Looking back at every bull run in the history of crypto assets, we find that the projects that truly achieve explosive growth are not just those in the Application Layer, but also the infrastructure tokens that support the entire Blockchain ecosystem.

In 2019, LINK emerged in the oracle field, successfully establishing a data bridge between Blockchain and the real world by empowering the Blockchain to access external data in real time, ultimately achieving remarkable value growth.

In 2021, as the congestion problem of the Ethereum network became increasingly severe, Layer 2 scaling solutions experienced a boom, with Arbitrum's ARB Token becoming a star project. By effectively addressing Ethereum's performance bottlenecks, it attracted a large number of developers, the ecosystem rapidly flourished, and its market value once surged into the top ten.

Looking ahead to 2025, who will be the next hundredfold Token to emerge from the underlying technology? My personal analysis suggests that WCT is worth paying attention to.

WalletConnect, as the communication infrastructure of the Blockchain world, is building a comprehensive interconnected network for digital assets. The complexity of on-chain connections far exceeds the point-to-point model we can imagine; it needs to address interoperability challenges across wallets, applications, and networks.

After five years of development, WalletConnect has deployed its protocol to almost all mainstream wallets and decentralized applications. Now, it is advancing the monetization strategy for connection services, including Relay network charging mechanisms, node staking systems, and the full launch of message relay infrastructure.

If LINK represents data infrastructure, ARB represents performance infrastructure, then WCT represents connectivity infrastructure. In the complete ecosystem of Blockchain, these three foundational layers are indispensable.

Currently, the market cap of WCT is only about $200 million, which seems to be severely underestimated compared to its potential value in the entire Blockchain ecosystem. Once mainstream investment funds recognize its strategic position and rise potential, a hundredfold increase may just be the starting point.

With the popularization of Blockchain applications and the increasing demand for interoperability, projects like WCT that solve fundamental connectivity issues may stand out in the next bull run, making it worthwhile to closely monitor their development dynamics and ecological construction.