WAL Price Rises Sharply, Walrus Trading Volume Also Surges

In the last 24 hours, the value of WAL changing hands was more than twice its own market capitalization. That is the most striking picture of WAL's price today. 

WAL trading volume surged to around USD 320 million, while WAL's price increase occurred only a few weeks after the token touched its lowest point.

Key Takeaways

• WAL price is around USD 0.0557, up about 14% in 24 hours with volume surging more than threefold.
• The cause of the increase cannot be determined, and very large derivatives activity signals high speculation.
• Liquidity is relatively thin and the price is still around 93% below its peak, so the risk remains high.

WAL Price Today and the Volume Surge

According to CoinMarketCap data, Walrus (WAL) is trading at around USD 0.05569, up 13.81% in 24 hours, and ranks #159. Its market capitalization is USD 145.77 million with an FDV of USD 278.48 million. 

In rupiah, its price ranges from Rp1,000 to Rp1,060 per WAL, depending on the source and update time.

The 24-hour volume reached around USD 320.53 million, up 387.2% from the previous day. The volume-to-market-cap ratio touched 213.12%. This means the daily transaction value far exceeds the value of all circulating WAL. CoinGecko recorded a similar figure, with volume of around USD 298 million, up 334.10%.

Figures across platforms are not exactly the same because update times differ. The price on the CoinMarketCap page when opened was USD 0.05901 (+19.09%), while CoinGecko showed USD 0.05577 (+14.4%).

Want to monitor WAL movements from a verified account? Register first on Bittime.

Why Is the WAL Price Rising?

This question comes up most often, but the answer is not yet clear. CoinGecko lists two recent news headlines on the WAL page: the launch of the Console platform, which is said to be accompanied by a price surge, and Walrus joining Google Cloud and Mysten Labs for AI agent verification. 

Price context is also important. CoinMarketCap recorded WAL's all-time low at USD 0.02006 on August 14, 2026. 

From that level, the price is now around 175% to 190% higher. According to CoinGecko, WAL rose 64.6% in seven days and 110.3% in 30 days. Such a sharp increase often attracts short-term traders, and the high volume indicates that.

Read Also: BIS Reveals New Potential for XRP Ledger for the Digital Financial System

WAL Price Analysis: Chart Patterns and Derivatives

On the 4-hour chart, WAL moved sideways in the USD 0.03 to 0.04 range during early October. Around October 13 to 14, the price shot up to the USD 0.06 to 0.066 area. 

The last candle was red with a 3.74% decline: opened at USD 0.05770, high of USD 0.06062, low of USD 0.05303, and closed at USD 0.05569. This correction indicates some market participants began taking profits after the surge.

The derivatives market adds color. According to CoinGecko, WAL perpetual open interest is around USD 557 million, or 381.67% of market capitalization. Perpetual volume is 11.5 times spot volume. 

The eight-hour funding rate was negative at −2.2760%, meaning short positions pay long positions. This figure describes many participants betting on a price decline, while also indicating a market heavy with leverage.

South Korean exchanges also play a role. In CoinGecko's market table, the WAL/KRW pair on Upbit accounts for around 34% of volume, followed by WAL/USDT on Binance at around 15.6%.

Read Also: Popular Tokenized Stocks 2026: Technology Shares Become Investor Favorites

Things to Watch Out For

The following data is worth noting before making a decision:

• Thin liquidity. The liquidity-to-market-cap ratio is only 1.13% according to CoinMarketCap, so the price can easily move sharply in both directions.
• Distance from peak. The all-time high reached USD 0.8742 on March 27, 2025. The current price is still around 93% below it.
• Supply is not fully circulating. Around 2.61 billion of 5 billion WAL (52.35%) is already circulating, so the remaining supply can still affect the market in the future.
• High leverage. Derivatives activity far exceeding spot increases the risk of cascading liquidations.

Walrus itself is described by CoinMarketCap as a developer platform for data markets in the AI era. The WAL token runs on the Sui network, with source code in the MystenLabs GitHub repository. Its CertiK rating is 4.5, but this score does not guarantee investment safety.

Read Also: 10+ Best AI Coins 2026: Here Is the List of Artificial Intelligence-Themed Cryptos! 

Conclusion

WAL price rises sharply with trading volume far exceeding market capitalization. The exact cause is not yet clear, while derivatives and liquidity data indicate a speculative market. Monitor data from several sources and prepare risk management before trading.

Check the prices of Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), GRAM, and BNB as well as the leading memecoin DOGE. You can trade directly on Bittime!

Bittime is a licensed Digital Financial Asset Trader (PAKD) platform supervised by the Financial Services Authority — where you can buy Bitcoin in Indonesia and hundreds of other crypto assets starting from Rp10,000. The registration process is fast, secure, and can be started today.

Monitor the conversion USDT to IDR and the price movements of your favorite crypto assets in real time. All are available in one crypto investment app that can be downloaded for free on the Play Store.

Ready to start? Register now on Bittime and execute your investment strategy with a platform trusted by millions of users in Indonesia.

FAQ

1. What is the WAL price today?

Based on CoinMarketCap data at the time of checking, WAL is around USD 0.05569. This figure moves quickly, so it needs to be checked again on the platform before trading.

2. What does a volume ratio of 213% of market capitalization mean?

The 24-hour transaction value is more than twice the value of all circulating WAL. Such a high ratio usually indicates very active trading turnover.

3. Will WAL's increase definitely continue?

There is no guarantee. The last 4-hour candle is already red, and a derivatives market heavy with leverage can make the price reverse direction quickly.

4. Where is WAL traded?

According to CoinGecko, WAL is available on exchanges such as Binance, Bybit, KuCoin, Upbit, and Coinbase Exchange. Availability on Indonesian platforms should be checked directly in their respective apps.