📈 Tokenomics & "Hyperstaking"
The WAL token has a "burn" mechanism. When companies pay for storage, a portion of that WAL is permanently removed from circulation, creating deflationary pressure if the network becomes popular.
• Circulating Supply: ~1.58 Billion WAL.
• Current Sentiment: The price has recently hovered around $0.15 - $0.16. Investors are currently watching a "Binance Campaign" rewards program that has increased trading volume significantly this month.
⚠️ Potential Risks
• Vesting: There is a linear unlock of tokens for the team and community reserve happening over the next several years. Large "unlock events" can sometimes put downward pressure on the price.
• Sui Dependency: Since Walrus is deeply tied to the Sui ecosystem, its success is heavily linked to the overall adoption of the Sui blockchain.
