#walrus $WAL @Walrus 🦭/acc

Valuation Reality Check: Is WAL Still Undervalued in the Storage Narrative? (≈154 words)

Despite the recent pump, Walrus (WAL) remains one of the more reasonably valued infra plays in the current cycle. At ~$0.12–$0.15 range with ~1.58B circulating supply and 5B max, its FDV sits comfortably below many overhyped competitors. Yet fundamentals are superior: Sui-native, censorship-resistant storage for large unstructured data (videos, AI datasets, gaming assets), plus stable fiat-denominated pricing model that shields users from crypto volatility.

Network incentives are well-designed—WAL powers payments, security via delegated staking, governance, and future burns from usage growth. Trading volume consistently in the tens of millions daily shows liquidity isn't fake. Compared to Filecoin/Arweave, Walrus offers faster reads/writes and better economics for AI-era use cases.

We're still early in adoption; if data markets take off as projected, this could be a multi-bagger from here. Risk/reward skews positive for patient holders. Watch for ecosystem grants and dev activity as the next catalysts.