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Recently, an important project in the Web3 infrastructure field, WalletConnect, announced its entry into the Solana ecosystem and established partnerships with well-known wallets like Phantom, opening a new chapter in cross-chain development. As a key platform connecting over 40 million user wallets, WalletConnect's Token WCT is currently priced at about $0.4, which still has significant rise potential compared to its ATH of $1.3.
The WCT Token has currently attracted the attention of investors based on several aspects: First, it offers a staking yield of up to 23%, significantly surpassing traditional financial products; second, WalletConnect holds a dominant position in the Web3 entry traffic, with protocol revenue exceeding that of well-known projects like ENS; finally, with deep integration into the Solana ecosystem, it is expected to bring new growth momentum.
Data shows that market interest in WCT continues to rise. Currently, more than 120 million WCT have been locked in staking contracts, while about 590,000 investors are continuously increasing their holdings. These figures reflect investors' optimism about the prospects of the WalletConnect project.
However, it is important to remind investors that the cryptocurrency market is highly volatile, and investment decisions should be based on a thorough understanding of the project's fundamentals and personal risk tolerance. Although WCT shows good growth momentum, investors still need to carefully assess and allocate their assets appropriately.
With the continuous development of Web3 technology, infrastructure projects like WalletConnect will play an increasingly important role in connecting users with the decentralized application ecosystem. Focusing on the long-term development strategies and ecosystem construction of such projects may provide investors with more insights and opportunities.