Walrus (WAL) is the utility token of the Walrus decentralized data storage and data markets protocol built on the Sui blockchain, aimed at secure, provable, monetizable data for AI and Web3 applications.
WAL currently trades at around $0.08–$0.09 USD, with a market cap of roughly $135M, far below its all‑time high (~$0.87) from March 2025.
Price action shows high volatility and wide swings historically, typical of emerging altcoins tied to both crypto sentiment and adoption narratives.
Near‑term technical outlook is neutral‑to‑bearish, trading in a range with key support near ~$0.07 and resistance around ~$0.09–$0.10; broader crypto market trends significantly influence WAL’s path.
Long‑term interest depends on uptake of decentralized storage use cases and activity on the Sui network, but risks from macro sell‑offs and low liquidity remain.
@Walrus 🦭/acc $WAL #WALProtocol #wal