WalletConnect ecosystem update: Growth, milestones, and what’s next
WalletConnect has achieved significant milestones, processing over 300 million cumulative connections, which facilitate secure onchain interactions for both individual users and institutions. In May 2025, verified connections exceeded 309 million, with more than 47.5 million unique wallets and 66,500 integrated apps utilizing WalletConnect. The $WCT token, vital for network decentralization, has 121.3 million currently staked with a rewarding APY of up to 22%. The recent expansion of $WCT to Solana includes a 5 million token allocation to engage onchain participants and builders. WalletConnect aims to enhance user experience with 'Smart Sessions' to automate onchain actions, reducing wallet interaction friction. Looking forward, the network plans to release Total Value Facilitated (TVF) metrics, expand to new blockchains, propose community fees, and enable permissionless node operations, establishing itself as a key infrastructure in the onchain economy.
Source 🔗