WalletConnect Token Expands to Solana and Will Airdrop 5 Million WCT

Planet Daily News: Following the mainnet launch of Ethereum and Optimism's OP, the WCT token of WalletConnect has been launched on Solana. The WalletConnect Foundation will airdrop 5 million WCT tokens to active Solana users through partners like Phantom, Jupiter, Backpack, and Solflare. Founder and Director Pedro Gomes stated that these 5 million tokens are part of the 185 million WCT airdrop reserved by the foundation last September. The foundation noted that this will be the second large-scale WCT airdrop after distributing 50 million tokens to the WalletConnect community in the first quarter of last November. Solana users can claim the airdrop this summer, with eligibility criteria, distribution schedule, and claiming instructions to be announced in the coming weeks. WCT is currently trading at around $0.60, and based on the current value, the airdrop is worth approximately $3 million.