- Binance’s integration of WalletConnect Token on Ethereum increases trading activity.
- WCT trading volume hits $1.81 billion after Binance listing.
- Ethereum network sees a surge in transaction activity.
Binance has announced the completion of WalletConnect Token (WCT) integration on the Ethereum network (ERC-20), with deposits and withdrawals now available. The integration was confirmed by Binance Support on May 29, 2025.
The integration of WalletConnect Token on Binance has increased trading activity, evidenced by the $1.81 billion trading volume following its listing. As per the Binance Official Announcement, “Binance has completed the integration of WalletConnect Token (WCT) on the Ethereum network (ERC-20). Deposits and withdrawals are now open.”
Binance’s Strategic WCT Ethereum Network Launch
Binance’s completion of WalletConnect Token integration allows users to engage in deposits and withdrawals on the Ethereum network. This integration was confirmed on May 29, 2025, with substantial trading activity reported. Binance, led by CEO Richard Teng, emphasizes the importance of this development.
WCT trading volumes surged, reaching $1.81 billion as users actively traded following the integration. The integration marks increased engagement in the WCT market, highlighting a robust demand within the crypto space.
Community responses have been limited, with no major statements from leaders or industry figures. However, the price and volume surge suggest positive market sentiment, emphasizing the importance of exchange listings in boosting token activity. More insights on associated trading activities can be found in the Binance Announces Trading Competition for Newly Launched Perpetual Contracts.
WCT Price Volatility and Long-term Crypto Prospects
Did you know? The listing of a new ERC-20 token on Binance often leads to price spikes and trading surges, reflecting increased user activity.
According to CoinMarketCap, WalletConnect Token (WCT) trades at $0.61, with a market cap of $113.55 million and a trading volume exceeding $1.83 billion, marking a 39.61% increase. WCT’s price has shown significant volatility, with a 42.92% drop in the past 24 hours and a gradual rise over 60 and 90 days.
Coincu research team insights indicate potential enhancements in WalletConnect’s utility following Binance integration. While direct regulatory impacts are minimal, the technological integration may pave the way for broader acceptance and increased participation in crypto activities.
Source: https://coincu.com/340925-binance-walletconnect-erc20-integration/