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WalletConnect token expands to Solana and will airdrop 5 million WCTs

Online reports that following the launch of Ethereum and Optimism's OP mainnet, WalletConnect's WCT token has been launched on Solana. The WalletConnect Foundation will airdrop 5 million WCT to active Solana users through partners such as Phantom, Jupiter, Backpack and Solflare. Founder and director Pedro Gomes said the 5 million tokens were part of the 185 million WCT airdrop set aside by the foundation in September last year. The foundation said this will be the second large-scale WCT airdrop following the 50 million tokens distributed to the WalletConnect community in the first quarter of November last year. Airdrop applications for Solana users will be open this summer, and eligibility criteria, distribution schedule and application instructions will be announced in the coming weeks. WCT is currently trading at approximately $0.60, and the airdrop is worth approximately $3 million at current value.

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