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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Holds Strong at $70,000! On-Chain Data Reveals "Collective Selling Wave," Retail Investors Emerge as Biggest Selling Pressure
Under Middle East geopolitical tensions, Bitcoin faced widespread selling pressure, particularly from retail holders. According to Glassnode data, the market is experiencing heavy selling pressure, with the accumulated trend score declining to 0.04, indicating that retail and small-to-medium investors are reducing their positions significantly. Despite this, Bitcoin's resilience against the decline has surprised market observers.
区块客23m ago
Dogecoin Slides Despite Elon Musk Reviving DogeFather Persona
Key Insights
Elon Musk’s DogeFather post sparked attention, yet Dogecoin’s price declined, showing limited market reaction despite strong social media engagement and renewed community discussion.
Dogecoin traded near $0.093 after a failed recovery attempt, with steady volume and moderate
CryptoFrontNews48m ago
Bittensor Holds Strength but Faces Resistance Near $285 Level
Key Insights:
Bittensor maintains strong short-term momentum above key averages, while ETF developments and high staking levels continue shaping liquidity and investor demand dynamics.
Overbought technical indicators signal stretched conditions, even as bullish momentum persists,
CryptoFrontNews54m ago
Hyperliquid Price Jumps 22% as Commodity Trading Hits Record
Key Insights:
Hyperliquid surged over 20% weekly, driven by record commodity futures trading volumes, especially oil and silver contracts, gaining strong traction among traders.
Whale activity surpassed $3.6 billion in leveraged positions, boosting liquidity and reinforcing upward momentum a
CryptoFrontNews57m ago
Weekly Report: Gold Breaks Below $4,500! Crude Oil Surges Past $110, But Bitcoin Rallies and Outperforms Gold
Escalating tensions in the Middle East and the Federal Reserve's hawkish stance have impacted global financial markets. Gold plummeted more than 10% this week, marking its worst performance since 1983, while oil prices surged to historic highs. In contrast, Bitcoin rose against the trend, indicating a flow of capital toward crypto assets. The market continues to face uncertainty, and volatility in risk assets may persist.
動區BlockTempo2h ago
