WalletConnect Token (WCT) Price Prediction

Deep Dive

1. Persistent Supply Inflation (Bearish Impact)

Overview: WCT has a maximum supply of 1 billion tokens, with only about 434 million (43%) currently circulating. Historical unlocks, like the 10.06 million tokens (10.07% of supply) released on November 25, 2025, have immediately increased sellable supply. With the majority of tokens still locked, the market faces a long-term overhang of potential selling pressure as vesting schedules progress.

What this means: This structural supply inflation is a primary bearish force. Each unlock dilutes existing holders and can suppress price appreciation unless met with proportionally higher demand. The fully diluted valuation (~$39.8M) being close to the current market cap (~$17.3M) highlights that most future supply is not priced in, posing a continuous risk.

2. Network Growth and Feature Rollout (Bullish Impact)

Overview: WalletConnect is critical infrastructure, powering over 150 million connections for 23 million users across 600+ wallets and 40,000+ apps. Recent developments like the expansion to Solana and TON blockchain, the launch of WalletConnect Pay, and the introduction of AI-based Smart Sessions aim to increase utility and transaction volume facilitated by the network.

What this means: These are fundamental bullish drivers. Increased adoption and new use cases for the protocol could create organic demand for WCT, used for fees, staking, and governance. If the growth in network usage and utility outpaces the rate of new tokens entering circulation, it could support a sustainable price increase over the long term.

3. Evolving Exchange Landscape (Mixed Impact)

Overview: Exchange support is a double-edged sword. On one hand, KuCoin delisted WCT from Cross Margin Trading on June 3, 2026, reducing leveraged access and potentially dampening trading activity. On the other hand, WCT gained listings on major platforms like Coinbase and Binance in 2025, which previously led to significant price surges and improved liquidity.

What this means: The loss of trading features on exchanges is a near-term headwind, often associated with reduced visibility and liquidity. However, the precedent of major exchange listings acting as powerful catalysts remains. Future listings on other top-tier exchanges could provide a similar positive jolt, but this is speculative and not a guaranteed driver.

Conclusion

WCT's path is defined by the race between its substantial, scheduled supply unlocks and its real-world adoption as essential Web3 plumbing. Near-term, token unlocks present a clear overhang. For holders, patience is required to see if utility-driven demand can absorb this inflation, turning a foundational project into a valuable asset.

Will network usage metrics grow fast enough to counter the sell pressure from vesting tokens?