Recently, the price performance of WalletConnect (WCT) has attracted market attention. Although it has fallen 77% from its historical high of $1.36, the community remains optimistic about its future development. Many investors predict that by 2025, the WCT price may reach the range of $5-10.

However, what is truly worth following is the continuous growth of the WalletConnect ecosystem. The latest data shows that its connection count has exceeded 309 million, covering 47.5 million independent wallets. This achievement not only demonstrates the practical value of the ecosystem but also reflects the increased trust users have in it. Meanwhile, the activity level of staking remains high, further consolidating the stability of the ecosystem.

In the face of the current market environment, investors can't help but ponder: Can the strong growth of the WalletConnect ecosystem and active staking participation be the key factors driving a rebound in WCT prices? Or will price pressure continue in the short term?

It is worth mentioning that, despite the challenges faced by the price, the technological innovation of WalletConnect and the expansion of its user base seem to be unaffected. This phenomenon is not uncommon in the cryptocurrency market and often hints at potential investment opportunities.

However, investors must remain cautious when making decisions. The high volatility of the cryptocurrency market means that price movements can be influenced by a variety of factors, including but not limited to overall market sentiment, changes in the regulatory environment, and technological advancements.

Overall, the robust development of the WalletConnect ecosystem supports the long-term value of WCT. However, in the short term, price trends may still be influenced by market sentiment and external factors. Investors should closely follow the further development of the ecosystem, as well as key events and indicators that may impact the value of WCT.