Gate News Bot Message, December 19th, according to CoinMarketCap data, as of press time, WCT (WalletConnect Token) is reported at $0.07, up 12.54% in the past 24 hours, with a high of $0.08 and a low of $0.07. The 24-hour trading volume reached $62.2 million. The current market capitalization is approximately $22.7 million, an increase of $2.53 million from yesterday.
WalletConnect is the connection layer of the financial internet, driven by over 20 world-class node operators, more than 700 wallets, over 80,000 applications, and millions of users, forming a decentralized infrastructure that transfers billions of dollars worth of value each month.
WCT is the native token of the WalletConnect Network, used to secure the network through staking, rewards, fees, and governance. Wallets can access over 80,000 applications with a single integration, reducing technical costs by 99%, and gaining trust from custodial wallets, self-custody wallets, mobile wallets, and hardware wallets. WalletConnect’s ecosystem partners span thousands of on-chain projects, making it one of the most active and open ecosystems in the crypto space.
Recent important news about WCT:
1️⃣ Cross-chain Ecosystem Expansion and Solana Ecosystem Collaboration
WalletConnect has launched a plan to airdrop 5 million WCT on the Solana ecosystem, which helps strengthen WCT’s liquidity and user base on the Solana chain. As the Solana ecosystem continues to thrive, such incentives can effectively attract more Solana users to participate in the WalletConnect network, reinforcing its position as a cross-chain infrastructure and providing real support for the token’s value.
2️⃣ Enhanced Infrastructure Status and Increased Market Recognition
As the connection layer of the crypto financial internet, WalletConnect’s advantage of connecting over 80,000 applications and more than 700 wallets continues to stand out. The scale and network effects of this ecosystem provide a solid fundamental support for the token, and market recognition of its connection infrastructure value has increased, driving recent price upward.
This message is not investment advice. Investors should be aware of market volatility risks.
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