WAL Gains Momentum Following Rising On-chain Activity After Mainnet Launch

2025-04-03
WAL Gains Momentum Following Rising On-chain Activity After Mainnet Launch

WAL is gaining attention across the market following the official launch of the Walrus mainnet. In just 6 days, the WAL token has recorded more than $21.8M in trading volume, reached over 49,000 holders, and risen 6.27% in 24 hours to $0.58. 

Alongside this, on-chain data shows a rapidly growing user base and significant storage interaction using blob-based data structures.

With its clear focus on decentralised data management, Walrus is now being recognised not only for its infrastructure but also for the growing value of its native token.

WAL Price Performance After Launch

The WAL token launched shortly after the Walrus mainnet went live. Since then, it has delivered a consistent upward trend with solid volume and active participation. With a current market cap of $725.1M and a fully diluted valuation of $2.9B, WAL is quickly building momentum.

Source: Gecko Terminal

Price is currently $0.58, up 6.27% over the past 24 hours. There have been 27,046 transactions in that time, with buy orders slightly ahead of sell orders. Liquidity stands at $6.19M, which is healthy enough to support volatility and rapid trades.

Trading volume has reached $21.8M in just 1 day, which is a major sign of strong interest from both retail and institutional traders. Despite being just 6 days old, WAL has already shown the kind of metrics that typically take projects weeks or months to establish.

The token supply is being actively staked, and the holder count has passed 49,550 users. That level of distribution indicates growing confidence in both the token utility and the future of the Walrus chain.

Blockchain Activity Proves Real Usage

Beyond trading, the Walrus blockchain is showing extremely strong early performance from a data activity perspective. 

Source: WAL’s Blockchain Scanner

Blobs, which are units of data written and stored on-chain, are central to how the network functions. These blobs are a direct reflection of usage and developer integration.

As of now, the chain has processed 1,785,189 blobs and recorded 3,774,047 blob events. This scale of engagement in under a week is rare. It suggests that Walrus is not a speculative shell but a chain being actively used.

Storage capacity is at 4,166.67 TB with 156,042.59 GB already used. There are 111 storage nodes running and 103 operators onboard. 

Upload speed is stable at 1.47 MB/s, and the average blob size is 2.9 MB. This indicates not only developer interest but real user input and content flow across the network.

Other key on-chain stats include:

  • 55,474 total accounts
  • +4,002 new accounts in the past 24 hours
  • 53 active projects out of 125 registered
  • 12 out of 12 active sites running

Storage price per MB is 100,000 FROST, and write price per MB is 20,000 FROST. This fee model provides sustainable economics for data uploaders and node operators alike.

In short, blockchain metrics show a thriving new ecosystem forming around WAL, with sustained activity, storage demand, and participation.

Read more: Walrus Protocol Airdrop: How to Earn Free $WAL Tokens

Long-Term Potential and Bitrue Listing

The launch of Walrus positions it as a new infrastructure layer focused on data-first blockchain use cases. 

As decentralised storage becomes a larger narrative in the ecosystem, WAL stands to benefit from being among the first to offer a chain optimised for blob operations and scalable data interaction.

From a market perspective, WAL’s long-term potential will depend on continued user growth, stable storage incentives, and application development on the chain. 

The fact that the project already supports real data metrics within days of launch is a strong indicator of product-market fit.

Adding to this, WAL has now been officially listed on Bitrue. This provides global access to users looking to trade the token with speed and reliability. 

Bitrue offers deep liquidity and supports both spot and advanced trading options, making it a strategic platform for anyone engaging with WAL either as a trader or long-term holder.

With on-chain activity rising, token holders now have a reliable venue to participate in the ecosystem and monitor price movements. The Bitrue listing is expected to increase trading exposure and could support broader adoption as more exchanges follow.

Conclusion

The WAL token is gaining early traction following the successful launch of the Walrus mainnet. Price performance has been positive, trading volume is high, and the blockchain itself is already showing substantial usage. 

From blobs to capacity metrics, every signal points to an engaged community and an active ecosystem.

Read more: What Is the Walrus Airdrop

As WAL continues to attract interest from both developers and traders, the presence of platforms like Bitrue ensures a smooth onboarding process for new users. The chain has only been live for six days, but momentum is already building.

The coming weeks will be critical for assessing whether WAL can maintain this growth. For now, early indicators suggest that the Walrus network is off to a strong start.

Frequently Asked Questions

What is the WAL token used for
WAL is the native token of the Walrus blockchain, used for data transactions, staking, storage operations, and participating in governance through the DAO.

Why did WAL’s price increase after launch
The price increase is driven by rising trading volume, on-chain usage, and user growth following the Walrus mainnet launch. Early metrics suggest high engagement and organic demand.

Where can I trade WAL
You can trade WAL on Bitrue, which offers fast execution, strong liquidity, and full support for both spot and advanced trading features.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

Bitrue Official Website:

Website: https://www.bitrue.com/

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

Disclaimer: The content of this article does not constitute financial or investment advice.

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