Developer infrastructureFormerly WalletConnect Inc. (company renamed Reown in September 2024)

WalletConnect

Open network that links wallets to onchain apps across EVM, Solana, Bitcoin and other chains.

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Facts checked Sep 26, 2026

WalletConnect key facts

CategoryDeveloper infrastructure
ChainsEVM chains, Solana, Bitcoin, Cosmos, Polkadot and more
PlatformsSDK, Web, iOS, Android
Launched2018
TokenWCT
PricingStarter $0 (500 MAUs); Pro $890 per year
Free planStarter: 1 project, 500 MAUs, 2.5M RPC calls
CompanyReown (previously WalletConnect Inc.)
ChainsEVM and L2s, Solana, Cosmos, Polkadot, Bitcoin and more
US availabilityAvailable: terms restrict only sanctioned jurisdictions

WCT token

Price
$0.03 -0.6% 24h
Market cap
$14.6M
Fully diluted value
$30M
30-day change
-27.8%
WCT price, last 30 days

Market data: CoinGecko, updated Nov 10, 2026. Educational content, not financial advice.

About

What is WalletConnect?

WalletConnect is a network that connects wallets to onchain apps, started in 2018 as a QR code link. Its docs cite 300M+ connections across 700+ wallets and 80,000+ apps. The company behind the SDKs, WalletConnect Inc., renamed itself Reown in September 2024. The WCT token covers staking, rewards, fees and governance.

How WalletConnect works

When an app asks to connect, the wallet and the app open an end-to-end encrypted session through the network.

Messages pass through Gateway Nodes, which WalletConnect runs, and are persisted by Service Nodes in a mailbox, so a wallet that was offline can pick them up when it reconnects. Service Nodes spread data with rendezvous hashing and cannot decrypt what they store. The nodes are written in Rust and use RocksDB for low-level storage.

The network is permissioned for now. Service Nodes are run by selected operators under service-level agreements, with an initial target of 15 active nodes plus reserve, standby and jailed statuses; a node that misses performance standards is jailed for 24 hours. Operators stake WCT and earn rewards weighted by uptime and latency. The docs say research is under way to make the node database permissionless, with a design to be published for review before implementation.

WCT's initial supply is capped at 1 billion: 27% to the WalletConnect Foundation, 18.5% airdrops, 18.5% team, 17.5% rewards, 11.5% previous backers and 7% core development, with team, backer and core development tokens on a 4-year unlock with a 1-year cliff. Staking uses perpetual positions: you pick a lock duration of up to 104 weeks, and stakeweight, which sets rewards and voting power, only starts to decay once you begin to unstake.

How to start with WalletConnect

  1. App developers integrate through Reown's AppKit: sign up in the Reown dashboard with email and password or Google, create a project and copy its Project ID, then install AppKit for React, Next.js, Vue, Svelte, Nuxt, JavaScript, React Native, Flutter, Android, iOS or Unity.
  2. Wallet teams integrate with the WalletKit SDK.
  3. WCT holders stake at app.walletconnect.com/stake; the token uses the same contract address on Ethereum, Optimism and Base, with the staking contracts on Optimism.

WalletConnect fees and limits

  • Reown's Starter plan is $0 with 1 project, 1 team member, 500 monthly active users for embedded wallets or SIWX, and 2.5 million RPC calls.
  • Pro is $89 a month or $890 a year with 3 projects, 7,500 MAUs and 5 million RPC calls, then $0.05 per extra MAU and $1 per 100,000 extra calls.
  • Growth is $350 a month or $3,500 a year with unlimited projects, 15,000 MAUs and 12.5 million calls.

Billing runs through Stripe.

Risks to know before using WalletConnect

  • Gateway Nodes are centralized and managed by WalletConnect, per its own docs, so the relay depends on one operator even though storage is spread across Service Nodes.
  • On the free Starter plan, usage past 500 MAUs or 2.5 million RPC calls is cut off rather than billed, which can stop logins in a growing app.
  • Staked WCT stays locked until you begin to unstake, and then takes the whole chosen duration, up to 104 weeks, to become withdrawable.
Developer infrastructureSDKWebiOSAndroid

WalletConnect alternatives

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Where WalletConnect ranks on DappAtlas

WalletConnect pros and cons

Pros
  • Chain agnostic: EVM, Solana, Bitcoin, Cosmos, Polkadot
  • Reown Starter plan is $0 with 500 MAUs
  • Supported by 700+ wallets
Cons
  • Reown Pro plan costs $890 per year
  • Two brands (WalletConnect and Reown) can confuse builders
  • Network is permissioned, per its own docs

WalletConnect FAQ

What is WalletConnect?

WalletConnect is a network that connects wallets to onchain apps, started in 2018 as a QR code link. Its docs cite 300M+ connections across 700+ wallets and 80,000+ apps. The company behind the SDKs, WalletConnect Inc., renamed itself Reown in September 2024. The WCT token covers staking, rewards, fees and governance.

Which chains does WalletConnect support?

EVM chains, Solana, Bitcoin, Cosmos, Polkadot and more.

How much does WalletConnect cost?

Starter $0 (500 MAUs); Pro $890 per year, according to WalletConnect’s own page (checked Sep 26, 2026). Free plan: Starter: 1 project, 500 MAUs, 2.5M RPC calls.

Does WalletConnect have a token?

Yes, WCT. Its market cap was $14.6M on CoinGecko on Nov 10, 2026. Educational content, not financial advice.

Is WalletConnect available in the US?

Available: terms restrict only sanctioned jurisdictions, according to WalletConnect’s own page (checked Sep 26, 2026).

Sources

  1. WalletConnect: official site
  2. WalletConnect: Docs, Network
  3. Reown: Pricing
  4. Reown: Meet Reown
  5. WalletConnect: Terms
  6. WalletConnect: Service Nodes
  7. WalletConnect: WCT Token
  8. WalletConnect: WCT Staking
  9. WalletConnect: WCT Smart Contracts
  10. Reown: AppKit overview
  11. CoinGecko

How this page works

Sources: WalletConnect: official site, WalletConnect: Docs, Network, Reown: Pricing. Data as of Sep 26, 2026.

How we review

Not affiliated with any project listed. Educational content, not financial advice.