In the daily frequent on-chain activities, when we make transactions, authorize, or connect wallets, few people think about the technical support behind these operations. In fact, there is a quietly important protocol that has been ensuring the smoothness of our blockchain interactions—WalletConnect.

This is not a brand new concept or a vision of the future, but rather an infrastructure that has been deeply applied in the Blockchain ecosystem and has proven its value. WCT, as its native token, although its price has fallen from a high point to around 0.33, the market enthusiasm seems to have waned, but this is precisely the best time to rationally assess its intrinsic value.

Fundamental protocols that are truly valuable are often undervalued during periods of market sentiment downturn but demonstrate remarkable growth potential during industry recoveries. Especially for infrastructure projects like WalletConnect, which have been widely deployed and have gained practical applications, their value is more easily recognized again when the market warms up.

For investors who have been paying attention to the development of Blockchain technology for a long time, now may be the time to gain a deeper understanding and assess the true value of these foundational protocols. Compared to chasing short-term fluctuations, identifying and investing in projects that provide substantial value but are temporarily overlooked by the market may yield more robust long-term returns.