Crypto Surge: WalletConnect Token (WCT) Jumps 11% as Solana Airdrop Buzz Builds
Crypto markets have taken notice as WalletConnect Token (WCT) recorded a sharp 11% surge, powered by news that stakers of Jupiter on Solana will soon be eligible for a significant WCT airdrop. The move signals major expansion for the multi-chain token, catching the attention of both seasoned blockchain investors and DeFi newcomers.
The rally began after announcements surfaced that Solana users, particularly those staking with ecosystem projects like Jupiter, Phantom, Backpack, and Solflare, will be included in a 5 million WCT token airdrop event. Data from CoinGecko showed WCT trading at $1.06 after a remarkable 11.6% daily gain — and an astonishing 276% monthly climb since mid-April, when the asset traded for just $0.28. [Token price chart or image placeholder]
WalletConnect’s expansion into the Solana ecosystem comes on the heels of the Solana Accelerate event, where the foundation’s founder Pedro Gomes outlined plans for WCT to go live on Solana using Wormhole’s Native Token Transfers. Experts see this strategic move as another sign that cross-chain utility and multichain integration are fast becoming pillars of crypto value.
Early reports indicate the WalletConnect Foundation’s airdrop strategy will emphasize identifying real contributors—namely, users who are actively building, staking, or transacting on Solana. Having already distributed 50 million WCT in earlier rounds to key ecosystem contributors, the foundation appears set on rewarding organic network activity. For those seeking a deeper dive into staking mechanics or expansion projects, check out our guide to what is staking in crypto and how it powers blockchain growth: The role of staking in the crypto ecosystem.
While the specifics of airdrop eligibility and timelines are still under wraps, anticipation is growing around the multichain roadmap. Once deployed, WalletConnect Token will join a select group of assets that bridge significant DeFi activity between Ethereum, Optimism, and now Solana—potentially enhancing network liquidity and expanding user options. For those just entering the decentralized world or looking for wallet options that facilitate multichain access, see Best crypto wallet apps for secure multi-network access.
Industry observers highlight that well-executed airdrops can catalyze adoption and increase user commitment to sustainable DeFi protocols. As WalletConnect’s mission is centered on seamless wallet connection and multi-chain accessibility, its foray into Solana represents a pivotal chapter for the project and a possible signal for the direction of broader crypto interoperability.
Stay tuned for updates as the foundation releases final claim instructions. For now, WCT’s recent price action serves as a case study in how news-driven momentum and cross-ecosystem collaboration continue to shape the future of digital assets.