Why are veteran Web3 players quietly increasing their holdings in $WCT? The reason lies in the data

#WalletConnect @WalletConnect $WCT

Recently, I've noticed a phenomenon: many veteran Web3 players are quietly increasing their holdings in WCT. At first, I was puzzled until I reviewed a set of data from WalletConnect, which helped me understand their intentions—covering over 600 wallets, accounting for 75% of the total mainstream wallets globally; connecting with over 65,000 applications, capturing 60% of the Web3 application market; serving 47.5 million users, completing over 300 million on-chain connections, this data is enough to demonstrate WCT's potential.

The reason veteran players are increasing their holdings in WCT is actually quite "rational": First, its "ecological barrier" has already formed, with the network effects created by over 600 wallets and over 65,000 applications, making it difficult for new competitors to break through, which means WCT's value has long-term guarantees; second, its "revenue model" is quite mature, providing stable income from staking, dividends from enterprise-level services, and additional rewards from mining, making its income structure more resilient to risks compared to single-concept tokens; finally, its "growth space" is visible, the demand for multi-chain connections in Web3 is still growing, and WalletConnect's market share will only increase, so the value of $WCT will naturally rise.

The investment logic of veteran Web3 players often focuses on "looking at the ecosystem, looking at essential needs, looking at data", and WCT happens to meet these three conditions. While newcomers are still confused by short-term market trends, veteran players have already laid out the future of the Web3 connection ecosystem by increasing their holdings in WCT.