The value of a utility token is only as strong as its demand sinks. The $WAL token is central to the @walrusprotocol ecosystem, serving multiple critical functions. Beyond staking for network security and participating in governance, $WAL is used to pay for storage resources. Interestingly, the protocol implements a burn mechanism where storage transactions contribute to reducing the circulating supply over time. As the demand for decentralized storage grows—driven by NFTs, AI, and dApps—the deflationary pressure on $WAL could become a significant catalyst for price action. In the current 2026 market, projects with real utility and sustainable tokenomics like #Walrus are standing out from the noise.

