Walrus Coin ($WAL) is a project built on the Sui blockchain that focuses on decentralized storage for large files like videos, audio, and images. It’s basically trying to replace traditional cloud services with something more secure, scalable, and user-controlled. I really like how it uses smart contracts for file access and even offers staking and governance features to keep the ecosystem active.
Right now, about 1.3 billion WAL tokens are in circulation, and the price is around $0.65. It recently hit an all-time high of $0.685. Trading volume is solid—over $100 million in 24 hours—which shows growing interest. Plus, it’s backed by big names like a16z and Franklin Templeton, which definitely gives it some weight in the market.
From a technical point of view, the price bounced off the $0.53 support and is testing resistance around $0.685. RSI is nearing 70, so we might see a short-term pullback, but if it breaks that resistance, I think $0.75 to $0.80 is on the table. Overall, WAL is a solid project that’s definitely on my radar right now.
