As of mid-October 2026, the token is showing high volatility and surges in trading activity:
Current price: Fluctuates between $0.035 and $0.06 (approximately 3.4โ5.8 rubles per coin).
Performance: In recent days, the token has seen a sharp daily increase of more than 35โ50%, driven by major ecosystem news.
Token issuance: The maximum supply is capped at 5 billion WAL tokens. Around 2.6 billion coins are currently in circulation. The model is deflationary (some coins are burned when fees are paid).
โ๏ธ Key functions of the WAL token
Within the Walrus ecosystem, the coin serves three key purposes:
Storage payments: Users pay in WAL for data storage. The protocolโs mechanisms stabilize service costs by pegging them to fiat currencies, smoothing out market fluctuations in the tokenโs price.
Security (Staking): Holders can delegate their coins to storage node operators, helping secure network consensus and earning staking rewards (around 12% APY).
Governance: Token holders can vote on network upgrade parameters, penalties for misbehaving nodes, and more.
๐ฐ Latest important project news
Integration with DATA Network: The Sui Foundation invested $30 million in migrating the DATA Network blockchain to Sui, making Walrus its default storage layer for AI data.
MemWal technological breakthrough: The protocol successfully launched an โAI Memory Layerโ that addresses the challenge of preserving context and training decentralized AI agents.