Walrus
WALBINANCE
Product information
What is Walrus (WAL)?
Walrus is a storage protocol developed for storing large files (blobs) in a decentralized way. Designed by Mysten Labs, the developer of the Sui blockchain, the protocol uses Sui for coordination and payments; its mainnet launched in 2025. Data is split into pieces using encoding techniques and distributed across many storage nodes, with the aim of allowing the data to be reconstructed even if some nodes go offline.
WAL is the native token of Walrus. Users pay WAL for storage services; storage nodes stake WAL to join the network, and token holders can delegate to these nodes. The token is also used in governance processes concerning protocol parameters. Walrus targets use cases such as AI datasets, media files and decentralized websites.
The development of storage demand, the growth of applications in the Sui ecosystem and general crypto market conditions can affect the value of WAL. On Lzzo.com, the Walrus price is shown by converting the Binance WAL/USDT pair to US dollars using Coinbase Exchange's USDT/USD observation; it is a reference for information only.
Sources: walrus.xyz, defillama.com
- Name
- Walrus
- Symbol
- WAL
- Market
- Crypto
What to look for in the technical analysis of Walrus
Moving averages help assess the trend and RSI helps assess momentum. Indicators are calculated from real history; when there is not enough history or the required candle fields are missing, the indicator is not calculated. Past results do not guarantee future performance.
Technical indicators
Calculated from observed daily candles (at least 201 observations). No intraday indicators. Indicators are descriptive, not a buy/sell recommendation.
Investment Return CalculatorWith observed closes over the past year
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