WalletConnect Relaunches on Layer3 With 205,000 WCT Rewards, Supports 61,500+ Apps and 42.7M Users

WalletConnect, a protocol that connects over 600 wallets and more than 61,500 onchain applications to the blockchain economy, has reemerged with renewed incentives on the Layer3 platform, offering 205,000 WCT tokens in rewards for staking, governance, and earning. As of March 2025, WalletConnect supports over 42.7 million users and has facilitated more than 274 million connections, marking an increase of 18 million connections since February. The recent launch of the WCT token reflects the project’s strong product-market fit and its potential to enhance efficiency, accessibility, and security within the Web3 ecosystem, potentially advancing the adoption of cryptocurrency on a broader scale. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant