WCT Soars 11% as Jupiter Stakers Get in on Solana Airdrop Action

WalletConnect Token Jumps on Solana Expansion Buzz

Hold onto your hats, folks! WalletConnect Token (WCT) just rocketed 11% after dropping the bombshell that Jupiter stakers are in the running for a sweet token claim tied to WalletConnect's big move onto Solana. We're talking a whopping 11.6% surge, with WCT now trading at $1.06, according to CoinGecko's latest numbers. And get this—the token's been on a tear, skyrocketing a mind-blowing 276.8% in the last month, up from just $0.2814 back on April 15.

Solana Accelerate Event Sparks WCT Frenzy

The price explosion comes hot on the heels of WCT's much-anticipated expansion to Solana, announced at the Solana Accelerate event. WalletConnect Foundation's own Pedro Gomes dropped the news that the token's set to go live on the network later this month, thanks to Wormhole's Native Token Transfers standard. Talk about making waves!

Airdrop Details Still Under Wraps, But Jupiter Stakers Are In

Now, the juicy details on the airdrop are still being ironed out, but the WalletConnect Foundation's spilled the beans that a cool 5 million WCT will be up for grabs for Solana users. And guess what? Jupiter, Phantom, Backpack, and Solflare are teaming up to spot the eligible users and dish out those tokens.

"We're all about finding the real deal—those who've been building, staking, and making moves on Solana. This is hot on the heels of our 2024 token claim, where we handed out 50 million WCT to the early birds in the WalletConnect ecosystem, back when we were hanging out in the Optimism and Ethereum worlds."

WalletConnect Foundation

More Details Coming Soon as WCT Goes Multichain

Even with all this excitement, we're still waiting on the nitty-gritty of who gets what and when. But one thing's for sure—with this launch on Solana, WCT's stepping up as a multichain player, fresh off its earlier stints on Ethereum and Optimism. Buckle up, crypto fans—this ride's just getting started!