto payments, potentially increasing network usage and demand.

  2. Updated Token Release Schedule (30 January 2026) – Projects a controlled, linear increase in circulating supply through November 2028.

  3. Significant One-Time Token Unlock (25 November 2025) – Released 10.06 million WCT, adding sell pressure during a market downturn.

Deep Dive

1. WalletConnect Pay Expands Wallets (31 March 2026)

Overview: WalletConnect announced at WalletCon Cannes 2026 that its payment feature, WalletConnect Pay, is now supported across a wider range of wallets. This expansion aims to make crypto payments more seamless across e-commerce and in-store checkouts by reducing integration complexity for developers. What this means: This is bullish for WCT because it enhances the token's underlying utility by driving real-world transaction volume through the network. Increased adoption of WalletConnect Pay could lead to greater demand for WCT within its ecosystem for staking or fee-related functions. (WalletConnect)

2. Updated Token Release Schedule (30 January 2026)

Overview: The WalletConnect team published a revised month-end schedule for the maximum estimated circulating supply of WCT, extending to November 2028. The schedule shows a steady monthly increase, with supply reaching 400.1 million in May 2026 and projected to hit 1 billion by November 2028. What this means: This is neutral to bearish for WCT in the near term, as it confirms a predictable, linear inflation of the circulating supply. While the transparency is positive, the consistent new token issuance could act as a persistent headwind against price appreciation unless met with proportionally higher demand. (WalletConnect)

3. Significant One-Time Token Unlock (25 November 2025)

Overview: According to Token Unlocks data, WCT underwent a one-time unlock of approximately 10.06 million tokens on 25 November 2025. This represented 10.07% of the total supply and was valued at around $11.6 million at the time. What this means: This was bearish for WCT, as such unlocks typically increase sell-side pressure, especially when they occur during weak market conditions, as was the case in November 2025. The event likely contributed to short-term price volatility. (BlockBeats News)

Conclusion

WCT's trajectory is balancing product-led growth with the mechanics of a multi-year token unlock schedule. Can accelerating adoption of WalletConnect Pay outpace the sell pressure from its scheduled supply inflation?

What are people saying about WCT?

TLDR

WCT holders are betting on a comeback, eyeing the $1 mark with cautious optimism. Here’s what’s trending:

  1. Traders are mapping a technical path to recovery, watching key support and resistance levels.

  2. The community is rallying around the token's utility and widespread adoption of the WalletConnect protocol.

  3. Recent exchange listings and airdrop news are fueling speculative interest and liquidity.

Deep Dive

1. @CoinbaseAssets: WCT goes live on Coinbase apps bullish

"WalletConnect Token (WCT) is now live on & in the Coinbase iOS & Android apps." – @CoinbaseAssets (276K followers · 13 August 2025 08:00 PM UTC) View original post What this means: This is bullish for WCT because a major exchange listing significantly improves accessibility and liquidity for retail and institutional traders, often serving as a catalyst for increased demand and price discovery.

2. Community Analyst: Can the WCT token rebound soon? mixed

"Currently, WCT/USDT is trading at $0.3152, down -6.13%... RSI (28.83) is in the oversold region, suggesting a potential rebound... Key Resistance: $0.3386 – reclaiming this level could spark a recovery rally." – Community Analyst (18 August 2025 04:01 PM UTC) View original post What this means: This presents a mixed outlook for WCT. While the oversold RSI hints at a near-term bounce, the token must overcome immediate selling pressure and break above defined resistance levels to confirm a sustainable recovery trend.

3. Community Member: Expectations rise for a rally back to $1 bullish

"Expectations are rising for WCT... When the market returns to the green, we could see WCT rally towards $1. It's done this before." – Community Member (2 August 2025 01:00 PM UTC) View original post What this means: This is bullish for WCT as it reflects strong community conviction based on the protocol's essential role in Web3 and its past price performance, suggesting a belief in significant upside potential during a broader market recovery.

Conclusion

The consensus on WCT is cautiously bullish, anchored in its fundamental utility as a critical Web3 bridge and recent exchange support. While the current price action shows weakness, community sentiment is focused on a potential rebound toward $1, driven by technical setups and ecosystem growth. Watch for a decisive break above the $0.3226 resistance level as a near-term signal for momentum.

What is the latest update in WCT’s codebase?

TLDR

Recent WalletConnect Token updates focus on expanding utility and governance.

  1. Governance Tools & Staking Improvements (3 June 2025) – Plans to activate new governance features and enhance staking mechanisms for token holders.

  2. Multi-Chain Expansion to Solana (23 May 2025) – Technical integration launched WCT on Solana, enabling cross-chain functionality and new airdrops.

  3. Full Token Transferability Enabled (15 April 2025) – Core contract update removed transfer restrictions, allowing free movement of WCT between wallets.

Deep Dive

1. Governance Tools & Staking Improvements (3 June 2025)

Overview: WalletConnect announced plans to roll out new governance tools for WCT holders and improve its staking system. This update is designed to give the community more direct control over the network's future and provide better rewards for participants.

The development focuses on activating on-chain voting mechanisms and refining the token incentive structure. This represents a shift from foundational launch phases to maturing the protocol's decentralized governance, aiming to deepen user engagement and network security.

What this means: This is bullish for WCT because it makes the token more useful and valuable for long-term holders. Users will get a stronger voice in decision-making and can earn better rewards for helping secure the network, which could attract more committed participants. (Source)

2. Multi-Chain Expansion to Solana (23 May 2025)

Overview: The protocol completed a major technical integration, launching the WCT token natively on the Solana blockchain. This wasn't just a listing; it involved using Wormhole's cross-chain framework to bridge the token from Ethereum and Optimism.

This update significantly broadens the token's technical footprint, making it accessible within the high-speed Solana ecosystem. It was accompanied by a targeted 5 million WCT airdrop to active Solana users through partnerships with wallets like Phantom and Jupiter.

What this means: This is bullish for WCT because it makes the token usable on more blockchains, increasing its potential user base and utility. For everyday users, it means faster and cheaper transactions when using WCT within the Solana ecosystem. (Source)

3. Full Token Transferability Enabled (15 April 2025)

Overview: This was a fundamental update to the token's smart contract, changing it from a non-transferable state to being fully transferable. Initially, WCT could only be used for staking and governance within the WalletConnect ecosystem.

The change required a community governance process and technical deployment to lift the transfer restriction. It marked a key milestone in the token's evolution, transitioning it into a liquid asset that could be traded on exchanges and moved freely between wallets.

What this means: This was neutral to bullish for WCT because it unlocked liquidity and true ownership, which is essential for any cryptocurrency. It allows holders to freely trade or use their tokens, but also introduces exposure to market volatility. (Source)

Conclusion

WalletConnect Token's development trajectory shows a clear path from a restricted utility token to a more open, multi-chain asset with enhanced governance. The focus has shifted from initial launch mechanics to empowering its community and expanding its technical reach. How will the activation of sophisticated governance tools influence the network's adoption and token demand?

What is next on WCT’s roadmap?

TLDR

WalletConnect's development continues with these milestones:

  1. Launch Total Value Facilitated Metrics (2025–2026) – Public dashboard to track the economic value flowing through the network.

  2. Introduce Community Fee Proposals (Timeline TBD) – Governance process to decide on and implement network usage fees paid in WCT.

  3. Enable Permissionless Node Operations (Long-term) – Decentralize network infrastructure by allowing anyone to run relay nodes.

Deep Dive

1. Launch Total Value Facilitated Metrics (2025–2026)

Overview: A key upcoming initiative is the public launch of Total Value Facilitated (TVF) metrics. This will be a dashboard quantifying the economic activity—likely in billions of dollars—that flows through the WalletConnect Network via connections between wallets and dApps. As of May 2025, the network had already facilitated over 309 million cumulative connections (Blockworks). This metric aims to provide transparent, real-time proof of the network's utility and scale.

What this means: This is bullish for WCT because it creates a transparent, verifiable measure of network adoption and economic throughput. A rising TVF could strengthen investor conviction in WCT's fundamental utility as the core infrastructure for onchain interactions.

2. Introduce Community Fee Proposals (Timeline TBD)

Overview: The roadmap includes designing and introducing a community-governed fee mechanism for network services. Initially, the network operates without fees, but as it matures, WCT holders will be able to propose, debate, and vote on implementing a fee structure—likely a Monthly Active User (MAU) model for the connection relay service (WalletConnect Blog). All fees would be payable in WCT.

What this means: This is critically bullish for WCT because it would establish a sustainable revenue model and direct utility demand for the token. However, it is neutral in the near-term as the timeline is not fixed and depends on governance consensus, introducing execution risk.

3. Enable Permissionless Node Operations (Long-term)

Overview: A strategic long-term goal is transitioning the network's relay infrastructure to a permissionless model. This would allow anyone to run nodes that facilitate secure connections, moving away from a more centralized setup. This step is foundational for achieving full decentralization and censorship resistance.

What this means: This is bullish for WCT as it aligns with core Web3 values, potentially increasing network resilience and trust. It could also create new staking or reward mechanisms for node operators, further embedding WCT within the ecosystem's security model.

Conclusion

WalletConnect's roadmap is strategically focused on proving value (TVF), monetizing utility (fees), and achieving decentralization (permissionless nodes). Successfully executing this plan would transition WCT from a governance token to one with tangible, fee-driven demand. How will the community balance the timing of new fees with the need to maintain seamless user adoption?

CMC AI can make mistakes. Not financial advice.