WalletConnect’s WCT Token Hits Solana – Free Airdrop Sparks Frenzy
Solana just got hotter. WalletConnect – the crypto industry’s favorite bridge for wallet-to-dapp connections – is planting its flag in SOL territory with a native token launch.
Free money alert: The WCT airdrop is live for early adopters, though cynics note this ’generosity’ conveniently coincides with Solana’s latest marketing push to onboard Ethereum refugees. How very Web3 of them.
This isn’t just another token dump. WalletConnect’s move signals deeper Solana integration, potentially giving MetaMask a run for its money in the multi-chain wallet wars. Because what crypto needs right now is... more competition?
Pro tip: Watch where the VC-backed ’airdrops’ land – the biggest bags usually go to insiders who’ll dump on retail. But hey, free tokens are free tokens.
“A multichain journey”
Further chain integrations are “already in development” as WalletConnect builds out its roadmap—and as its native token becomes more widely available, new governance features and token-based incentives will be unveiled to give the community a greater role in its future.
This latest airdrop also comes hot on the heels of 50 million WCT being distributed to WalletConnect users last year.
Several prominent Solana apps already rely on WalletConnect’s infrastructure—including lending platform Save, perpetual futures exchange Drift, and DeFi protocol Kamino Finance.
Figures from the protocol suggest that, since launching in 2018, it has facilitated more than 278 million connections along with 45 million unique active wallets.
In a statement shared with Decrypt, WalletConnect said that its arrival on Solana "marks the beginning of a multichain journey" that will build on its track record of enabling “secure and seamless connections” between apps and wallets.
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