Web3 right now is recreating the golden era of the internet from 2010-2020. Even though the market is flooded with altcoin bubbles, without exception, all the cash cow companies that survive in the end are dominant unicorns. Projects with cash flow will ultimately weather the bull and bear cycles, like AAVE and UNI. As the leading wallet infrastructure @WalletConnect, its total transaction value has already reached $400 billion. Collaborations with institutions and public chains are also strengthening, such as the recent partnership with Sui. It’s highly likely to become one of the projects in the wallet/payment infrastructure space that will endure through bull and bear markets. What many people haven’t noticed is that @WalletConnect recently introduced a new fee mechanism: transaction fees are now paid in WCT. This feature directly enhances WCT’s deflationary nature, locking in WCT’s long-term ecosystem value. This kind of empowerment is similar to a buyback—so long as there’s demand for on-chain payments, WCT will gradually kickstart its flywheel. WalletConnect is also collaborating with DTCPay to launch WalletConnect Pay. It’s gradually transforming from a “low-level communication protocol” to an “application-level development platform.” This is just the beginning, and in 10 years, most countries and regions will likely be using WalletConnect’s infrastructure services.