What Is WalletConnect (WCT): Binance Lists WalletConnect (WCT) As Its 67th Launchpool Project
By:W, LeahOn April 10, Binance has unveiled the 67th project on its Launchpool – WalletConnect (WCT), an open-source network that allows users to connect with decentralized apps (dApps) in a seamless, secure, and interoperable way. Starting April 11, 2025, users can earn WCT by locking BNB, FDUSD, or USDC for four days.
Driven by the announcement, WalletConnect (WCT) is drawing great attention. As it witnesses more adoption, NIL is expected to witness steady price appreciation over the coming years. Then, what is WalletConnect (WCT)? Is it a good investment in 2025? Next, let’s dive in this innovative crypto project, analyzing its future outlook.
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Table of Contents
Binance Introduces WalletConnect (WCT) As Its 67th Launchpool Project
WalletConnect (WCT) Price Prediction
Future Outlook of WalletConnect (WCT)
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What is WalletConnect?
WalletConnect is a publicly accessible protocol designed to bridge the connection between decentralized applications (dApps) and crypto wallets. By allowing users to access dApps through their preferred wallet interfaces, WalletConnect significantly enhances cross-platform accessibility without compromising security—a key advantage for developers and users operating across diverse blockchain ecosystems. The end-to-end encryption utilized by WalletConnect ensures that private keys remain confidential within users’ crypto wallet whenever they choose to use services like NFTs or others enabled by WalletConnect.
By facilitating secure wallet-to-dApp connections, WalletConnect streamlines user interactions while safeguarding privacy. It acts as a vital intermediary, enabling developers to focus on building robust platforms without bearing the burden of managing wallet security or access permissions.
Originally developed in 2018 by Pedro Gomes, WalletConnect was created to solve the challenges of connecting blockchain applications in a user-friendly and secure manner. Since then, it has gained widespread adoption as a reliable integration tool for a broad range of wallets—including those supporting Ethereum—across multiple blockchain networks.
In 2024, the WalletConnect Foundation was established to guide the project’s long-term development, decentralization, and security initiatives. The Foundation is led by Pedro Gomes as Foundation Director, alongside Jakub Zakrzewski, who serves as Executive Director.
How does WalletConnect Work?
WalletConnect acts as a secure bridge between cryptocurrency wallets and decentralized applications (dApps), enabling seamless and encrypted communication between the two. Here’s a simple breakdown of how it works:
Initiating a Connection
When a user wants to connect their wallet to a dApp, the app generates a QR code. The user can scan this code with their mobile wallet app or use a deep link to establish the connection instantly.
Delivering the Connection
After scanning the QR code, the wallet receives the connection request and prompts the user for approval. This process is fast and streamlined, allowing users to connect their wallets to dApps within seconds.
Securing the Connection
All messages exchanged between the wallet and the dApp are encrypted. This ensures that user data remains private and secure during every transaction.
Interoperability Across Blockchains
WalletConnect supports most public blockchains. This means users can interact with various blockchain networks without needing different tools or wallets for each.
By simplifying the connection process and ensuring robust security, WalletConnect removes many of the technical barriers that have traditionally hindered user adoption in the blockchain space.
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What is the WCT Token?
| Cryptocurrency | WalletConnect Token |
| Token | WCT4 |
| Price | $ 0.5509  -5.37% |
| Rank | |
| Market Cap | $ 0 |
| 24H Trading Volume | $ 844.2M |
| All-time High | $ 4.4563 |
| All-time Low | $ 0.2811 |
| 24 High | $ 0.5645 |
| 24 Low | $ 0.5302 |
| Cycle High | $ 1.3760 / 2025-05-31 08:00:00 |
| Cycle Low | $ 0.2811 / 2025-04-15 23:10:00 |
| Update Time | 2025-06-03 19:52:01 |
WCT is the native token of the WalletConnect Network, serving as the backbone of WalletConnect’s move toward decentralization. Designed for governance and network incentives, WCT empowers users, developers, and node operators to shape the WalletConnect Network’s future. A hard cap has been set at 1 billion tokens for the initial supply of WCT, which supports the onchain user experience (UX) ecosystem by allowing participants to engage in governing the network while obtaining rewards.
The WalletConnect ecosystem heavily relies on the WCT token for its dual purpose: it functions as a reward system and also facilitates governance within the network. Within the WalletConnect Network, WCT tokens fulfill four key roles, including:
- Governance: Token holders can propose and vote in network decisions.
- Staking: Users can lock tokens for a certain period to earn higher rewards.
- Award: WCT is used to provide incentives to service nodes and wallets that perform well.
- Cost: Future fees may apply to applications or SDKs that utilize WalletConnect services.
Unfortunately, $ WCT token is not available on BTCC platform at present. However, it is worth mentioning that BTCC, one of the longest-running crypto exchanges in the world, supports trading for 300+ cryptocurrencies with a leverage of up to 500Χ. If you want to start trading cryptocurrencies, you can start by signing up for BTCC.
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WCT Tokenomics
The initial supply of WCT tokens is capped at 1 billion, with allocations designed to support the Network’s growth and sustainability. The initial token distribution details sets as below:
- Core Development: 7% For further development of the protocol and related modules
- Rewards: 17.5% For staking and performance rewards
- Airdrops: 18.5% For seasonal airdrops to users, apps, wallets, nodes, etc.
- Team: 18.5% For team members of Reown and WalletConnect.
- Previous Backers: 11.5% For those who provided resources and supportto the early-stageNetwork.
- WalletConnect Foundation: 27% For partnerships, grants, ecosystemdevelopment, and operations.
WCT Airdrop
Up to 18.5% of the total WCT token supply will be allocated for distribution through multiple airdrop seasons. To recognize and reward its most engaged and knowledgeable community members, WalletConnect Network has implemented a structured approach for the Season 1 WCT airdrop. This includes a sophisticated scoring system designed to identify individuals who demonstrate active participation and a deep understanding of the network.
In Season 1’s initial airdrop, a total of 50 million WCT tokens will be distributed across three primary recipient groups:
- 30 million WCT is allocated to Community Distribution, the largest share, to reward active users and contributors within the ecosystem.
- 10 million WCT is assigned to Independent Contributors, recognizing those who have provided valuable input and development efforts.
- 10 million WCT goes to Strategic Partners, supporting long-term collaboration and ecosystem growth.
Through this carefully planned distribution model, WalletConnect aims to foster a thriving, collaborative environment by incentivizing its most essential participants and encouraging continued engagement and support across the network.
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Binance Introduces WalletConnect (WCT) As Its 67th Launchpool Project
On April 10, Binance has announced the 67th project on its Launchpool – WalletConnect (WCT), an open-source network that connects users to decentralized apps through a secure and interoperable protocol.
Users will be able to lock their BNB, FDUSD and USDC to receive WCT airdrops over four days, with farming starting from 2025-04-11 00:00 (UTC).
WCT Launchpool Details:
- Token Name: WalletConnect (WCT)
- Total Token Supply: 1,000,000,000 WCT
- Max Token Supply: 1,000,000,000 WCT
- Launchpool Token Rewards: 40,000,000 WCT (4% of total token supply)
- Learn & Earn Campaign (distributes in batches): 10,000,000 WCT
- Initial Circulating Supply When Listed on Binance: 186,200,000 WCT (18.62% of total token supply)
- Smart Contract/ Network Details: OP Mainnet, 0xeF4461891DfB3AC8572cCf7C794664A8DD927945
Binance will then list WCT at 2025-04-15 11:00 (UTC) and open trading with WCT/USDT, WCT/USDC, WCT/BNB, WCT/FDUSD and WCT/TRY trading pairs. The Seed Tag will be applied to WCT.
In addition, to celebrate the official launch of WalletConnect on OKX, an exclusive airdrop event jointly initiated by WalletConnect and OKX has started, with a total of 6,500,000 WCT tokens to be distributed.
Users can participate in this airdrop event by: visiting the event page, connecting the OKX Web3 wallet, depositing $WCT tokens into the wallet, and filling in the OKX UID and OKX Optimism recharge wallet address to qualify for the airdrop.
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WalletConnect (WCT) Price Prediction
As of writing this article, WCT is traded at $ 0.5509, boasting a market cap of $ 0, and witnessing a hefty 24-hour trading volume of $ 844.2M. WCT Token saw a 24-hour change of -5.37%, with minor fluctuations of -0.77% in the past hour.
| Price Change 1H Percent | -0.77% |
| Price Change 1D Percent | -5.37% |
| Price Change 7D Percent | -19.88% |
| Price Change 30D Percent | 49.05% |
| Price Change 90D Percent | 3.22% |
| Price Change 365D Percent | 3.31% |
Short-Term WalletConnect (WCT) Price Prediction
Based on our technical analysis, the following sets the WCT price prediction for next half month:
| Date | Price Prediction | Change |
| 06-03 | $ 0.5509 | 0.00% |
| 06-06 | $ 0.5179 | -5.99% |
| 06-09 | $ 0.5161 | -6.32% |
| 06-12 | $ 0.5130 | -6.88% |
| 06-15 | $ 0.5125 | -6.97% |
| 06-18 | $ 0.5087 | -7.67% |
Long-Term WalletConnect (WCT) Price Prediction
Based on our technical analysis, here’s a quick look at the potential highs & lows of $WCT’s price between 2026 and 2050.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2026 | $ 0.5198 | $ 0.8037 | $ 0.9358 |
| 2027 | $ 0.5437 | $ 0.7302 | $ 0.8377 |
| 2028 | $ 0.5632 | $ 0.7458 | $ 0.8478 |
| 2029 | $ 0.9647 | $ 1.3681 | $ 1.5771 |
| 2030 | $ 0.6985 | $ 1.1281 | $ 1.4423 |
| 2031 | $ 0.7620 | $ 1.1789 | $ 1.4276 |
| 2035 | $ 0.9701 | $ 1.4766 | $ 1.7358 |
| 2040 | $ 1.5405 | $ 2.1775 | $ 2.5518 |
| 2045 | $ 1.7273 | $ 2.6491 | $ 3.2653 |
| 2050 | $ 1.8046 | $ 2.9483 | $ 3.7341 |
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Future Outlook of WalletConnect (WCT)
In the coming year of 2025, WalletConnect is poised to unveil a series of noteworthy enhancements. The introduction of WalletConnect v2 promises to revolutionize the user experience by enabling simultaneous connections between multiple accounts and decentralized applications (dApps), thereby significantly improving functionality. Smart Sessions are set to be rolled out, offering users seamless ongoing interactions with various apps without repeated authentication requirements.
The forthcoming update will also include Link Mode, which aims at streamlining reconnection processes for wallets and dApps—this feature is anticipated to notably refine how new connections are established, consequently elevating the overall user journey. WalletConnect intends to expand its array of connection options to bolster both decentralization and security within its ecosystem.
Lastly, emphasis on on-chain governance will become more pronounced as token holders gain voting rights concerning substantial network developments. These advances demonstrate a commitment not only to progression but also to engaging the community through the protocol’s open-source framework. Guaranteeing continual evolution based on collaborative input from stakeholders.
Given WalletConnect’s dominant position within the Web3 ecosystem and the integral role of the WCT token in governance and incentives, analysts forecast the following price potential:
- Short-Term (Post-Listing): Fueled by ecosystem momentum and initial liquidity, WCT is projected to reach $1.59 shortly after launch.
- Long-Term (by End of 2025): If cross-chain adoption continues to accelerate, WCT could rise to $3.24, establishing itself as a key benchmark for the broader Web3 user experience landscape.
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How to Buy the WCT Token?
At present, WCT Token has been listed on Binance, OKX, MEXC etc., where interested traders can invest. If you want to buy WCT coins, you can do so by following these steps:
- Register and complete KY C verification.
- Deposit in USDT or other support currency.
- Search for “WCT”, select a pair and place an order.
Unfortunately, $WCT token is not available on BTCC platform at present. However, it is worth mentioning that BTCC, one of the longest-running crypto exchanges in the world, supports trading for 300+ cryptocurrencies with a leverage of up to 500Χ. If you want to start trading cryptocurrencies, you can start by signing up for BTCC.
That’s all information about WalletConnect (WCT). If you want to know more information about WalletConnect (WCT) and other cryptocurrencies, please visit BTCC Academy.
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