Binance announced the launch of WalletConnect services, further expanding its trading and lending capabilities. The integration includes new trading pairs and high leverage.
Binance and WalletConnect Expansion
On April 15, 2025, Binance officially introduced WalletConnect (WCT) within its platform offerings. This integration includes new trading pairs, borrowable WCT assets, and perpetual contracts. Binance aims to facilitate easy access to WCT and supports trading on WCT/USDT and WCT/USDC pairs with leverage up to 75x.
WalletConnect's Market Impact
WalletConnect has facilitated over 180 million connections since 2018, showcasing its strong adoption within the decentralized application ecosystem. Analysts suggest that the introduction of WalletConnect on Binance could lead to increased user engagement and platform utilization, as strategic token listings typically drive broader adoption of decentralized technologies.
WalletConnect Token Data
WalletConnect Token (WCT) has a market cap of $59.99 million and a circulating supply of 186.2 million tokens. Despite a 22.49% price decrease over the past 90 days, trading volume reached $250.45 million, with a current price of $0.32.
The integration of WalletConnect into Binance marks a significant advancement for the platform and may influence the growth of both WCT tokens and decentralized technologies overall.
