As of January 06, 2026, $WAL – the native token of Walrus Protocol (@WalrusProtocol) on the Sui blockchain – is trading around $0.12 - $0.14 USD, with a market cap of approximately $190 - $220 million USD, ranking in the top 200-300 on CoinMarketCap/CoinGecko.


The project continues to advance strongly in decentralized storage (DePIN), emphasizing AI data with updates like expanding the AI Data Market and new partnerships (e.g., with io.net). Trading volume remains stable, and the community is actively discussing real-world utility: large blob storage, censorship resistance, and low costs.


$WAL is used for storage payments, node rewards, and governance. Backed by significant funding ($140M raised in 2025) and long-term potential in Web3 + AI, Walrus remains a noteworthy infrastructure project, though the price is sideways after its ATH of ~$0.76 in 2025