WalletConnect is becoming a key infrastructure for Web3 connections, and its community-driven development model is noteworthy. By 2025, the platform is expected to support over 3 million connections, with 475,000 users and 65,000 projects.

WalletConnect is evolving from a simple protocol into a decentralized network, akin to a "public square" in the Web3 ecosystem. This transformation is driven by its robust community governance and open-source spirit. The introduction of AppKit and WalletKit enables developers and users to participate more easily, while over 20 nodes (including Kiln and Figment) ensure the reliability of the network.

WCT token plays an important role in the WalletConnect ecosystem. The total supply is 1 billion, with a circulating supply of 190 million, and the current price is approximately $0.34. Users can earn an annual yield of 6-10% by staking WCT, while also participating in important decisions, such as setting relay fees and supporting new chains. Notably, WCT will be transferable in April 2025, and 18.5 million WCT will be airdropped to 160,000 users as incentives.

In the second quarter of 2025, WalletConnect plans to launch a DAO, which will enable the community to optimize the protocol through proposals, such as expanding enterprise payment functions. On-chain data shows that the daily connection count has increased by 30%, with the value of indirectly managed assets reaching billions of dollars. Notably, after Coinbase's listing, WalletConnect's transaction volume increased by 15%.

Although the price of WCT has retreated from an early $1.35, considering its governance model and airdrop incentive program, we can expect its price to reach around $1.50 by the end of 2025. Of course, like all cryptocurrencies, the risks associated with market volatility always exist. However, the active engagement and enthusiasm of the WalletConnect community make the prospects of this project promising.

WalletConnect is paving the way for the future of Web3, and its community-driven model could become a paradigm for decentralized projects. For those who believe in the future of Web3, participating in WCT staking and community governance is undoubtedly a choice worth considering.