WalletConnect Launches WCT Token Airdrop on Solana Blockchain

WalletConnect Launches WCT Token Airdrop on Solana Blockchain

WalletConnect has launched its WCT token on the Solana blockchain with a 5 million token airdrop beginning May 23, 2025.

This integration aims to enhance cross-chain liquidity, impacting the DeFi and NFT sectors on Solana.

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WalletConnect Airdrops 5 Million WCT Tokens

WalletConnect’s latest step includes a substantial 5 million token airdrop, expanding its efforts beyond previous deployments involving Ethereum and Optimism. According to Pedro Gomes, Founder and Director, WalletConnect, “The 5 million tokens are part of the 185 million WCT allocated for airdrops since September.”

The WalletConnect Foundation, along with partners such as Phantom and Jupiter, facilitates this airdrop for eligible Solana users, aiming to strengthen cross-chain interoperability and market receptivity.

$3 Million in Tokens Bolsters Solana Ecosystem

The introduction of WCT on Solana is likely to influence market dynamics and liquidity flow, distributing $3 million to enhance user access within the ecosystem. Solana’s appeal is supported by its high throughput and low-cost transactions, making it an attractive option for DeFi and NFT projects.

Previous Ethereum Airdrop Sets Precedent

This rollout follows a previous large-scale airdrop on Ethereum, underlining WalletConnect’s strategic focus on multichain interoperability. Such expansion could prompt further industry collaborations .

Experts suggest a favorable outcome is likely, driven by the platform’s consistent growth and previous successes, further reinforcing WalletConnect’s position as a key player in the Web3 infrastructure.