WCT Token Launches on Optimism with Binance Backing, Reaches New Heights

WalletConnect (WCT) has launched on the Optimism blockchain with a fixed supply of 1 billion tokens, sparking significant interest from investors and developers. This comes after 127 million WCT were staked ahead of Binance’s upcoming Launchpool listing on April 3rd, marking a key milestone in the protocol’s transition to a permissionless community-owned system. The token is backed by major players in Web3 such as ConsenSys, Ledger, and Nansen, with Bitget committing $326 million to support its growth.