Latest WalletConnect Token (WCT) News Update

By CMC AI
13 June 2026 01:16AM (UTC+0)

What are people saying about WCT?

TLDR

Traders are cautiously optimistic about WCT, eyeing a return to $1 but wary of looming supply unlocks. Here’s what’s trending:

  1. Bullish chatter targets $1, citing past rallies and WalletConnect's essential Web3 role.

  2. A detailed analysis warns of inflation risk, with over 80% of the 1B token supply still locked.

  3. Technical setups highlight an oversold RSI near 29, suggesting a potential short-term rebound.

  4. Official news of Coinbase adding WCT to its roadmap fuels adoption hopes.

Deep Dive

1. @CoinbaseAssets: WCT Added to Coinbase Roadmap bullish

"Assets added to the roadmap today: WalletConnect Token (WCT)... The launch of trading... will be announced separately." – @CoinbaseAssets (275K followers · 13 August 2025 08:00 PM UTC) View original post What this means: This is bullish for WCT because a potential Coinbase listing would significantly boost liquidity, accessibility, and institutional credibility for the token.

2. Community Analysis: Assessing Supply & Market Cap Volatility mixed

"90% of the supply isn't yet in circulation... It's a coin with high volatility." – Community Post (13 July 2025 01:12 PM UTC) View original post What this means: This is a cautionary, mixed signal for WCT because while long-term potential is acknowledged, the massive upcoming supply unlocks pose a persistent overhang that could suppress price appreciation if demand doesn't keep pace.

3. Technical Outlook: Oversold RSI Hints at Rebound bullish

"RSI (28.83) is in the oversold region, suggesting a potential rebound is forming." – Community Post (18 August 2025 04:01 PM UTC) View original post What this means: This is bullish for WCT in the short term because an oversold RSI indicates selling pressure may be exhausted, often preceding a technical bounce, especially if price holds key support near $0.3105.

Conclusion

The consensus on WCT is mixed but leans cautiously bullish. Long-term believers highlight its foundational utility in connecting 600+ wallets and 66K+ dApps, while pragmatic traders fixate on the supply schedule's inflationary risk. The path to $1 depends on whether ecosystem growth and new listings can outpace the steady token unlocks. Watch the monthly circulating supply increases against network usage metrics like total connections to gauge real demand.

What is the latest news on WCT?

TLDR

WalletConnect Token's recent news balances steady ecosystem growth with looming supply inflation. Here are the latest developments:

  1. Revised Token Schedule (30 January 2026) – Project updated its month-end circulating supply forecast through 2028.

  2. PrimeXBT Exchange Listing (18 December 2025) – WCT was added among 23 Solana tokens on the platform's wallet.

  3. Major Token Unlock (25 November 2025) – A one-time release of 10.06M WCT added sell pressure.

Deep Dive

1. Revised Token Schedule (30 January 2026)

Overview: The WalletConnect team published a corrected month-end schedule for the maximum estimated circulating supply of WCT from January 2026 through November 2028. The update accounts for the token's launches on Solana and Base networks and changes in staking pools. Circulating supply is projected to rise from 400.1M in May 2026 to the full 1B tokens by November 2028 (static.upbit.com).

What this means: This is neutral to bearish for WCT because it provides transparency but confirms significant token inflation ahead. The predictable, linear increase in supply could create persistent sell pressure if new demand doesn't keep pace.

2. PrimeXBT Exchange Listing (18 December 2025)

Overview: PrimeXBT expanded its Crypto Wallet support to include WCT alongside 22 other Solana-based tokens. This integration allows users to deposit, withdraw, and exchange WCT directly on the platform, increasing its accessibility (PrimeXBT).

What this means: This is bullish for WCT as it broadens the token's distribution channels and enhances liquidity. Listings on established trading platforms typically improve visibility and can attract new users to the ecosystem.

3. Major Token Unlock (25 November 2025)

Overview: Data from Token Unlocks indicated a significant one-time unlock of approximately 10.06 million WCT tokens on 25 November 2025. This release represented about 10.07% of the total supply and was valued at roughly $11.6 million at the time (Weex).

What this means: This event was bearish for WCT in the short term, as large unlocks often lead to increased selling pressure from early investors and team members. The market had to absorb this new supply, which likely contributed to price volatility.

Conclusion

WCT's trajectory is being shaped by strategic exchange integrations that boost utility, countered by a clear schedule of future token releases that may dampen price appreciation. Will growing adoption and use cases outpace the inflationary supply schedule?

What is the latest update in WCT’s codebase?

TLDR

WalletConnect's codebase has evolved to enable broader token utility and cross-chain functionality.

  1. Token Transferability Enablement (15 April 2025) – WCT tokens became fully movable between wallets, unlocking liquidity and trading.

  2. Multi-Chain Expansion to Solana (23 May 2025) – The protocol deployed on Solana using Wormhole, becoming a chain-agnostic bridge.

  3. Governance Tools Activation (3 June 2025) – New tools were announced to let WCT holders vote on network proposals and incentives.

Deep Dive

1. Token Transferability Enablement (15 April 2025)

Overview: This update removed the initial restriction that prevented WCT tokens from being sent between wallets. It transformed the token from a governance and staking instrument into a fully liquid asset.

The change was enacted through community governance, marking a shift from a controlled launch phase to an open, decentralized model. The codebase was updated to allow standard token transfers on the Optimism network, where WCT initially launched.

What this means: This is bullish for WCT because it allows holders to freely trade, provide liquidity, and move tokens to exchanges. It converts theoretical governance power into real, tradeable value, likely increasing overall market activity and holder engagement. (Source)

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

Overview: This major integration deployed the WCT token on the Solana blockchain, making it a native multi-chain asset. It used Wormhole's framework for secure cross-chain communication.

The update required significant protocol development to ensure compatibility with Solana's high-throughput architecture and to enable seamless user connections across Ethereum, Optimism, and Solana.

What this means: This is bullish for WCT because it drastically expands the token's usable ecosystem. Users on Solana's fast, low-cost network can now interact with WCT, potentially driving new demand from one of crypto's largest communities and solidifying WalletConnect as the default web3 connection standard. (Source)

3. Governance Tools Activation (3 June 2025)

Overview: This announcement outlined plans to activate enhanced on-chain governance tools, giving WCT holders more direct control over network upgrades, fee structures, and reward distributions.

While full technical details weren't provided, such tools typically involve smart contract updates for proposal submission, voting mechanisms, and automated execution of passed decisions.

What this means: This is neutral-to-bullish for WCT because it empowers the community to steer the protocol's future. A well-governed network can adapt faster and align better with user needs, though it also introduces complexity and requires active participation to be effective. (Source)

Conclusion

WCT's development trajectory shows a clear pivot from a restricted launch to an open, community-governed, and multi-chain utility token. How will the balance between expanding utility and managing token supply inflation shape its next phase?

What is next on WCT’s roadmap?

TLDR

WalletConnect's development continues with these milestones:

  1. Launch Total Value Facilitated Metrics (2025–Ongoing) – Public dashboard to track network activity, boosting transparency and token utility.

  2. Expand WCT to More Blockchains (2025–Ongoing) – Multi-chain deployment to increase accessibility and drive cross-chain adoption.

  3. Introduce Community Fee Proposals (Near-Term) – Governance process to activate network fees, creating a sustainable revenue model.

  4. Enable Permissionless Node Operations (Long-Term) – Decentralize network infrastructure to enhance resilience and community participation.

Deep Dive

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

Overview: A key roadmap item is the public launch of Total Value Facilitated (TVF) metrics (Blockworks). This dashboard will transparently track the billions in value moving through WalletConnect's network of connections, serving as a key health indicator.

What this means: This is bullish for WCT because it provides verifiable, on-chain proof of the network's utility and scale, which could strengthen investor confidence. Increased transparency might attract more developers and projects, potentially driving higher demand for WCT to pay for network services.

2. Expand WCT to More Blockchains (2025–Ongoing)

Overview: Following its launches on Ethereum, Optimism, and Solana, the roadmap includes expanding WCT to additional blockchains (Blockworks). This multi-chain strategy aims to make the token and its utilities accessible across the broader ecosystem.

What this means: This is bullish for WCT because it directly increases the token's addressable market and utility. Expansion to new chains can drive user adoption from those ecosystems, increase transaction volume, and solidify WalletConnect's position as the default connectivity layer for web3.

3. Introduce Community Fee Proposals (Near-Term)

Overview: The network currently operates without fees, but a near-term goal is for the community to propose, discuss, and implement a fee structure through governance (WalletConnect Blog). The proposed model involves a Monthly Active User (MAU) fee for the connection service, payable in WCT.

What this means: This is critically bullish for WCT because it would activate a fundamental utility and create a sustainable economic model for the network. Demand for WCT to pay fees could become a significant price driver, transforming the token from a governance asset into a productive, cash-flow-generating asset.

4. Enable Permissionless Node Operations (Long-Term)

Overview: A longer-term strategic initiative is transitioning to a permissionless model for node operators (Blockworks). This would allow anyone to run relay infrastructure, further decentralizing the network and enhancing its censorship resistance and uptime.

What this means: This is bullish for WCT because it deepens the network's decentralization, a key value proposition in web3. A robust, community-run infrastructure could make the network more attractive to institutional users and dApps, potentially increasing usage and the value accrual to WCT stakers and governors.

Conclusion

WalletConnect's roadmap is strategically focused on decentralizing its infrastructure, activating its token economy with fees, and proving its scale through transparency—a maturation path from a useful protocol to a sustainable, community-owned network. How will the activation of network fees impact WCT's correlation with overall network growth?

CMC AI can make mistakes. Not financial advice.