Latest WalletConnect Token (WCT) News Update

By CMC AI
09 August 2026 07:53AM (UTC+0)

What are people saying about WCT?

TLDR

The chatter around WCT is a mix of hopeful patience and wary realism, with traders eyeing a rebound while acknowledging significant supply overhangs. Here’s what’s trending:

  1. Technical analysts are mapping a path for recovery, watching for a breakout above $0.3340.

  2. The community is bullish on the project's utility and ecosystem growth, targeting a return to $1.

  3. A cautious voice highlights the major risk from the large, locked token supply awaiting release.

Deep Dive

1. : WCT added to Coinbase roadmap on Optimism 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 (273K followers · 13 August 2025 08:00 PM UTC) What this means: This is bullish for WCT because a Coinbase listing significantly boosts accessibility, liquidity, and credibility, potentially driving new demand from a broad retail and institutional user base.

2. Community Post: Short-term target of $1 based on past performance 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 Post (2 August 2025 01:00 PM UTC) View original post What this means: This is bullish for WCT as it reflects strong community belief in the token's fundamental utility and its historical capacity for explosive rallies, which can create self-fulfilling momentum.

3. Community Post: Cautious optimism amid major supply unlock risk mixed

"I’ve been going back and forth on $WCT... over 80% of the supply is still locked... That’s a huge unlock hanging over us." – Community Post (20 July 2025 04:46 AM UTC) View original post What this means: This is mixed for WCT because, while acknowledging strong fundamentals, it underscores the critical risk of future inflation from token unlocks, which could suppress price growth if demand doesn't keep pace.

Conclusion

The consensus on WCT is mixed but leans cautiously optimistic. Strong fundamentals and exchange adoption fuel bullish price targets, but these are tempered by a rational fear of significant supply inflation from upcoming unlocks. Watch the circulating supply count against total supply, as this will be the ultimate test of whether utility-driven demand can outpace sell pressure.

What is the latest update in WCT’s codebase?

TLDR

WalletConnect's recent development focus has shifted toward expanding its multi-chain protocol and enabling core token utilities.

  1. Multi-Chain Expansion & Sui Integration (June 2025) – Protocol integrated the Sui blockchain and enabled WCT token transfers, boosting DeFi access.

  2. Governance Tools Activation (June 2025) – Team announced plans to activate new governance features for WCT holders to guide network development.

  3. Solana Launch & Airdrop (May 2025) – WCT launched natively on Solana, distributing 5 million tokens to active users via major wallets.

Deep Dive

1. Multi-Chain Expansion & Sui Integration (June 2025)

Overview: WalletConnect integrated the Sui blockchain into its protocol and enabled the transferability of the WCT token. This allows users and apps on Sui to connect securely and lets WCT move freely, which is a foundational step for trading and governance.

This was a strategic technical update to move beyond an Ethereum-centric model. By adding Sui and enabling token transfers, the protocol's codebase was updated for broader interoperability. The integration uses WalletConnect's existing secure connection framework, meaning users on Sui can now link their wallets to dApps without compromising private keys.

What this means: This is bullish for WCT because it makes the network usable on more blockchains, which could attract more developers and users. For everyday users, it means more apps to connect to and a more functional token that can be traded or used in governance. (Source)

2. Governance Tools Activation (June 2025)

Overview: The WalletConnect team announced plans to activate new governance tools, giving WCT holders direct influence over the network's future through voting on proposals.

This update pertains to the smart contracts and user interface that facilitate decentralized governance. Activating these tools involves code deployments that allow token staking and voting mechanisms to go live, shifting control toward the community.

What this means: This is bullish for WCT because it decentralizes control and gives token holders a real say in the project's direction, increasing long-term holder commitment. For users, it translates to a more community-owned network where their tokens have voting power. ()

3. Solana Launch & Airdrop (May 2025)

Overview: WalletConnect launched its WCT token natively on the Solana blockchain, accompanied by a targeted 5-million token airdrop to active Solana users through partners like Phantom and Jupiter.

This required significant codebase work to deploy the token using Wormhole's cross-chain framework, ensuring it operates seamlessly on Solana's high-throughput network. The airdrop mechanism itself involved smart contracts to identify and distribute tokens to eligible users.

What this means: This is bullish for WCT because it taps into Solana's large and active user base, potentially driving new adoption and liquidity. For users, it means faster and cheaper transactions when using WCT within the Solana ecosystem. (Source)

Conclusion

WalletConnect's development trajectory is firmly focused on becoming a chain-agnostic connectivity layer, with key codebase updates enabling transferability, new chain integrations, and community governance. How will the technical roadmap evolve to further decentralize the network's core infrastructure?

What is next on WCT’s roadmap?

TLDR

WalletConnect Token's development continues with these milestones:

  1. Launch Total Value Facilitated Metrics (2026) – Introducing a new metric to track the total value of transactions facilitated through the network.

  2. Expand WCT to More Blockchains (2026–2027) – Continuing multi-chain expansion beyond Ethereum, Optimism, and Solana to increase utility.

  3. Introduce Community Fee Proposals (2026–2027) – Enabling token holders to propose and vote on network fee structures and economic models.

  4. Enable Permissionless Node Operations (2026–2027) – Decentralizing network infrastructure by allowing anyone to run a node and earn rewards.

Deep Dive

1. Launch Total Value Facilitated Metrics (2026)

Overview: A key upcoming milestone is the launch of Total Value Facilitated (TVF) metrics. This will provide a transparent, on-chain measure of the total economic value of transactions and connections routed through the WalletConnect Network. It's a growth and adoption dashboard for the ecosystem.

What this means: This is bullish for WCT because it creates a fundamental, verifiable metric for network utility, moving beyond speculative trading. It could attract institutional interest by quantifying the protocol's real-world usage and cement WCT's role as a fundamental infrastructure token.

2. Expand WCT to More Blockchains (2026–2027)

Overview: The roadmap includes expanding WCT's presence to additional blockchain networks. This follows its successful launches on Ethereum, Optimism, and Solana in 2024 and 2025 (Blockworks). The goal is to become a truly chain-agnostic standard for wallet-to-dApp connectivity.

What this means: This is bullish for WCT because each new integration increases the token's addressable market and utility. It reduces chain-specific risk and leverages WalletConnect's existing vast network of over 600 wallets and 66,000+ integrated apps, driving more demand for WCT for fees and staking across ecosystems.

3. Introduce Community Fee Proposals (2026–2027)

Overview: A major step toward full decentralization is the activation of community-driven fee proposals. Currently, the network operates without fees, but the roadmap envisions WCT holders proposing, debating, and voting on fee mechanisms (e.g., a Monthly Active User model for relay services) through governance (WalletConnect Blog).

What this means: This is neutral-to-bullish for WCT. Implementing a sustainable fee model is crucial for long-term network health and could create a direct revenue sink for WCT. However, the timeline and specific model are uncertain and depend on community consensus, introducing execution risk.

4. Enable Permissionless Node Operations (2026–2027)

Overview: The final technical pillar is transitioning to a permissionless node network. This will allow anyone to run relay nodes that facilitate connections, decentralizing the infrastructure and rewarding operators with WCT from the rewards pool.

What this means: This is bullish for WCT because it directly increases the token's utility for staking and rewards, potentially locking up significant supply. It enhances network resilience and censorship resistance, strengthening WalletConnect's value proposition as critical Web3 infrastructure.

Conclusion

WalletConnect Token's roadmap is strategically focused on cementing its utility through measurable growth (TVF), expansive reach (multi-chain), sustainable economics (fee governance), and robust decentralization (permissionless nodes). The key challenge is balancing rapid adoption with the careful, community-led rollout of new token utilities. Will accelerating onchain activity outpace the inflationary pressure from future token unlocks?

What is the latest news on WCT?

TLDR

WCT's recent news is a mix of a major exchange reducing support and a clear long-term supply schedule. Here are the latest developments:

  1. KuCoin Delists WCT from Margin (29 May 2026) – Removal of cross margin trading reduces leverage options and could pressure short-term liquidity.

  2. Project Publishes Detailed Supply Schedule (30 January 2026) – A clear, multi-year unlock plan provides transparency but indicates ongoing inflation.

Deep Dive

1. KuCoin Delists WCT from Margin (29 May 2026)

Overview: KuCoin announced the delisting of WalletConnect Token (WCT) from its Cross Margin Trading services, effective 3 June 2026. The exchange required users to close positions and repay loans, with the system automatically liquidating any remaining positions. This move reduces the avenues for leveraged trading of WCT on a major platform. What this means: This is bearish for WCT in the near term because it limits traders' ability to use leverage, potentially reducing speculative trading volume and liquidity on KuCoin. It may signal reduced institutional or platform confidence in the token's short-term viability for margin products. (KuCoin)

2. Project Publishes Detailed Supply Schedule (30 January 2026)

Overview: The WalletConnect team released a revised, month-end maximum circulating supply schedule from January 2026 through November 2028. The document projects the supply to grow from ~334 million to the full 1 billion tokens, providing precise inflation expectations. What this means: This is neutral to slightly bearish for price pressure, as it confirms a steady increase in circulating supply over the next few years, which could act as a headwind for price appreciation. However, the transparency is a positive for long-term investors who can now model dilution accurately. (WalletConnect)

Conclusion

WCT is navigating a phase of reduced exchange support while providing clarity on its future token supply. The key question now is whether growing utility and adoption can outpace the scheduled inflation and offset the loss of trading venues.

CMC AI can make mistakes. Not financial advice.