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.
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?