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Let me share an interesting phenomenon with you: In the blockchain world, there are some projects that quietly support the entire ecosystem, yet are rarely noticed.
Looking at the wallet connection options for current on-chain applications, almost every project has integrated the WalletConnect protocol. This has unconsciously become the basic communication standard between DApps and wallets and is an important infrastructure for the entire Web3 ecosystem.
Interestingly, however, the price performance of its token, $WCT, has been relatively lackluster. This is not because the quality of the project is poor, on the contrary, it is precisely because it is so basic and low-level that most users, although they use it every day, rarely think about who the technology provider behind the service is.
We are currently in a phase of reassessing market value. At the beginning of each bull market, the market always revisits and discovers projects that truly provide real value, rather than just chasing short-term trends and topics.
I believe that $WCT is one of the few tokens that have achieved large-scale application but are still at relatively low prices. In a market cycle that places more emphasis on infrastructure and practical value, projects like WalletConnect are likely to gain more attention.
When everyone is discussing various conceptual speculations, these foundational projects that silently support the development of the industry may deserve our long-term attention.