WalletConnect's WCT token is now launching on Solana, accompanied by airdrop of 5 million WCT tokens to active users of the blockchain. This marks a significant step in WalletConnect's ambition to expand its multi-chain presence, targeting new users and liquidity within the Solana ecosystem. The integration is set to enhance staking and governance capabilities across WalletConnect's network. Current estimates indicate that about 145,000 users hold WCT, a figure expected to grow with this expansion. WalletConnect's founder, Pedro Gomes, emphasized a deliberate shift from an Ethereum-centric approach to becoming a chain-agnostic protocol. The initiative aligns with Solana's ever-growing community and aims to enable seamless interactions across multiple ecosystems. Further developments are already in the works to enhance WalletConnect's multichain functionality, signaling a broader vision for more decentralized wallet interactions in the future. With established partnerships with Solana-based applications, WalletConnect is keen on building a more interconnected blockchain framework.

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