In the world of Web3, connection is the key to unlocking new domains. In recent years, although many projects have attempted to share a piece of the pie in the wallet space, very few have actually made breakthroughs in the core aspect of "connection." In this fiercely competitive market, WalletConnect stands out with its outstanding connection technology, gradually redefining the entry point to Web3.

With the emergence of the WCT token, the strength of the WalletConnect ecosystem has finally attracted widespread attention from the market. Its impressive track record includes over 309 million cumulative connections, support for more than 47.5 million wallets, and access to over 67,000 decentralized applications. These numbers reflect that WalletConnect has already become the preferred connection protocol for almost all mainstream wallets and applications.

WalletConnect is not only focused on the technical level but also actively promotes decentralized governance. By establishing an on-chain governance system, WalletConnect plans to introduce user proposals, voting, and incentive mechanisms, along with token airdrops, to initiate an innovative experiment in participatory governance for Web3. This initiative not only highlights the project's long-term vision but also gives substantial value to the WCT token.

In terms of expanding its business footprint, WalletConnect is also showing strong development momentum. Its collaboration with peaq extends its reach into the machine economy sector, while continuously expanding the list of 'certified wallets' to promote the standardization of connection experiences, providing strong support for the usability of decentralized identity infrastructure.

Currently, WCT's market performance is relatively low-key, with prices fluctuating between $0.32 and $0.34, far below the previous high of $1.34. With a market capitalization of about $65 million, this token, which can be traded on multiple top exchanges, seems not to have been fully recognized by the market.

However, as an infrastructure protocol with a large user base and wide practical applications, the potential of WalletConnect cannot be underestimated. Its value may be on the eve of reevaluation. In the world of Web3, those who can truly master the key link of "connection" may dominate the future development direction. WalletConnect is quietly moving towards this goal, making it worthy of close attention from industry insiders.