Deep Dive
1. WalletConnect Pay Expansion (31 March 2026)
Overview: This update significantly widened the compatibility of WalletConnect Pay, a service that facilitates onchain transactions. It means users of more wallet apps can now easily make payments directly through connected dApps.
The expansion was announced live at WalletCon Cannes 2026, indicating a major push to grow its payment network. By integrating with more wallets, WalletConnect aims to capture more transaction fee revenue, which is designed to flow back to stakeholders like wallets and end-users through rewards.
What this means: This is bullish for WCT because a more widely adopted payment network generates more transaction fees. These fees can fund user rewards and increase the utility and demand for the WCT token, which sits at the center of this economic model.
(WalletConnect)
2. Smart Sessions Launch (5 June 2025)
Overview: This technical improvement introduced "Smart Sessions," which allow users to grant secure permissions for apps or AI agents to perform automated actions on their behalf. For everyday users, this means fewer disruptive wallet pop-ups for each transaction.
The feature is a key part of WalletConnect's roadmap to improve the onchain user experience. It enables real automation, which is particularly valuable for smoother mobile interactions and could drive higher transaction volumes across the network.
What this means: This is bullish for WCT because it makes using dApps more convenient and efficient. Higher user engagement and transaction volume can increase the usage of the WalletConnect network, potentially boosting the utility and value accrual of the WCT token over time.
(Blockworks)
Conclusion
WalletConnect's development trajectory is clearly focused on enhancing utility through payment infrastructure and user experience automation. How will the rollout of these features impact the network's total transaction volume and fee generation in the coming quarters?