On Monday, the Wormhole team announced via X that WalletConnect’s $WCT is now natively multichain on Solana with Wormhole's NTT framework. WalletConnect expands $WCT to Solana while preserving native token functionality and preventing liquidity fragmentation across chains.
WalletConnect powers connections across crypto, building the infrastructure for seamless onchain experiences. The WalletConnect Network token ($WCT) is the backbone of this ecosystem, enabling decentralized governance and sustainable network operations.
With NTT, tokens advance by cutting liquidity fragmentation while maintaining control over token ownership, metadata, & upgradeability.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.0836, up 3% in the last 24 hours.