In light of the recent fluctuations in the cryptocurrency market, now is the ideal time to reassess the actual value of WalletConnect and its native token WCT.

WalletConnect is not a short-term project that relies on hype; instead, it has become an indispensable infrastructure in the Web3 ecosystem. This connection protocol is adopted by the vast majority of mainstream encryption wallets and decentralized applications, giving it a key position in the industry.

The value of the WCT token primarily derives from two aspects: network governance and staking security. This model is not only clear but also has long-term sustainability. While short-term price fluctuations often attract the attention of investors, the core position of WalletConnect in the Web3 world is what truly deserves the focus of long-term investors.

As market sentiment gradually becomes more rational, investors should pay more attention to the fundamentals and long-term development potential of WalletConnect, rather than short-term price fluctuations. In the current context of rapid Web3 development, infrastructure projects like WalletConnect may play an increasingly important role in the future.

Despite the recent significant price fluctuations of WCT, this does not affect WalletConnect's position as a key infrastructure in the Web3 ecosystem. As more applications and users enter the Web3 space, the importance of WalletConnect may further increase, which could also bring more value support for the WCT token.