The core token of the WalletConnect network, $WCT, is injecting vitality into the decentralized ecosystem. As an ERC-20 token based on Optimism, $WCT has a total supply of 1 billion and plays a key role in network fee payments, staking, and governance.

This versatility provides strong support for Web3 connectivity. Node operators maintain network security by staking $WCT and earn rewards based on connection performance. The staking period is flexible, ranging from one week to two years, with rewards proportional to the commitment time, incentivizing long-term participation.

In terms of governance, $WCT holders can vote on the WalletConnect governance platform, participating in decisions regarding protocol upgrades and fee structures, reflecting a true community-driven model.

As of August 2025, the market performance of $WCT indicates its value is approximately $0.289, with a market capitalization of $53.78 million and a circulating supply of 186.2 million. It is noteworthy that the economic model adopted by WalletConnect avoids inflation, relying on the existing Token distribution and potential fees to support network operations.

This innovative token economic model not only closely aligns the interests of users, developers, and node operators but also drives the decentralization of Web3 through incentive mechanisms. It paves the way for building a more open and interconnected blockchain ecosystem, showcasing the immense potential of cryptocurrencies in driving technological innovation.

With the continuous development of the WalletConnect ecosystem, the importance of the $WCT Token may further increase. It is not only a medium of exchange but also a tool for participation and decision-making, painting a hopeful blueprint for the future of Web3.