WalletConnect has prolonged its token, WCT, to the Solana blockchain—marking the protocol’s third main integration after Ethereum and Optimism.
As a part of the rollout, a $3 million WCT airdrop has been introduced for lively Solana customers.
The launch leverages Wormhole’s Native Token Transfers (NTT), permitting WCT to maneuver seamlessly throughout Ethereum, Optimism, and now Solana with out wrapping. This cross-chain compatibility is a step towards making WalletConnect extra accessible throughout ecosystems and strengthening its multichain id.
To rejoice the growth, the WalletConnect Basis is distributing 5 million WCT to eligible customers of high Solana apps like Phantom, Jupiter, Backpack, and Solflare. Airdrop particulars—eligibility, claiming timelines, and distribution mechanics—will probably be revealed within the coming weeks, with the declare window anticipated to open this summer time.4
Pedro Gomes, founding father of WalletConnect, stated the Solana deployment affords decrease prices, sooner execution, and deeper alignment with an already lively onchain neighborhood. Governance and staking for WCT presently stay unique to Optimism, however integration with Solana is predicted to evolve.
Solana-native tasks akin to Drift, Kamino, and Marinade, which already help WalletConnect’s AppKit SDK, will now be capable of work together with the WCT token straight—enabling future governance participation, token buying and selling, and ecosystem utility.
Importantly, this deployment doesn’t have an effect on WCT’s whole provide. WalletConnect makes use of a “burn-and-mint” mannequin by means of Wormhole to take care of token consistency throughout chains.
Trying forward, WalletConnect plans to increase WCT help to further chains—notably these inside the Optimism Superchain community—prioritizing platforms that emphasize pockets UX and lively developer ecosystems.
