@Walrus 🦭/acc has been moving quietly, but the activity underneath is starting to stand out.
As of mid February 2026, $WAL trades around the R$0.09 to R$0.093 range after a sharp pullback. The token is down roughly 6 to 7 percent on the day and more than 20 percent on the week, broadly matching the pressure seen across mid cap altcoins. Even so, liquidity has held up. Daily volume remains above R$12 million, and market cap sits in the R$145 to R$150 million range, which suggests participation has not disappeared during the drawdown.
What keeps #Walrus relevant is not price action, but usage. It functions as Sui’s decentralized storage layer for large files, handling things like video archives, game assets, and AI datasets. Instead of full replication, data is split, encoded, and distributed so it can be recovered even if parts of the network go offline. Sui’s role is coordination rather than custody. It tracks availability and enforces payments without holding the data itself.
A concrete signal came earlier this month when Team Liquid migrated roughly 250TB of esports content to Walrus. That kind of move matters more than short term charts. Another development worth noting is WAL’s addition to Coinbase’s listing roadmap, which improves visibility even if no immediate listing follows.
Walrus is not flashy. It is infrastructure. If Sui’s ecosystem keeps expanding, storage demand grows quietly alongside it. That is where Walrus fits.
$WAL