#BinanceHODLerWAL Here you have a clear and precise summary of Walrus (WAL)
🧐 What is WAL?
Project: Walrus is a decentralized storage protocol developed by Mysten Labs, on the blockchain $SUI
Token $WAL : is its native token. It was launched along with the mainnet on March 27, 2025.
✍🏻 Key data
Feature/Details:
🔹Total supply 5,000,000,000 WAL
🔹Initial circulation 1,250,000,000 WAL
🔹Blockchain Sui Network
🔹Main use case Decentralized data storage with technologies such as erasure coding for efficiency, low replication, recovery if multiple nodes fail
➡️ Status and participation on Binance
🔹WAL was included in Binance's perpetual futures markets with leverage of up to 25×.
🔹It also appears as a Binance Alpha project with certain point requirements to participate in the WAL token airdrop phase.
⚠️ Considerations:
🔹High volatility: like many new tokens, its price has experienced large changes since its announcement.
🔹Risk associated with new networks and emerging protocols: although its technical proposal is strong, there is always risk in adoption, competition, security, etc.
