With the rapid development of the Web3 field, some key infrastructures are emerging. Among them, the $WCT Token, as the native Token of the WalletConnect protocol, is gradually attracting the attention of investors.

WalletConnect, as the core connection protocol of the Web3 ecosystem, can be compared in importance to the HTTP protocol in the internet world. Such infrastructure-level protocols often have rigid demand, providing a solid value foundation for the $WCT Token.

From the perspective of market competition, WalletConnect currently enjoys a clear first-mover advantage. Compared to competitors like Web3Modal, WalletConnect has already captured a larger market share, and this leading position provides favorable conditions for the future development of the $WCT Token.

It is worth mentioning that the WalletConnect development team consists of senior developers from the Ethereum community, which brings strong technical backing and community trust to the project. This background is not only beneficial for technological innovation but also injects confidence into the long-term development of the $WCT Token.

According to the roadmap of WalletConnect, the project plans to launch a permissionless open network by the end of 2025. This network will be fully decentralized and operated autonomously by the community. Currently, the project has entered the third phase of testing, and the transition to the open network is expected to be completed by the end of the year.

If $WCT successfully transforms into a Token that integrates protocol revenue and governance functions, its market value is expected to rank among the top 100 in the cryptocurrency market. However, investors still need to carefully assess risks and closely follow the project's progress and market dynamics.