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 rebounds to 72,000 USD maintaining volatility, Middle East tensions cool with "liquidations at only 152 million", but sentiment remains extremely panicked
Bitcoin recently rebounded from $68,000 to $71,674, primarily driven by improved sentiment from cooling US-Iran negotiations and oil prices breaking below $100, which boosted market recovery. Although approximately $52 million in liquidations occurred in the past 24 hours with long positions accounting for 72%, market assessment indicates healthy bottom formation. However, the Fear and Greed Index remains in the extreme fear zone, reflecting depressed investor sentiment and serious fund-watching conditions. The market needs to monitor progress in US-Iran negotiations and whether the market can break through resistance levels.
動區BlockTempo44m ago
SUPER Price Soars 18.15%: Whales Are Accumulating
SUPER's price surged 18.15% to $0.1354 amid increased whale activity and trading volume, reflecting a 24-hour gain of 22.76%. Analysts link the rise to bullish sentiment as large wallets accumulate the token. Traders are monitoring key resistance levels for future movements.
Coinfomania1h ago
Why is Bitcoin Rising Today? Trump Says US and Iran Enter Negotiations, Iran Issues Strait of Hormuz Transit Statement
Bitcoin rebounded to $71,000 today, primarily driven by news of US-Iran negotiations, Iran's allowance of non-hostile vessels to pass through, and the Federal Reserve maintaining interest rates unchanged. Improved market sentiment has prompted safe-haven funds to flow into risk assets. Additionally, gold has encountered historic lows, with capital rotating toward Bitcoin, pushing their ratio up approximately 30%.
MarketWhisper1h ago
Citigroup Slashes Bitcoin and Ethereum 12-Month Price Targets, Citing Stalled U.S. Crypto Legislation Weighing on Upside Catalysts
Citigroup has lowered its 12-month price targets for Bitcoin and Ethereum, signaling a shift toward caution on the cryptocurrency market's medium-term outlook, primarily due to slow progress in U.S. crypto asset legislation. Bitcoin's target was reduced from $143,000 to $112,000, while Ethereum's fell to $3,175. Despite upside potential remaining in the future, the lack of new policy catalysts suggests prices may oscillate within a range in the near term. Citigroup's assessment of Ethereum is more cautious, as it believes the asset is more significantly impacted by on-chain activity.
区块客1h ago
Grayscale Sees Crypto Valuations Recovering as Global Pressures Begin to Ease
Crypto markets show resilience as easing geopolitical tensions and falling oil prices reduce macro pressure, setting the stage for a potential recovery in digital assets amid shifting investor sentiment and improving regulatory signals.
Crypto Stability Emerges as Oil Drops and Risks
Coinpedia1h ago
Altcoins Flash 2021-Style Breakout Signal — Triangle Pattern Points to Major Rally With 5 Coins Leading the Charge.
A multi-year triangle pattern is nearing a breakout, signaling a potential large-scale altcoin move
Solana and Tezos show stable network and development activity supporting technical setups
High-risk assets like SPX6900 reflect rising speculative interest amid growing market
CryptoNewsLand2h ago
