WalletConnect has officially expanded its WCT token to the Solana blockchain, marking the third network to support the crypto wallet connection protocol after Optimism’s OP Mainnet and Ethereum. As part of the launch, WalletConnect will distribute 5 million WCT tokens — currently valued at around $3 million — to active Solana users in an upcoming airdrop.
The move is designed to make WalletConnect more accessible across the Solana ecosystem, which is known for its speed and low transaction fees. The expansion is powered by Wormhole’s native token transfers (NTT), allowing WCT to move seamlessly and natively — not as a wrapped asset — between Optimism, Ethereum, and now Solana.
Pedro Gomes, founder and director of the WalletConnect Foundation, confirmed the airdrop is part of the 185 million WCT earmarked for community distribution. This will be the second major WCT airdrop, following a 50 million token drop to WalletConnect users last November.
The upcoming Solana airdrop will be supported by key Solana ecosystem players such as Phantom, Jupiter, Backpack, and Solflare. While the eligibility criteria and claiming instructions have not yet been released, claims are expected to open later this summer.
Beyond user incentives, the expansion boosts WalletConnect’s functionality across Solana-native apps. Projects like Backpack, Drift, Kamino, and Marinade already use Reown’s AppKit, a development framework built atop WalletConnect. Now, with the Wormhole NTT integration, these apps can fully support WCT — enabling features like direct trading, future staking, and onchain governance.
Gomes noted that WCT governance and staking are currently exclusive to Optimism’s OP Mainnet, but the Solana launch is a step toward broader governance access and deeper integration with other communities.
Importantly, WCT’s total supply remains unchanged despite the cross-chain launch. WalletConnect uses a “burn-and-mint” mechanism via Wormhole: tokens are burned on the originating chain and minted on the destination chain, keeping supply consistent.
Looking ahead, the WalletConnect team plans to continue expanding WCT to additional networks, particularly within the Optimism Superchain ecosystem. Gomes emphasized that future deployments will prioritize platforms focused on improving wallet UX and onchain content. “We want to go where the builders and users are,” he said.
