Latest WalletConnect Token (WCT) News Update

Deep Dive

1. Major Token Unlock (25 November 2025)

Overview:
On 25 November, WalletConnect unlocked 10.06M WCT (10.07% of total supply), worth ~$11.6M at the time. This followed a larger 65.21% unlock on 15 November ($13.76M), per CoinDesk. Unlocks increase circulating supply, historically pressuring prices if demand doesn’t absorb new tokens.

What this means:
This is bearish for WCT in the short term, as unlocks dilute holdings and incentivize profit-taking. However, the token’s 4.55% 24h gain (as of 3 December) suggests some resilience. Sustained buying from staking programs or partnerships could offset selling.

2. Post-Unlock Rally (17 November 2025)

Overview:
WCT surged 18% on 17 November, breaking above key technical levels ($0.119 SMA) with bullish MACD and RSI (59.12). The move followed a 15 November unlock, hinting at strategic accumulation.

What this means:
The rally reflects renewed confidence post-unlock, likely driven by traders anticipating protocol growth. However, the Fear & Greed Index at 17/100 (Extreme Fear) underscores fragile market sentiment. A close above $0.1677 (23.6% Fib) could signal further upside. (Binance)

3. Binance Yield Offer (4 November 2025)

Overview:
Binance launched a WCT Flexible Staking product on 4 November, offering 25% APR until 2 December. This incentivizes holding amid high volatility.

What this means:
This is bullish for WCT, as staking reduces sell-side liquidity and aligns with WalletConnect’s push for utility. The program’s success depends on sustained participation, with WCT’s price down 68% since its May 2025 peak.

Conclusion

WCT faces mixed signals: unlocks add supply pressure, but exchange incentives and technical rebounds hint at accumulation. The key question: Can WalletConnect’s infrastructure growth (e.g., 337M+ connections) offset macro headwinds and tokenomics challenges? Monitor staking uptake and Q4 protocol updates.

Deep Dive

1. @CoinbaseAssets: Exchange Listing Catalyst bullish

"Coinbase adds WCT on Optimism – trading begins 14 Aug 2025"
– @CoinbaseAssets (280K followers · 19 likes · 2025-08-13 20:00 UTC)
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What this means: This is bullish for WCT because exchange listings typically improve liquidity and visibility. However, phased trading rollouts could delay full price impact.

2. @WalletConnect: Ecosystem Growth bullish

"WalletConnect powers 600+ wallets, 66K+ apps – now with AI Smart Sessions"
– @WalletConnect (318K followers · 7.6K likes · 2025-08-06 18:24 UTC)
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What this means: This is bullish for WCT because expanding utility (like AI-driven features) could drive demand for governance/staking. Real-world adoption offsets some tokenomics risks.

3. Technical Traders: Oversold Bounce Hopes neutral

"RSI at 28.83 suggests WCT rebound if $0.310 support holds"
– CoinMarketCap community post (2025-08-18 16:01 UTC · 8.0 quality score)
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What this means: This is neutral for WCT because oversold conditions don’t guarantee rallies – watch the $0.30-$0.32 zone for confirmation of buyer conviction.

Conclusion

The consensus on WCT is mixed: bullish momentum from exchange listings and ecosystem growth clashes with bearish supply dynamics (186M/1B tokens circulating). While technicals hint at a rebound, the $0.30 support level and upcoming token unlocks (80% still locked) will likely dictate near-term moves. Watch WalletConnect’s governance adoption rates and whether the 7-day MA ($0.3226) flips from resistance to support.

Deep Dive

1. Onchain Governance Activation (Q1 2026)

Overview:
The WalletConnect Foundation plans to activate cross-chain governance, enabling WCT holders to vote on protocol upgrades, fee structures, and treasury allocations. This follows the token’s recent expansion to Base and Solana, which laid the groundwork for decentralized decision-making.

What this means:
This is bullish for WCT because governance rights could increase token utility and staking demand. However, low voter participation (a common issue in decentralized governance) might dilute the impact.

2. Base Ecosystem Incentives (Q1 2026)

Overview:
WalletConnect will launch incentive programs for developers and users on Base, distributing WCT rewards for app integrations and wallet interactions. This aligns with Base’s institutional adoption push and WalletConnect’s goal to become the default connectivity layer for onchain activity.

What this means:
This is neutral-to-bullish, as incentives could drive adoption but may also increase sell pressure if recipients offload rewards. Success hinges on Base’s growth trajectory, which saw a 284% surge in futures volume last month.

3. Multichain Expansion (2026)

Overview:
WalletConnect aims to deploy WCT on 2–3 additional chains in 2026, prioritizing networks with strong DeFi or institutional activity. The Foundation has hinted at partnerships with chains like Sui and Rootstock to enhance cross-chain interoperability.

What this means:
This is bullish long-term, as multichain presence could amplify WCT’s utility in fee payments and governance. However, technical complexity and regulatory scrutiny around cross-chain bridges pose risks.

Conclusion

WalletConnect Token is prioritizing governance decentralization and ecosystem incentives to solidify its role as Web3’s connectivity backbone. While near-term developments focus on enhancing utility, long-term success depends on balancing multichain growth with sustainable tokenomics. With WCT down 69% from its May 2025 peak, will expanded use cases reignite demand?

Deep Dive

1. Solana Integration & Airdrop (May 2025)

Overview: WalletConnect deployed WCT on Solana using Wormhole’s cross-chain framework, distributing 5M tokens to active users.

This integration leveraged Solana’s low fees and high throughput to broaden WCT’s utility beyond Ethereum and Optimism. The airdrop targeted users of Solana wallets (Phantom, Backpack) and apps (Jupiter, Drift), aiming to incentivize ecosystem participation.

What this means: This is bullish for WCT because multichain exposure could increase demand for governance participation and staking, especially with Solana’s growing DeFi activity. (Source)

2. Transferability Activation (April 2025)

Overview: WCT transitioned from non-transferable to fully transferable tokens on April 15, 2025, via community governance.

The update removed restrictions on moving tokens between wallets/exchanges, aligning with decentralization goals. Previously, tokens were locked to prioritize ecosystem stability and governance participation.

What this means: This is neutral for WCT because while liquidity improved, increased circulation could pressure prices short-term. Long-term, it enables broader utility (e.g., staking on exchanges). (Source)

3. Governance Prep (Roadmap 2025)

Overview: Codebase updates laid the foundation for fee structures and decentralized voting, though these features remain inactive.

The network plans to let WCT holders vote on relay fees and protocol upgrades. Current tokenomics avoid inflation, relying on existing supply and future fee revenue.

What this means: This is bullish for WCT because active governance could enhance token utility and network sustainability, though timing depends on community consensus. (Source)

Conclusion

WalletConnect Token is evolving into a multichain governance asset, with Solana integration and transferability marking key technical milestones. The focus now shifts to activating fee mechanisms and voter participation. Will broader cross-chain adoption offset dilution risks from increased token circulation?