WalletConnect raised $11 M in a Series A round on 2022-03-07.

In the Web3 environment where multiple chains coexist, cross-chain connectivity has become an indispensable core requirement. WalletConnect, as a widely popular connection protocol, has served tens of millions of users and numerous decentralized applications. This protocol enables the secure interconnection of assets, identification, and data across various blockchains, greatly enhancing user experience and simplifying the development process. With the rapid growth of Blockchain activities, the network calls and resource consumption faced by WalletConnect are also continuously rising. To ensure the sustainability of services, WCT has emerged. WCT is not only a certificate for participating in governance but also an important tool for sharing protocol revenues. Through a staking mechanism, the earnings of holders are directly linked to network activity, creating a virtuous cycle. More importantly, the future development direction of WalletConnect will be determined by the community through proposals and voting. This innovative model transforms this infrastructure from a closed system into an open, transparent, consensus-driven public resource. This change enables WalletConnect to respond more swiftly to market demands and maintain its leading position in the industry. For investors, WCT represents a long-term investment in cross-chain infrastructure. Its value stems not only from the scarcity of the token itself but also from WalletConnect's unique position and irreplaceability within the entire crypto ecosystem. As the demand for cross-chain solutions continues to grow, the importance of WalletConnect and WCT may further increase, making a greater contribution to the development of the Web3 ecosystem.

Recently, WalletConnect has continued to innovate in the Web3 connection space, launching a series of significant updates that greatly enhance the functionality and user-friendliness of its ecosystem. As one of the important measures, WalletConnect has teamed up with 1inch to launch a new token reward program. This program has opened an airdrop of 50,000 WCT tokens on the Solana network, aimed at incentivizing users to participate in trading activities, thereby promoting the proliferation of decentralized trading. This initiative has achieved significant results, attracting a large number of users to participate and noticeably increasing trading volume. On a technical level, WalletConnect has undergone an optimization upgrade to its 2.0 version. The new version focuses on improving privacy protection features, including enhanced end-to-end encryption technology and more flexible user data control options, responding to the growing demand for security from users. The platform has also expanded its integration with Phantom and xPortal, now supporting over 600 wallets and certification for 67,000 projects, setting new records for connectivity. Meanwhile, WalletConnect has collaborated with Trust Wallet to launch a deep linking feature optimized for mobile, greatly simplifying the first connection process for new users and enhancing the accessibility of Web3 applications. To support the developer community, WalletConnect has introduced multi-chain gas fee sponsorship features in its AppKit and WalletKit SDKs. This innovative initiative helps lower the entry barrier for users and provides dApp developers with more tools to attract and retain users. Through these positive changes, WalletConnect is driving the standardization and decentralization of Web3 connections, creating more value for the entire ecosystem. These innovations not only bring unprecedented convenience to Web3 users but also solidify WalletConnect's leadership position in the digital connectivity space. As these advancements continue to progress, we can expect to see Web3 technology deployed and popularized in a wider range of application scenarios.

Recently, WCT has become a hot topic in the crypto assets market, but many people may not fully understand the true strength behind it. In fact, WCT is not just a simple speculative Token, but a project officially launched by the renowned WalletConnect team. The CEO of WalletConnect, Jess Houlgrave, and founder Pedro Gomes are leading this project. It is worth mentioning that Pedro Gomes is the key figure who transformed the WalletConnect protocol into the 'universal interface' for Web3 wallets. The project has also established the WalletConnect Foundation, which is specifically responsible for the development and governance of the ecosystem. This indicates that WCT is not just a short-term project, but rather an ecosystem Token with long-term planning. What is even more striking is the investment background of WCT. Top venture capital firms such as 1kx, Coinbase Ventures, USV, Semantic Ventures, and Zerion have all participated. Over the past year, the project has raised a total of $23.5 million in funding. This not only proves the strength of the project team but also demonstrates the investors' confidence in its future. Therefore, if you encounter WCT in Binance's Creator event, you should not see it merely as a marketing campaign. In fact, this is an infrastructure project that has been in operation for many years, and it is now officially launching a tokenized 'governance + incentive' model. As for whether WCT is worth holding long-term, the key lies in whether you believe it can expand the Web3 connectivity network to more blockchains and applications. With the continuous development of Web3 technology, WCT's potential may become more apparent. However, investors still need to carefully assess the risks and make informed investment decisions.

Recently, WalletConnect's influence in the Web3 space has garnered widespread attention. As the core infrastructure connecting wallets and decentralized applications ( dApps ), WalletConnect has successfully built a vast ecosystem that seamlessly connects over 600 wallets with more than 67,000 dApps. This convenient connection method greatly lowers the threshold for users to enter the Web3 world. For example, users can easily connect their Phantom Wallet to popular DeFi platforms like Uniswap by simply scanning a QR code. The entire process is safe and fast, significantly enhancing the user experience. The influence of WalletConnect is reflected in its astounding usage data. As of July 2025, the platform has completed over 337 million connections, serving more than 47.5 million users, including over 50 million unique wallet addresses. These numbers clearly demonstrate WalletConnect's key position in the Web3 infrastructure. It is worth mentioning that WalletConnect has also launched the WalletGuide certification system, which selects reliable wallet service providers for users, such as BitPay and Fireblocks, effectively enhancing the security and credibility of the ecosystem. The native token of WalletConnect, $WCT, has also been warmly welcomed by the community. The platform offers a flexible staking mechanism, allowing users to choose staking periods ranging from 1 week to 2 years, with an annual yield rate of up to 23%. As of now, more than 59,000 users have locked in 123 million $WCT, fully reflecting the community's confidence in the project. In addition, WalletConnect is continually innovating, launching development tools such as Reown WalletKit, aimed at further optimizing the developer experience and paving the way for the future development of Web3. Overall, WalletConnect is reshaping the way Web3 connects, providing users with a more convenient and secure blockchain interaction experience, and is expected to play a more important role in the future wave of Web3.

In today's rapidly evolving blockchain technology, cross-chain interoperability has become a key focus for industry development. The $WCT project, with its innovative Decentralization bridging technology, is providing a promising solution to the "island" problem in the blockchain world. This technology allows for the efficient and low-cost seamless transfer of assets across different blockchain networks, effectively enhancing the liquidity and efficiency of the entire ecosystem. The breakthrough of this technology with $WCT not only addresses one of the biggest challenges currently faced by the blockchain industry but also paves the way for the widespread implementation of blockchain applications in the future. From the perspective of community development, the $WCT project demonstrates good vitality. Frequent discussions about new application scenarios emerging in the developer community are gradually building a rich and diverse ecosystem. This continuous atmosphere of innovation injects strong momentum for the long-term development of the project. In terms of the market, the current valuation of $WCT does not seem to fully reflect its potential value. Technical analysis indicates that the project may be in an accumulation phase, which provides potential entry opportunities for investors. However, investors still need to carefully assess risks and make informed decisions. The broader industry trends also provide a favorable environment for the development of the $WCT project. According to reports, the total locked value of cross-chain protocols has surpassed $8 billion, highlighting the huge demand in the market for such solutions. This trend will undoubtedly bring significant development opportunities for projects like $WCT. In summary, the $WCT project, with its solid technological foundation and precise grasp of industry pain points, occupies a favorable position in the rapidly developing field of cross-chain interoperability. As blockchain technology continues to evolve, the development trajectory of $WCT is worthy of ongoing attention from industry professionals and investors.