WalletConnect: WCT Scores High on Token Transparency

WalletConnect Token (WCT) earned another strong rating under the new Blockworks B-2 Token Transparency Framework, underscoring its commitment to surfacing offchain financials for institutional scrutiny alongside protocols such as Morpho, Jito and Aerodrome.

Price action on the four-hour chart shows WCT pinned at the $0.05 level where the EMA50 and EMA200 converge into a single resistance zone, RSI(14) at 39.27 keeps momentum neutral, and the MACD death cross sustains bearish pressure; with price pressing the upper Bollinger band at $0.05, any exhaustion here points to a measured retracement toward the lower band support at $0.04 before the next directional move. Analysts tracking decentralized protocol transparency and institutional crypto adoption now fold these levels into updated WCT price prediction models.