Gate News Bot Message, January 09: According to CoinMarketCap data, at the time of press, WAL (Walrus) is trading at $0.16, up 13.92% in the past 24 hours, with a high of $0.16 and a low of $0.13. The 24-hour trading volume reached $58.7 million. The current market capitalization is approximately $245 million, an increase of $29.9 million from yesterday.
Walrus is a developer platform for data markets empowered for the AI era, dedicated to making global data reliable, valuable, and manageable. Built on the Sui chain, Walrus offers cost-effective data storage, accessible anytime and anywhere, efficient read/write performance, and data verifiability. The platform supports storage of various data types including websites, images, documents, music, ledger data, podcasts, datasets, videos, and blockchain archives. Walrus has partnered with multiple ecosystem projects such as Decrypt, Talus, Itheum, Linera, providing solutions for AI, data economy, DeFi, content, and media sectors. The Walrus Foundation has raised $140 million from Standard Crypto and a16z to support the development of high-speed storage networks.
Recent important news about WAL:
1️⃣ Grayscale Trust Product Launches to Support Institutional Deployment
Grayscale has launched the WAL Sui protocol trust product, marking recognition of WAL by mainstream asset management institutions. The launch of institutional-grade trust products provides compliant participation channels for professional investors, helping attract more institutional funds and supporting the token price upward.
2️⃣ Exchange Ecosystem Expansion Enhances Liquidity
The WAL token is now listed on multiple major trading platforms. The expansion of the exchange ecosystem significantly improves market liquidity. The 24-hour trading volume of $58.7 million reflects increased investor participation, and higher liquidity benefits the price discovery process.
3️⃣ AI Data Market Sector Outlook Drives Valuation Increase
As a data storage and management platform designed for the AI era, Walrus positions itself as an AI-era data infrastructure. With the rapid development of AI applications, the demand for reliable and efficient data storage is growing. The long-term growth potential of this sector attracts market attention and has become a key fundamental support for the recent price increase.
This message does not constitute investment advice. Investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC drops 1.03% in 15 minutes: tighter macro liquidity and derivatives synchronized to amplify sell-off pressure
From 23:30 to 23:45 (UTC) on 2026-04-07, the BTC price rapidly fell within 15 minutes, with a return of -1.03%. The price range was 71,905.7 to 72,760.5 USDT, and the amplitude was 1.17%. Market attention remained high; intraday volatility significantly increased. Trading volumes across major platforms briefly surged, indicating that selling pressure and risk-avoidance sentiment had permeated mainstream cryptocurrencies.
The main drivers of this deviation were the continued tightening of macro liquidity under the Fed’s hawkish signals and a concentrated adjustment in the BTC derivatives market. The Fed’s interest rate in March 2026
GateNews29m ago
Peter Schiff Challenges Michael Saylor as Bitcoin Debate Heats Up
Peter Schiff and Michael Saylor recently debated Bitcoin's performance, with Schiff arguing it underperformed gold and equities over five years, while Saylor highlighted shorter-term gains. Their dispute illustrates the complexity of data selection in assessing investment viability.
CryptoFrontNews41m ago
BTC 15-minute surge of 1.07%: On-chain activity spikes and ETF fund inflows synchronize to drive the move
2026-04-07 22:45 to 2026-04-07 23:00 (UTC), the BTC price recorded a +1.07% return. The price range was 70,733.5 to 71,518.9 USDT, with a 1.11% amplitude. Short-term volatility intensified, drawing strong market attention. On-chain data shows the number of active addresses rose to 38,971, up 5.2% from the previous hour. The total number of addresses added approximately 252,780 within an hour; network activity and new user growth increased significantly, becoming the incremental market momentum behind the unusual move. Spot trading volume reached 11
GateNews1h ago
ETH 15-minute increase of 0.64%: Short-term capital inflows and sentiment shifts drive price fluctuations
2026-04-07 22:00 to 22:15 (UTC), the ETH price ranged between 2145.02 and 2165.83 USDT, and the 15-minute candlestick return reached +0.64%, with a trading range (amplitude) of 0.97%. Market volatility increased and attention rose, indicating short-term activity driven by rapid capital flows.
The main driving force behind this unusual move is that, in the short term, some funds flowed into ETH. Investors are focusing on ETH mainnet assets, and buying interest increased, pushing spot prices higher. At the same time, DeFi and stablecoin-related trading remained active, boosting on-chain liquidity and helping to support a
GateNews1h ago
BTC 15-minute jump of 0.52%: institutional capital inflows and derivatives leverage driving market upside
2026-04-07 22:00 to 2026-04-07 22:15 (UTC), BTC recorded a 15-minute K-line return of +0.52%, with a trading range of 69,919.3 to 70,561.1 USDT and a swing of 0.92%. This bout of abnormal movement occurred against the backdrop of BTC breaking through the $70,000 level, rising market attention, and heightened short-term volatility.
The main driving force behind this abnormal move was the inflow of large-scale institutional funds and a synchronized buy-side response tied to ETFs. Among them, an ETF product under a global asset management giant transferred 1,1
GateNews2h ago
XRP Stabilizes Near Key Levels Amid Fed Pressure and Rule Shift
Key Insights
XRP stabilized near $1.31 as macroeconomic pressures and declining liquidity combined to limit recovery momentum and increase short-term volatility risks significantly.
Proposed stablecoin regulations favor utility models, positioning RLUSD for growth while reducing incentives t
CryptoNewsLand2h ago
