Latest WalletConnect Token (WCT) News Update

By CMC AI
19 May 2026 01:39AM (UTC+0)

What is the latest news on WCT?

TLDR

WCT's news mix shows steady ecosystem growth tempered by supply pressures. Here are the latest updates:

  1. WalletConnect Pay Expands (31 March 2026) – Payment feature gains wider wallet support, boosting utility and user reach.

  2. Significant Token Unlock (25 November 2025) – 10.06 million WCT entered circulation, creating potential near-term selling pressure.

  3. Post-Unlock Price Surge (17 November 2025) – Token rallied 18% after unlock, indicating strong market absorption.

Deep Dive

1. WalletConnect Pay Expands (31 March 2026)

Overview: WalletConnect announced at WalletCon Cannes 2026 that its WalletConnect Pay feature is now supported across a broader range of wallets. This expansion aims to streamline on-chain payments by enabling users to make transactions directly from connected applications without leaving the interface. What this means: This is bullish for WCT because it directly enhances the token's ecosystem utility and could drive increased transaction volume through the network. Wider adoption of Pay strengthens WalletConnect's position as a critical infrastructure layer for the on-chain economy. (WalletConnect)

2. Significant Token Unlock (25 November 2025)

Overview: Data from Token Unlocks showed WCT underwent a scheduled unlock of approximately 10.06 million tokens on 25 November 2025. This release represented about 10.07% of the total token supply, valued at roughly $11.6 million at the time, significantly increasing circulating liquidity. What this means: This is a neutral-to-bearish near-term event for WCT because such unlocks typically introduce sell-side pressure as early investors and team members gain access to tokens. The market's subsequent ability to absorb this new supply became a key test. (BlockBeats News)

3. Post-Unlock Price Surge (17 November 2025)

Overview: Following its mid-November unlock, WCT's price rose 18.15% in 24 hours, defying typical post-unlock weakness. Analysis at the time noted the token broke above key moving averages with a positive MACD, suggesting strong bullish momentum and effective market absorption of the new supply. What this means: This is bullish for WCT as it demonstrated robust demand that outweighed the unlock's dilutive effect. The positive price action indicated investor confidence in the project's fundamentals and a potential shift in token dynamics. (Binance News)

Conclusion

WCT is navigating a path of growing utility against the backdrop of token supply releases, with recent price resilience suggesting solid underlying demand. Will continued product expansion like WalletConnect Pay be enough to sustainably offset future vesting schedules?

What are people saying about WCT?

TLDR

Traders are eyeing WCT's deep discount from its all-time high, betting on its essential Web3 role for a comeback. Here’s what’s trending:

  1. Bullish price targets center on a return to $1, fueled by past performance and broad adoption.

  2. Major exchange listings like Coinbase are seen as key catalysts for legitimacy and liquidity.

  3. The Solana expansion and associated airdrop generated significant buzz and buying pressure.

  4. Technical traders are mapping a path to recovery, watching key support and resistance levels.

  5. A cautious undercurrent highlights concerns over future token unlocks and supply inflation.

Deep Dive

1. @WalletConnect: Announcing expansion of WalletConnect Pay bullish

"WalletConnect Pay just got a lot BIGGER... now supported across a range of wallets." – @WalletConnect (316.8K followers · 2026-03-31 09:30 UTC) View original post What this means: This is bullish for WCT because it demonstrates ongoing product development and ecosystem growth, which could drive increased utility and demand for the token as the network facilitates more value transfer.

2. @CoinbaseAssets: WCT listing on Coinbase goes live bullish

"WalletConnect Token (WCT) is now live on & in the Coinbase iOS & Android apps." – @CoinbaseAssets (276.3K followers · 2025-08-14 16:15 UTC) View original post What this means: This is bullish for WCT because a listing on a top-tier exchange like Coinbase significantly improves accessibility, liquidity, and institutional credibility, often acting as a catalyst for price discovery.

3. Community Analyst: Mapping WCT's technical recovery path bullish

"Currently, WCT/USDT is trading at $0.3152... RSI (28.83) is in the oversold region, suggesting a potential rebound is forming." – CoinMarketCap Community (2025-08-18 16:01 UTC) View original post What this means: This is bullish for WCT because an oversold RSI indicates that selling pressure may be exhausted, setting the stage for a potential technical bounce if price holds above key support at $0.3008–$0.3105.

4. Community Analyst: Cautious optimism on supply unlocks 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." – CoinMarketCap Community (2025-07-20 04:46 UTC) View original post What this means: This is mixed for WCT because while the project's fundamentals are strong, the large portion of locked supply presents a future inflation risk that could dampen price appreciation if demand doesn't keep pace.

Conclusion

The consensus on WCT is cautiously bullish, balancing strong fundamental utility as a critical Web3 bridge with near-term technical and supply concerns. The community is largely optimistic about its long-term potential, especially following major exchange integrations, but remains watchful of key support levels and upcoming token unlock schedules. Monitor the circulating supply, which is set to increase from future unlocks, as a key metric for assessing sell-side pressure.

What is next on WCT’s roadmap?

TLDR

WalletConnect's development continues with these milestones:

  1. Enable Full Token Transferability (2026) – Community governance to decide final timeline for unlocking WCT transfers between wallets.

  2. Implement Community Fee Proposals (Near-term) – Introduction of network usage fees paid in WCT, determined through decentralized governance.

  3. Expand WCT to More Blockchains (2026) – Strategic multi-chain deployment to increase utility and accessibility across ecosystems.

  4. Launch Total Value Facilitated Metrics (2026) – Public dashboard to track the economic value flowing through the WalletConnect network.

Deep Dive

1. Enable Full Token Transferability (2026)

Overview: While WCT is tradeable on exchanges, its on-chain transferability between user wallets is not yet fully enabled. The WalletConnect Foundation states that transitioning to full transferability will be based on specific, community-agreed milestones indicating network readiness. This is a key step toward complete decentralization. What this means: This is bullish for WCT because enabling seamless transfers is foundational for deeper liquidity, user-controlled governance participation, and broader ecosystem integration. The measured, community-driven approach aims to ensure a stable and secure rollout.

2. Implement Community Fee Proposals (Near-term)

Overview: The network currently operates without fees. The roadmap includes introducing a fee structure for relay services, likely based on a Monthly Active User (MAU) model, where fees would be paid in WCT. The WalletConnect Foundation notes the timeline is not fixed and will be proposed, discussed, and decided by token holders through governance. What this means: This is bullish for WCT because it would create a direct utility-driven demand sink for the token, linking network usage to token value. It also represents a major step in achieving long-term protocol sustainability through decentralized economic flow.

3. Expand WCT to More Blockchains (2026)

Overview: Following its launch on Optimism and expansions to Ethereum and Solana, WalletConnect plans to deploy WCT on additional blockchains. This multi-chain strategy is part of its vision to become the universal connectivity layer, as noted in a Blockworks ecosystem update. What this means: This is bullish for WCT because expansion reduces chain-specific risk, captures value from growing ecosystems, and makes the token more accessible to a wider user base, potentially increasing adoption and staking activity.

4. Launch Total Value Facilitated Metrics (2026)

Overview: The team plans to launch a public Total Value Facilitated (TVF) metric, a dashboard tracking the aggregate economic value moving through the WalletConnect network. This initiative, highlighted by Blockworks, aims to provide transparency and underscore the network's critical infrastructure role. What this means: This is neutral to bullish for WCT. Transparent, high-value metrics could bolster investor and developer confidence by quantifying network utility. However, the impact depends on whether the data reveals strong, sustained growth in onchain activity.

Conclusion

WalletConnect's near-term roadmap focuses on activating core token utilities—transferability and fee mechanisms—through community governance, while strategically expanding its multi-chain footprint. How will the transition to a fee-generating network impact WCT's valuation relative to its user growth?

What is the latest update in WCT’s codebase?

TLDR

WalletConnect's recent development focuses on enhancing user experience and expanding utility.

  1. Smart Sessions for Automated Actions (June 2025) – Introduces AI-powered sessions that allow apps to securely transact on a user's behalf, reducing manual confirmations.

  2. Full Token Transferability Unlocked (April 2025) – Enabled WCT holders to freely send tokens between wallets and exchanges, marking a key utility milestone.

  3. New Governance Tools & Chain Expansion (June 2025) – Activated upgraded voting mechanisms and plans to deploy WCT on additional blockchains beyond Ethereum and Solana.

Deep Dive

1. Smart Sessions for Automated Actions (June 2025)

Overview: This update introduces "Smart Sessions," which allow users to grant secure permissions for apps or AI agents to perform automated onchain transactions. For everyday users, this means fewer wallet pop-ups and a smoother experience for repetitive actions.

The feature uses AI to understand user intent, enabling automated actions like recurring payments or complex DeFi strategies without requiring manual approval for every step. It's designed to work across the 66,500+ integrated apps, aiming to increase overall transaction volume and utility for the WCT token.

What this means: This is bullish for WCT because it makes the onchain experience significantly faster and more convenient for millions of users. By reducing friction, it could drive higher adoption of WalletConnect-powered apps, which in turn increases the network's value and the demand for its native token. (Blockworks)

2. Full Token Transferability Unlocked (April 2025)

Overview: This fundamental protocol update changed WCT from a non-transferable token to a fully liquid asset. Users can now freely move their tokens between wallets and trade them on supported exchanges.

The change was executed after community governance discussions and marked the end of an initial stabilization period. It transitioned the token's utility beyond just governance and staking, integrating it into the broader crypto economy.

What this means: This is bullish for WCT because it unlocks essential liquidity and utility. Free transferability is a basic requirement for any asset to be widely traded and used, removing a major barrier for new investors and ecosystem participants. (WalletConnect Docs)

3. New Governance Tools & Chain Expansion (June 2025)

Overview: This update involved activating enhanced governance tools for WCT holders and announcing a roadmap to expand the token's presence to more blockchains. It gives the community more direct control over the network's future development.

The plans include launching token-based incentive campaigns, improving staking mechanics, and attracting more node operators. The multi-chain expansion strategy aims to make WCT a ubiquitous asset across the Web3 ecosystem.

What this means: This is bullish for WCT because it deepens community ownership and broadens the token's reach. More chains mean more potential users and use cases, strengthening the network's overall resilience and utility over the long term. (OKX)

Conclusion

WalletConnect's development trajectory is clearly oriented toward improving real-world usability and decentralizing control, with Smart Sessions easing interaction pain points and governance updates empowering the community. As these features mature, how will the balance between user convenience and decentralized security evolve?

CMC AI can make mistakes. Not financial advice.