Walrus (WAL) is the native token of the Walrus decentralized storage and data availability network built on the Sui blockchain, aimed at secure, scalable storage for Web3 apps and large files.
WAL is used for paying storage fees, staking, governance, and aligning incentives for storage node operators.
The price trades around $0.08–$0.09 USD, sharply below its all-time peak near ~$0.87 in March 2025, reflecting post-launch profit-taking and low liquidity.
Market cap and volume are modest, and short-term price action tracks broader crypto sentiment rather than standalone catalysts.
Recent developments — including exchange listings and large enterprise data migrations — could support long-term utility demand if adoption grows.
Technical resistance zones and key support levels will likely shape WAL’s next moves as investors debate whether its infrastructure role can sustain renewed interest.
@Walrus 🦭/acc $WAL #WALToken #wal