Introduction

The Web3 ecosystem has rapidly matured into a complex, multi-chain universe of decentralized applications (dApps), wallets, and blockchains. Amid this expansion, one fundamental challenge persists: cross-chain interoperability and user experience fragmentation.

WalletConnect, a leading open protocol founded in 2018, has emerged as a critical infrastructure player. It enables seamless, secure connections between wallets and dApps across chains — a function often described as the "socket layer" of Web3. Its native utility and governance token, WCT, plays a central role in incentivizing participation and aligning stakeholders.

With over 15 million active monthly connections, support for 600+ wallets, and integrations into 40,000+ decentralized apps, WalletConnect stands at the convergence of accessibility, user empowerment, and secure on-chain communication. This deep dive explores WCT’s infrastructure role, tokenomics, recent market activity, and provides a professional forecast for its price trajectory through 2030.

What is WalletConnect (WCT)?

WalletConnect is a decentralized, open-source communication protocol that standardizes how users interact with blockchain apps. Rather than requiring custom integrations or browser extensions like MetaMask, WalletConnect lets users scan a QR code or connect through deep linking, securely initiating transactions from mobile, desktop, or web-based wallets.

Key features:

End-to-end encrypted session management
Chain-agnostic protocol compatible with Ethereum, Cosmos, BNB Chain, and more
Support for session persistence, push notifications, and in-wallet dApp browsing
Designed for modular and composable dApp/wallet integrations
User-controlled permissions and token-level granularity for access

WCT is the native token that powers this network through:

Governance voting on protocol upgrades
Staking rewards for infrastructure providers
Fee-based incentives for developers and relayers

By tokenizing engagement and decision-making, WalletConnect transforms from just a connectivity tool into a self-sustaining ecosystem governed by its users.

Market Overview

As of April 16, 2025:

Recent surges in both volume and price reflect a strong shift in market sentiment, likely driven by WCT’s increased visibility on exchanges, protocol upgrade announcements, and broader Web3 growth.

Tokenomics and Utility

WCT serves multiple functions in the WalletConnect network:

Governance: Token holders vote on protocol-level proposals, including fee structures, roadmap priorities, and partnerships.
Fee Economy: Developers and service nodes can receive WCT for facilitating transactions and maintaining infrastructure.
Staking: Long-term holders can stake WCT to support the protocol and receive emissions-based rewards.
Network Bootstrapping: Grants and ecosystem incentives for builders are distributed in WCT.

The token’s utility-first structure makes it more than a speculative asset. It is tied to actual protocol activity — the more connections WalletConnect processes, the more relevance and velocity WCT gains.

Technical Foundation and Ecosystem Role

WalletConnect is currently deployed on the Optimism (Optimistic Ethereum) Layer 2 chain for scalability and lower transaction fees.

The protocol is actively developing:

WalletConnect v3, with multi-chain session support
Intent-based transactions, allowing wallets to send signed intents rather than full transactions
A dedicated L1 or rollup chain powered by WCT for high-performance Web3 messaging

Its role in the ecosystem is foundational:

Used in major wallets like Rainbow, Trust Wallet, Argent, MetaMask Mobile
Integrated in top dApps including Uniswap, OpenSea, Aave, Zapper
Acts as a neutral bridge layer for mobile Web3 access

Market Positioning and Competitive Edge

WalletConnect competes indirectly with:

Proprietary wallet-browser integrations (e.g., MetaMask Extension)
Messaging protocols like XMTP or Push Protocol
Emerging interoperability solutions like LayerZero

Why WCT stands out:

Protocol-agnostic, not locked into Ethereum or any one chain
Massive adoption across wallets and dApps
Open source and developer-friendly
Actual usage volumes surpass many Layer 1 chains

As Web3 increasingly shifts toward mobile-first and multichain experiences, WalletConnect is uniquely positioned to scale with the ecosystem rather than compete against it.

Advantages of WCT: Strengths and Strategic Edge

Pros: Why WCT Stands Out

1. Mass Adoption as Core Infrastructure

WCT is tied directly to WalletConnect, a protocol already integrated across 600+ wallets and 40,000+ dApps. This adoption isn't speculative — it’s utility-based and measurable. Its protocol is now as fundamental to Web3 as HTTPS is to the traditional internet.

2. Chain-Agnostic & Developer-Centric

Unlike many tokens tied to a single Layer 1 ecosystem, WCT operates across chains — from Ethereum to Cosmos — offering developers a universal standard for wallet interaction. This wide compatibility provides resilience against single-chain market shocks.

3. Real Network Effects and Ecosystem Lock-in

With WalletConnect’s position as the "connection layer" in decentralized finance and NFT platforms, the switching cost is high. Once wallets and dApps are integrated, they rarely change protocols. This sticky user base protects WCT’s underlying demand.

4. Token Utility Beyond Speculation

WCT is not just a governance token. It offers staking, fee-based utility, and a role in future WalletConnect-native services like notifications, session history, and message relays — creating multiple value accrual points.

Cons: Risks and Limitations

1. High Token Supply and Potential Dilution

With a total supply of 1 billion tokens, and a market cap still under $150M, there's potential for future dilution as circulating supply increases. Investors should monitor unlock schedules and emission plans closely.

2. Strong Competitor Ecosystem

Though WalletConnect dominates today, other interoperability players like LayerZero, XMTP, and Socket Protocol are evolving quickly. The competitive edge may erode if WalletConnect fails to ship key roadmap features like native intent handling or Layer 1 migration.

3. Governance Centralization Risk

While WCT empowers token-based governance, early investors or ecosystem partners may hold large token portions, potentially leading to centralized control over protocol upgrades unless mitigated with DAO transparency.

4. Market Sensitivity to Crypto Cycles

As with most infrastructure tokens, WCT’s price is heavily influenced by the broader crypto market. In bear cycles, even strong utility tokens can drop 80%+ — making long-term holding a test of conviction and timing.

Future Outlook: 2025 and Beyond

WalletConnect’s strategic trajectory suggests a move toward becoming its own Layer 1 or Rollup-as-a-Service (RaaS) platform. This transition would allow it to host native apps, enable faster communication layers, and settle protocol usage fees directly in WCT — massively expanding its on-chain economy.

Several trends support bullish long-term prospects:

Multichain ecosystems (e.g., Cosmos, Avalanche Subnets, Polygon CDK) demand wallet-level interoperability — a niche WalletConnect already dominates.
Mobile-first Web3 is rising in adoption, and WalletConnect is by far the preferred mobile session manager.
Protocol revenue models are shifting toward value capture — and WCT's fee-based design aligns well with this shift.

If WalletConnect succeeds in decentralizing its governance, launching its own high-speed messaging layer, and embedding WCT deeper into protocol logic, then by 2030, WCT could become one of the top infrastructure tokens in terms of adoption and value accrual.

Price Performance Analysis

Recent activity indicates strong upside pressure:

The sharp 24H move (+35.9%) was accompanied by a volume explosion of over 2,288%, indicating institutional accumulation or major whale activity. While this momentum may cool, such spikes often precede long-term trend shifts.

In terms of fiat pairings, WCT has broken resistance across multiple currencies:

0.5493 BMD (USD equivalent)
2.02 AED
658.23 ARS

WCT Price Forecast (2025–2030)

1. Technical Model: Trend Continuation

Assumes price follows log-scale curve based on historical growth trajectory.

WCT Price Forecast Models Explained (2025–2030)

To estimate WalletConnect Token (WCT)’s potential valuation over the next five years, we apply three distinct pricing models commonly used in financial forecasting: Technical Trend Extension, Network Adoption via Metcalfe’s Law, and Protocol Revenue-Based DCF. Each model brings its own logic, assumptions, strengths, and limitations, allowing for a multidimensional understanding of WCT's future.

1. Technical Trend Extension Model

Overview

This model projects WCT’s price based on historical performance patterns, specifically by fitting a logarithmic growth curve to prior price action. This approach assumes that WCT, like Bitcoin or Ethereum in early years, may follow a diminishing returns pattern as it gains maturity and market cap.

Methodology

Logarithmic regression is applied to WCT’s historical price from its all-time low ($0.0028 in April 2023) to current levels.
Support and resistance levels are calculated using Fibonacci extension tools.
Growth trajectory is then extrapolated across future years, adjusted for volatility using Bollinger Band-style bands around the core log line.

2. Metcalfe Model (User-Based Valuation)

Assumes token value ∝ square of number of monthly active users.

Overview

This model uses network effects theory, specifically Metcalfe’s Law, which states that a network’s value is proportional to the square of its number of active users. Since WalletConnect’s core utility depends on its role as a session bridge between users and applications, user growth directly impacts token value.

Methodology

Project WalletConnect’s monthly active users (MAU) across future years based on current trends and ecosystem integration.
Apply the formula: Value ∝ (Number of Users)^2
Normalize value to WCT token price using current market cap and supply metrics.

3. Protocol Revenue DCF Model

Assumes WCT accrues value from protocol fees and ecosystem staking.

Overview

This model estimates WCT’s value by projecting protocol revenue and calculating the fair value per token using a simplified Discounted Cash Flow (DCF)-like model, adjusted for crypto tokenomics.

Methodology

Project future protocol revenues generated via staking, connection fees, or WalletConnect-native features.
Apply a token velocity factor (how often each token circulates per year) to simulate money supply and demand.
Estimate fair token value as:Token Value = Protocol Revenue / Token Velocity / Circulating Supply

Consolidated Forecast Table

📌 Note: These projections assume continued adoption, no severe regulatory shocks, and stable global market conditions.

How to Buy WCT on CoinEx

Create a CoinEx Account: Sign up at coinex.com
Deposit Crypto or Fiat: You can fund your account via USDT, BTC, or supported fiat onramps.
Search for WCT: Go to “Markets” → type in “WCT/USDT”.
Trade: Place a market or limit order depending on your investment strategy.
Optional: Use advanced trading features or set alerts for future price targets.

Project Overview

Core Use Cases：Session bridging between wallets and dApps, governance, staking, fee utility
Website：walletconnect.network
Explorer：Optimistic Etherscan
Major Listings：CoinEx
X：WalletConnect
Telegram：WalletConnect

Conclusion

WalletConnect Token (WCT) is more than just a governance asset — it is the fuel behind one of the most widely-used middleware layers in the Web3 stack. From dApp sessions and cross-wallet connectivity to governance-driven evolution, WCT is both utility and signal in a maturing ecosystem.

As Web3 grows beyond Ethereum and becomes a true multichain frontier, WalletConnect’s core use case only becomes more essential. For investors and builders alike, WCT offers a rare combination of real usage, token-driven governance, and infrastructure-first innovation.

Those who understand infrastructure wins — and WalletConnect may be one of the biggest winners yet.

WalletConnect Token (WCT) Price Prediction 2025, 2026-2030