Walrus
WAL#362 by market capQualifies for a record and its pages are captured daily, but the record has not been written yet.
Walrus is for decentralised storage. We have not written its record yet, so its promises are not checked. It trades at $0.0274, #354 of all coins by size, 96% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. #5 of 21 storage networks. Nothing to be careful of on the record.
Is it real?
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Passes all four
- ✓A real-world jobReal-world purpose: decentralised storage
- ✓Real backingBacking: trades on Coinbase, Crypto.com, Kraken
- ✓Something aheadAhead: news this month about upgrade
- ✓Room to growRoom: worth $70.31M, 10 times smaller than Filecoin, the biggest coin within reach doing the same thing (Storage)
Listed on 8 big exchanges
- Origin14 May 2025about about 16 monthswalrus.xyz, GitHub, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingNo named investorListed on Coinbase, Crypto.com, Kraken, Binance
- Standing on the recordNo recordNo dated promise to judge yet2 headlines last monthNo corrections needed so far
- Real-world purpose: decentralised storage
- Backing: trades on Coinbase, Crypto.com, Kraken
- Ahead: news this month about upgrade
- Room: worth $70.31M, 10 times smaller than Filecoin, the biggest coin within reach doing the same thing (Storage)
It is already worth more than the typical coin in Storage ($13.51M). To match the leader, Filecoin ($733.96M), its price would need to rise 944%, to about $0.2861.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- No named investor among its tags
- Only 2 headlines named it last month
- Years younger than the group's leader
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Decentralised storage
21 coins tagged Storage, worth $1.66B together. #5 of 21 by worth.
Storage: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Walrus$70.31Mthis coin−3.5%51% outno record
Filecoin$733.96M10.4× bigger, +$663.64M−12.2%, gap −8.7no maxnone dated
BitTorrent$322.77M4.6× bigger, +$252.45M−1.3%, gap +2.2100% outnone dated
Arweave$175.96M2.5× bigger, +$105.64M−5.3%, gap −1.899% outnone dated
AIOZ Network$91.47M1.3× bigger, +$21.15M+1.5%, gap +5.0no maxno record
Holo$66.22M1.1× smaller, −$4.09M−1.4%, gap +2.1no max17 of 19 delivered
Siacoin$43.24M1.6× smaller, −$27.07M−5.9%, gap −2.5no maxno record
Ocean Protocol$38.51M1.8× smaller, −$31.8M+1.0%, gap +4.517% outno record
Storage: this coin next to Filecoin, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Walrus says
- Walrus is a developer platform enabling data markets for the AI era, making data across all industries trustworthy, provable, monetizable, and secure.
- Filecoin says
- Filecoin describes itself as a decentralized way to store data, as an alternative to using cloud storage companies.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Walrus is a developer platform enabling data markets for the AI era, making data across all industries trustworthy, provable, monetizable, and secure.
Problem it says it solves: decentralised storage. 21 coins are working on it and together they are worth $1,658,269,102. This coin is 4% of that.
Where it trades: Coinbase, Crypto.com, Kraken, Binance, Bybit
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Storage: this coin next to the group's largest, Filecoin.
| Walrus | Filecoin | |
|---|---|---|
| Years trading | 1 year | 5 years |
| Major exchanges | 8 | 10 |
| Named backers | 0 | 3 |
| Headlines, last month | 2 | 86 |
| Promises delivered | no record | no record |
What it says is different: Walrus is a developer platform enabling data markets for the AI era, making data across all industries trustworthy, provable, monetizable, and secure.
It is 9.6% the size of Filecoin. On the facts above it is behind on years trading, major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $0.7592 on 14 May 2025. Today is 4% of that.
51%
of all WAL that will ever exist is already out in public hands: 2.56B coins.
49% (2.44B coins) is already created but not in public hands, held by the project or locked in escrow. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Its pages do not say what holding it gets you
That is worth knowing before buying. A coin nobody needs is priced on hope.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 2.56B of 5B.
- 2.44Bcoins still to be released, 49% of the maximum. Releases can add selling pressure.
- 2.0×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $0.7592 on 14 May 2025. That is −96.4% from the top.
- #354by market cap, $70,312,596.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
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Headlines per day, last 30 days
2 headlines named this coin in the last month.
What they were about
- Upgrade1
- AI1
- SUI Creators Launch $140 Million Walrus Crypto Project for AI Data Security
- Exclusive: Walrus Foundation raises $140 million from Standard Crypto and a16z for a high speed storage network - Fortune
Headlines are the publishers' own. News is never placed next to price.
The record itself
Qualifies for a record and its pages are captured daily, but the record has not been written yet.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy