The decentralized connectivity protocol WalletConnect is taking a major step forward in its evolution by launching its native token, WCT, on the Solana blockchain. In a significant move aimed at broadening adoption and deepening ecosystem integration, 5 million WCT tokens will be airdropped to active Solana users.
This expansion marks a pivotal moment for WalletConnect as it transitions from its Ethereum-centric origins into a truly chain-agnostic protocol. By leveraging Wormhole’s Native Token Transfer (NTT) technology, WCT becomes a multichain asset, enabling secure and seamless token movement across ecosystems—starting with Solana.
“$WCT is coming to Solana!
Powered by @wormhole NTT.
To kick off this next chapter, WalletConnect is partnering with @phantom, @jup_dao, @Backpack and @solflare 👀
This is just the beginning. More details coming soon.”
— WalletConnect (@WalletConnect), May 23, 2025
Expanding Access and Utility Across Chains
The introduction of WCT on Solana isn’t just symbolic—it’s strategic. With over 100 million monthly active wallets, Solana offers one of the most dynamic and fast-growing user bases in the crypto space. In contrast, current WCT holder numbers are estimated at around 145,000, indicating substantial room for growth.
By making WCT available natively on Solana, WalletConnect opens the door to:
- New liquidity pools
- Broader staking participation
- Deeper integration with Solana-based dApps
- Enhanced governance engagement across chains
WCT serves as the backbone of WalletConnect’s decentralized governance model. Holders can stake their tokens, participate in voting, and influence key protocol upgrades. In the near future, WCT is expected to play an even larger role by being used for transaction fees and incentive rewards within the ecosystem.
👉 Discover how cross-chain token utility is reshaping Web3 connectivity
A Chain-Agnostic Vision Realized
Pedro Gomes, founder and director of the WalletConnect Foundation, emphasized that this move reflects years of deliberate development toward becoming a multichain standard.
“We started very Ethereum-centric,” Gomes said in a statement to Decrypt. “But it makes sense that WCT, the native token, is also a multichain token. WalletConnect has been working closely with Solana teams over the past couple of months—and I’ve been continuously impressed by the builders, the community, and the energy of the Solana ecosystem.”
This shift aligns with growing demand for interoperability in decentralized finance (DeFi) and Web3 applications. Users no longer want siloed experiences; they expect smooth, secure interactions across blockchains. WalletConnect’s infrastructure already enables over 278 million connections and supports 45 million unique active wallets since its 2018 launch.
Now, with WCT live on Solana, the network strengthens its position as a universal bridge between wallets and applications—regardless of underlying chain.
Strategic Partnerships Fuel Adoption
To ensure strong traction on Solana, WalletConnect has teamed up with some of the ecosystem’s most influential players:
- Phantom: One of Solana’s leading wallet providers
- Jupiter DAO: Powering decentralized trading infrastructure
- Backpack: A fast-growing Web3 trading platform
- Solflare: A top-tier Solana wallet with advanced features
These collaborations signal strong confidence in WalletConnect’s long-term vision and provide immediate access points for millions of users.
Additionally, several major Solana dApps already utilize WalletConnect’s API, including:
- Drift: A high-performance perpetual futures exchange
- Kamino Finance: A comprehensive DeFi lending and yield platform
- Save: A user-friendly lending protocol
This existing integration base creates a solid foundation for WCT adoption, especially as new token utility features roll out.
The Road Ahead: Multichain Governance and Incentives
WalletConnect has confirmed that further chain integrations are “already in development,” though specific details have not yet been disclosed. As WCT expands across networks, the protocol plans to introduce:
- Enhanced governance mechanisms allowing cross-chain voting
- Token-based incentives for developers and early adopters
- Community-driven roadmap proposals
These updates aim to decentralize control further and empower users to shape the future of the protocol.
This latest airdrop follows last year’s distribution of 50 million WCT tokens to early users and contributors—a move that helped bootstrap community ownership. The new Solana-focused drop continues that mission by targeting active participants in one of Web3’s most vibrant ecosystems.
Frequently Asked Questions (FAQ)
Q: What is WalletConnect Token (WCT)?
A: WCT is the native utility and governance token of the WalletConnect protocol. It enables staking, voting on protocol changes, and will eventually be used for fees and rewards across connected applications.
Q: Why is WCT launching on Solana?
A: Solana’s high-speed, low-cost network and massive user base make it an ideal environment for expanding WalletConnect’s reach. The launch supports WalletConnect’s goal of becoming a chain-agnostic standard.
Q: How many WCT tokens are being airdropped to Solana users?
A: A total of 5 million WCT tokens will be distributed to eligible active users on the Solana blockchain.
Q: Is WCT now available on multiple blockchains?
A: Yes. Thanks to Wormhole’s Native Token Transfer (NTT) technology, WCT operates as a multichain token, starting with Ethereum and now extending natively to Solana.
Q: Can I use WalletConnect with my Solana wallet today?
A: Absolutely. Wallets like Phantom, Backpack, and Solflare already support WalletConnect, enabling seamless connections to dApps across chains.
Q: How does this benefit the average crypto user?
A: You get more choice, better security, and smoother cross-chain experiences. Whether trading on Jupiter or lending on Kamino, WalletConnect ensures your wallet stays secure while interacting with any app.
👉 See how multichain tokens are unlocking the next phase of Web3 innovation
The arrival of WCT on Solana represents more than just a technical upgrade—it's the beginning of a multichain journey that redefines how users interact with decentralized applications. By combining robust infrastructure, strategic partnerships, and community-driven governance, WalletConnect is positioning itself as the connective tissue of a truly interoperable Web3 world.
As adoption grows and additional chains come online, WCT holders will play an increasingly vital role in shaping the protocol’s direction—making now a pivotal time to engage with one of crypto’s most essential tools.
👉 Start exploring multichain opportunities with secure wallet connectivity today