Recent Market & Exchange Updates
1. WAL Listed on Binance
Binance added Walrus ($WAL ) to its Spot and Alpha exchange platforms, enabling trading against pairs like WAL/USDT, WAL/USDC, WAL/BNB, and more. This increased exposure and accessibility for traders and HODLers.
AInvest
2. Binance HODLer Airdrop
Binance ran a HODLer Airdrop event where users who held BNB in specific products received WAL tokens as rewards. This airdrop brought more attention but also led to some short‑term selling pressure typical after airdrop claims.
3. Broader Exchange Listings
Beyond Binance, $WAL has been listed on other centralized exchanges like LBank (spot trading on WAL/USDT), helping increase liquidity and trading options.
4. Tokenomics & Supply Schedule
The WAL token has a 5 billion max supply, with a large portion (over 60%) allocated toward community initiatives, ecosystem growth, staking incentives, and subsidies. Most of the tokens are still locked or vesting over future years, which can affect long‑term price behavior.
Ecosystem and Institutional Interest
Grayscale Trusts Include WAL Exposure
Grayscale, a major institutional digital asset manager, introduced investment trusts that include exposure to Sui ecosystem tokens like WAL, reflecting institutional interest beyond just retail trading.
coindesk.com
Funding and Backing
Walrus secured a $140 million funding round with big investors (including Andreessen Horowitz), valuing the project at around $2 billion earlier in 2025 — evidence of significant developer and investor confidence in its decentralized storage mission.
Gate.com
Price Action & Market Sentiment
Volatility after Launch and Airdrops: The token saw spikes and sell‑offs, especially around major events like Binance airdrops and exchange listings.
HOKANEWS.COM
Range: Recent price charts from market aggregators show the token has traded in a range roughly between $0.12 and $0.16 over short periods, with earlier all‑time highs near $0.75 in 2025.
CoinGecko
Sentiment: Crypto community discussion shows mixed sentiment, with some traders focusing on long‑term storage protocol value and others noting short‑term price swings.
CoinGecko
Summary
Walrus ($WAL) continues to build momentum as a decentralized storage infrastructure token with real use cases around large data storage tied to the Sui blockchain. Recent developments include:
Live trading on major exchanges like Binance and LBank,
Airdrop initiatives boosting user participation,
Institutional interest via products like Grayscale trust exposure,
A tokenomics model focused on community and ecosystem growth.
However, like many infrastructure tokens, $WAL has shown price volatility and is influenced by broader market trends and unlock schedules from its large token supply.
