WalletConnect Goes Multichain: $3M WCT Airdrop Hits Solana
Web3’s favorite connectivity protocol just pulled a cross-chain power move—dropping its WCT token on Solana with a $3 million airdrop. Traders are already farming the snapshot while SOL maximalists side-eye the Ethereum-native project.
Bull case: This could be the liquidity bridge Solana DeFi needs. Bear case: Another token to dump after the unlock period. Either way, the airdrop hunters win (until they don’t).
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Pedro Gomes, founder of WalletConnect, said the Solana deployment offers lower costs, faster execution, and deeper alignment with an already active onchain community. Governance and staking for WCT currently remain exclusive to Optimism, but integration with Solana is expected to evolve.
Solana-native projects such as Drift, Kamino, and Marinade, which already support WalletConnect’s AppKit SDK, will now be able to interact with the WCT token directly—enabling future governance participation, token trading, and ecosystem utility.
Importantly, this deployment doesn’t affect WCT’s total supply. WalletConnect uses a “burn-and-mint” model through Wormhole to maintain token consistency across chains.
Looking ahead, WalletConnect plans to expand WCT support to additional chains—particularly those within the Optimism Superchain network—prioritizing platforms that emphasize wallet UX and active developer ecosystems.
