What Drives WAL Demand? Actual Network Usage — Not Just Speculation
In many crypto projects, token demand is driven primarily by price hype. With $WAL, the driving force is real protocol utility — meaning the more the network is used, the more meaningful demand the token sees. @Walrus 🦭/acc requires WAL for essential functions, especially as developers and builders store data on the decentralized storage layer. When data is added to Walrus, users pay upfront in $WAL tokens, and those tokens are then distributed over time to storage providers and stakers as compensation for their service. This creates a direct usage-linked demand for WAL that scales with adoption, not chatter.
Beyond payments, $WAL’s utility expands to staking and governance — meaning participants must hold and use $WAL to support storage operations and contribute to protocol decisions. This multi-layered demand structure ties token usage directly to the network’s economic activity, not solely market speculation.
As decentralized storage usage grows — from NFT media and AI datasets to decentralized apps — the need for WAL continues to scale, making network utility a core driver of long-term token relevance.
