#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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As we delve into the Web3 infrastructure, the value of the WalletConnect protocol stands out prominently. This often overlooked technological pillar is, in fact, the key bridge connecting digital wallets and decentralized applications.
Every day, millions of users around the world unknowingly rely on WalletConnect's services while interacting with DApps and browsing NFT markets. Although these features may appear to be built-in functionalities of various wallets, what really operates behind the scenes is the WalletConnect protocol.
WCT, as the native token of WalletConnect, is currently trading at a price of $0.33, with a total market capitalization of approximately $200 million. Considering the enormous on-chain interaction volume that this protocol supports, this valuation seems far from reflecting its actual value.
Essentially, WalletConnect is not just an auxiliary tool, but a core traffic hub in the entire Web3 ecosystem. It provides countless users with a secure and seamless blockchain interaction experience, yet it has not received market recognition that matches its importance.
For investors who are insightful about market potential, the current pricing may represent a rare value discovery opportunity, especially with the continuous expansion of the Web3 user base.