The original code for Walrus Protocol, $ Wal, on rupture. More than 11 % over the past 24 hours, the bullish momentum does not show any sign of slowdown.
Built on sui Blockchain, officially decentralized data storage protocol It was launched on March 27 The best 80 coded currencies have already cracked depending on the market value.
During a successful Airdrop momentum, $ Wal was immediately listed through many central stock exchanges, including bybit, kucoin, bitget and Binance, although some lists are limited to future trading.
Although a preliminary decrease after launching more than 70 % witnessed the $ WAR test less than $ 0.3557, the distinctive symbol has returned to return.
In the last two weeks alone, $ Wal has risen to a height of $ 0.6125, prompting the market ceiling to about 806 million dollars.
While it is still 30 % lower than its height of $ 0.8742, $ Wal is gaining floor, especially in the AI/ML columns, games, and NFT.
Rhetoric collapse: How to change the programmable storage game
The Walrus protocol is improved to store large binary organisms, or “points”, such as photos, videos, PDFS and the entire applications.
At the time of the press, the platform includes 333.33 TB in the total storage capacity, with more than 3367 GB already across more than 3.25 million points, each. Walruscan data.
What distinguishes the rude is its programming. Thanks to the SUI smart contracts, users get safe, private and intense storage.
Walrus did not smile away from the challenges in the industry.
In a recent statement, they confirmed: “Walrus stores data in particular, securely, in a centralized way. Filecoin cannot do this – it’s a billion dollar project …”
With the support of the main VCS, Rude collection 140 million dollars In the difficult market environment, led by Crypto Standard, with the participation of A16z Crypto, Electric Capital and Franklin Templeton Digital Assets.
The total total of the distinctive raising of the distinctive symbol in Walrus is $ 2 billion.
The risk rises as a DePin leader, with the high derivatives and derivatives activity
Occupy now k 4 The largest project In the decentralized physical infrastructure sector (DePin), only Velikoin, a width, and bittensor.
The rhetoric is coming to this place No. 1
Filecoin may be driving in the market market at the present time, but when it comes to technology, Walrusprotocol Her water strikes.
It is faster and more efficient and has more intelligent design.
With everything that matters, the rude is better and the market … pic.twitter.com/Foe6ubpzt– Suigma (Suigmatrix) April 28, 2025
With the maximum DePin market currently at $ 18 billion and its estimation expectations It can reach $ 3.5 trillion by 2028Walrus sets himself to capture a large segment of this emerging market.
Modern partnerships feed the fire. Last month, NAMI Cloud launched the Mainnet and API publisher, which is compatible with the S3 on the Walrus Protocol, relieving Web2 to Web3.
Even the penguins, the popular NFT brand jumped, hosted NFT stickers and GIF photos on the protocol.
The interest in $ Wal also exploded on the series.
According to To Coinglass, Walrus recorded the highest trading volume between the distinctive DePin icons during the past 24 hours, with an exchange of more than 77 million dollars, which represents an increase of 67 %.
The protocol also opened interest (OI), with a rise of 22 % and more than 32 million dollars of capital, which traders are betting on more upward trend.
Technical expectations
On the graph for 4 hours for $ Wal/$ USDT, the distinctive symbol was released from a convergence channel after a sharp corrective phase of the peak of $ 0.695.
Currently, the distinctive symbol is trading at $ 0.6075, higher than the SMA 9-term moving average (SMA), which works as dynamic support at $ 0.5768.
The following main resistance is about $ 0.695, and the confirmed interruption can open above this level of the path towards the region from 0.80 to $ 1.00, as shown in the graph.
RSI is 58.67, which reflects the moderate upholstery. It seems that the previous declining difference, as the price made the highest levels higher, but the RSI made lower levels, is resolved with the index height again in line with the price.
The general structure indicates a possible continuation of the upward trend, especially if the price closes more than $ 0.695 with a strong size.
If this step fails, support about SMA and previous spacious resistance can be expected, which has now turned into support near a scope of 0.55 – 0.57 dollars.
Pamphlet Rising rising protocol: AI, NFTS, and DePin Fuel $ Wal’s 70 % First appear on Cryptonews.
