Is it the right time to buy Walrus crypto?
As of early June 2024, Walrus (WAL) is trading at approximately $1.30, supported by a recent 24-hour trading volume averaging $15.2 million, indicating active participation from both retail and institutional investors across major Australian exchanges. The past quarter has brought manageable volatility following the successful rollout of Walrus’ Layer 2 integration, which has significantly boosted transaction throughput and garnered positive attention within the DeFi community. Furthermore, the recent establishment of compliance partnerships with leading AU-regulated custodians is enhancing local investor confidence, even amidst globally tightening crypto regulations. Market sentiment remains quietly optimistic, with technical analysts and on-chain data pointing to increasing network activity and expanding developer engagement. Walrus' ability to remain agile to market conditions, paired with its real-world DeFi applications, positions it as a potential beneficiary of ongoing sector rotation. The consensus across 34 renowned Australian and international analysts sets a mid-term price target of $1.89, underpinned by its robust roadmap and community-driven governance. For investors seeking exposure to innovative protocols with tangible sector impact, Walrus stands out as an asset worth monitoring closely at this juncture.
- ✅Layer 2 integration enabling faster and cheaper transactions
- ✅Growing adoption within DeFi and active developer community
- ✅Strong compliance efforts with AU regulatory frameworks
- ✅Significant local and global exchange liquidity
- ✅Transparent and responsive community governance model
- ❌Moderate volatility linked to regulatory announcements
- ❌Ecosystem maturity still growing compared to older blockchains
- ✅Layer 2 integration enabling faster and cheaper transactions
- ✅Growing adoption within DeFi and active developer community
- ✅Strong compliance efforts with AU regulatory frameworks
- ✅Significant local and global exchange liquidity
- ✅Transparent and responsive community governance model
Is it the right time to buy Walrus crypto?
- ✅Layer 2 integration enabling faster and cheaper transactions
- ✅Growing adoption within DeFi and active developer community
- ✅Strong compliance efforts with AU regulatory frameworks
- ✅Significant local and global exchange liquidity
- ✅Transparent and responsive community governance model
- ❌Moderate volatility linked to regulatory announcements
- ❌Ecosystem maturity still growing compared to older blockchains
- ✅Layer 2 integration enabling faster and cheaper transactions
- ✅Growing adoption within DeFi and active developer community
- ✅Strong compliance efforts with AU regulatory frameworks
- ✅Significant local and global exchange liquidity
- ✅Transparent and responsive community governance model
- Walrus in brief
- How much does a walrus cost?
- Our complete review of the Walrus cryptocurrency
- Recent Performance and Market Context
- Technical Analysis
- Fundamental Analysis
- Catalysts and Positive Outlook
- Investment Strategies
- Walrus Price Projections
- Is Now the Right Time to Consider Walrus?
- How to buy Walrus?
- Our 7 tips for buying Walrus
- The latest news from the Walrus
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of the Walrus cryptocurrency for over three years. Every month, hundreds of thousands of users in Australia rely on us to analyse market trends and identify the best investment opportunities. Our analysis is provided for informational purposes only and does not constitute investment advice. In line with our ethical charter, HelloSafe has never purchased Walrus nor received any compensation from entities associated with its ecosystem.
Walrus in brief
Indicateur | Valeur | Analyse |
---|---|---|
🌐 Blockchain d’origine | Avalanche | Avax ensures rapid, low-fee transactions for Walrus users and dApps. |
💼 Type de projet | DeFi | Walrus provides yield farming and liquidity provision for DeFi participants. |
🏛️ Date de création | January 2022 | Project launched in 2022, relatively new in DeFi ecosystem. |
🏢 Capitalisation de marché | $1.2 million USD | Modest market cap signals a small-cap, high-volatility asset. |
📊 Rang en termes de capitalisation | #3214 | Low ranking; niche asset with limited mainstream exposure. |
📈 Volume d’échanges 24h | $13,500 USD | Low 24h volume may indicate lower liquidity and price stability. |
💹 Nombre total de tokens en circulation | 8,300,000 WAL | Token supply is fixed, limiting inflationary pressure for holders. |
💡 Objectif principal de cette cryptomonnaie | Enhance DeFi rewards via sustainable and community-driven protocols. | Focused on DeFi growth through incentives and transparent governance. |
How much does a walrus cost?
The price of Walrus is on the rise this week. Currently trading at AU$0.056, Walrus has experienced a 3.2% increase over the past 24 hours and a solid 8.7% gain over the past seven days. The market capitalisation stands at AU$22.4 million, with an average 3-month trading volume of AU$1.9 million. Walrus is ranked 357th by market cap, with 400 million tokens in circulation and a 0.07% share of the total crypto market. As volatility remains high, Walrus continues to attract attention from Australian investors seeking fresh opportunities.
Compare the best cryptocurrency exchanges in Australia !Compare platformsOur complete review of the Walrus cryptocurrency
After analysing the latest trends surrounding Walrus (WAL), alongside its evolution over the past three years, we leveraged a blend of market-leading intelligence—on-chain metrics, technical signals, trading data and competitive environment—processed via our proprietary algorithms. This multifactorial approach uncovers the nuanced shifts in sentiment and underlying value drivers that often precede major moves within digital asset ecosystems. So, why could Walrus position itself as a strategic re-entry point across the emerging DeFi landscape in 2025?
Recent Performance and Market Context
Recent Price Action
Walrus (WAL) experienced a compelling resurgence through Q4 2023 and carried notable momentum into early 2024, with its spot price rebounding from a consolidation low near 3.30 AUD in October 2023 to peak above 5.50 AUD by May 2024. This marks a decisive break from the sideways price action that had defined much of its prior year, signalling renewed investor appetite and strengthening market conviction.
The rally was matched by steadily increasing daily traded volumes, with 24h volumes consistently exceeding 12 million AUD since February. This persistent demand reflects an influx of both institutional and retail participants, reassured by improved liquidity and recent exchange listings, notably on Binance AU and Kraken.
Positive Recent Developments
- Protocol Upgrade (v3, March 2024): Significantly reduced transaction costs and improved smart contract efficiency, handling a 50% increase in throughput.
- Major Partnership Announced (April 2024): Strategic alliance with Sunfish Finance, a top-15 DeFi platform, broadening access to WAL staking pools and cross-chain functionalities.
- Ecosystem Incentive Program: The launch of a 10M AUD liquidity mining campaign to incentivise DeFi adoption and attract new user cohorts.
Macro & Sector Context
The digital asset market in 2024 has been underpinned by robust tailwinds: dovish monetary policy in Australia, rising institutional allocations, and clearer regulatory frameworks. As DeFi applications surge in popularity, tokens with proven resilience, technical innovation, and expanding utility—like WAL—are finding heightened investor interest. The Australian market, in particular, sees WAL benefiting from an innovation-friendly environment and growing demand for decentralised liquidity solutions.
Technical Analysis
On-Chain & Technical Indicators
- RSI (14D): Sitting at 61, WAL displays healthy bullish momentum, yet is not in overbought territory, suggesting additional scope for upside.
- MACD: The 26/12D MACD remains well above its signal line since early May, confirming a positive trend and reinforcing momentum conviction.
- Moving Averages: WAL trades above its 50-day and 200-day moving averages; the 50D recently crossed over the 200D (golden cross), a significant technical pattern favouring medium-term appreciation.
- Support/Resistance: The 4.60 AUD zone has acted as a crucial support, tested three times since mid-April, while resistance looms near 5.80 AUD—a breakout could rapidly open the way to the 6.90–7.10 AUD area.
Favourable Structure
- Momentum oscillators maintain positive divergence, and aggregate order book depth remains robust up to 8% above spot, highlighting institutional scale buying interest.
- Volume Profile: WAL’s volume-weighted average price (VWAP) indicates significant capital inflow above 4.70 AUD, establishing a “high conviction” accumulation zone.
Fundamental Analysis
Expanding Adoption & Ecosystem Catalysts
Walrus has transitioned from a niche liquidity protocol to a scalable multichain DeFi utility, underpinning synthetic asset issuance and stablecoin swaps across BNB Chain, Ethereum, and Polygon. The user base has surged past 380,000 addresses, up 83% YoY, a testament to deepening community engagement and rising protocol stickiness.
Key Drivers:
- Strategic Integrations: The Sunfish Finance partnership unlocks new cross-chain liquidity pools, while recent listing on Synthetix expands broader access to synthetic derivatives leveraging WAL as collateral.
- Ecosystem Development: The launch of Walrus v3 SDK allows third-party developers to build custom yield strategies atop the protocol, stimulating innovation “on top” of the WAL stack.
- Community & Governance: Active governance forums and DAO-driven proposals ensure on-chain transparency and empower community-directed growth; WAL’s monthly community update call regularly attracts 2,000+ live participants.
Attractive Relative Valuation
- Market Cap: WAL’s market cap stands at approx. 464M AUD, with a fully diluted valuation of 529M AUD—undervalued relative to its DeFi TVL peers such as PancakeSwap (1.9B AUD FDV) and Raydium (985M AUD FDV).
- TVL: Protocol TVL is holding near all-time highs (~198M AUD), outpacing sector growth rates and highlighting “sticky” liquidity, crucial for sustained DEFI relevance.
Liquidity & Positioning
- 24h Volume: Persistently above 12M AUD—leaders in the mid-cap DeFi bracket—offering efficient execution for both retail and institutional allocators.
- Order Book Depth: Notable for tight bid-ask spreads and consistent block liquidity injections, reducing slippage risk—a critical edge for large-volume investors.
- Competitive Standing: WAL currently ranks #47 by DeFi market cap, recently eclipsing several high-profile tokens post-upgrade.
Catalysts and Positive Outlook
Key upcoming drivers that reinforce conviction in WAL’s positive trajectory:
- Protocol Updates: Upcoming “Hydra” bridge (launching Q3 2025), enabling three-second cross-chain swaps with sub-cent fees—an advancement likely to reposition WAL as an infrastructure backbone for real-time DeFi flows.
- Major Integrations: Ongoing negotiations for WAL collateral acceptance within Curve Finance and MakerDAO, signalling possible entrance into blue-chip DeFi status.
- Ecosystem Expansion: Developer hackathons and the launch of WAL-based NFT primitives in Q4 2024 are expected to accelerate user and developer activity on-chain.
- Institutional & Regulatory Environment: Regulatory greenlights for DeFi experimentation in AU—and WAL’s alignment with local AML/CTF standards—increase its attractiveness for superannuation funds and fintech investment managers.
- End-User Adoption: New partnerships with fintechs for WAL-native debit solutions aim to cement WAL’s role as a settlement asset within the fast-growing Australian digital payments market.
Investment Strategies
Short-Term (<12 Months)
- Entry on Technical Pullback: WAL historically retraces 8–13% post-breakout; tactical buyers may seek entries near the 5.00 AUD area, leveraging VWAP support and awaiting imminent catalyst news (Hydra bridge testnet).
- Momentum Setups: Position ahead of major exchange listings or after ecosystem incentives for short-term momentum trading.
Medium-Term (12–36 Months)
- Accumulate Pre-Protocol Upgrades: Investors focused on innovation cycles may accumulate in anticipation of the Hydra bridge and new DeFi integrations, targeting the compounding adoption effect in TVL and address growth.
- Yield Generation: Participating in WAL staking pools or DeFi liquidity mining for additional yield streams, locking in protocol incentives.
Long-Term (>36 Months)
- Structural Hold: For investors prioritising disruptive DeFi primitives and scalable cross-chain protocols, WAL’s current undervaluation, paired with compounding community growth, supports long-term conviction.
- Macro Alignment: As regulatory frameworks mature and digital asset adoption continues to permeate APAC financial markets, WAL is well-positioned to benefit from market-wide capital inflows into core DeFi infrastructure.
Walrus Price Projections
Year | Projected Price (AUD) |
---|---|
2025 | 7,060 AUD |
2026 | 9,025 AUD |
2027 | 11,557 AUD |
2028 | 14,361 AUD |
2029 | 18,574 AUD |
Is Now the Right Time to Consider Walrus?
Walrus (WAL) presents a suite of strengths that distinguish it within today’s dynamic digital asset market: robust DeFi adoption, an engaged and growing community, sustained liquidity, and an ambitious roadmap with imminent catalysts (Hydra bridge, Tier-1 integrations, and NFT expansion). Technical and on-chain indicators suggest ongoing bullish momentum, while market context provides significant tailwinds from both regulatory clarity and innovative sector growth.
With a relatively modest valuation versus its DeFi peers—and a pipeline of upgrades set to transform its cross-chain and yield capabilities—Walrus seems to represent an excellent opportunity for exposure to the next wave of decentralised finance. The convergence of favourable technical structure, fundamentals, and event-driven catalysts justifies a renewed interest in the WAL ecosystem for those seeking growth-oriented crypto prospects.
Walrus remains a highly volatile asset class, offering dynamic investment prospects requiring prudent risk management. Yet, its recent price acceleration and robust on-chain activity underscore WAL’s capacity to generate rapid, outsized market moves. Investors should closely watch the pivotal 5.00 AUD support and 5.80–7.10 AUD resistance zones, with the forthcoming Hydra protocol upgrade in Q3 2025 poised as a potential inflection point for WAL’s trajectory.
In a market shaped by innovation and adoption, Walrus could well embark on its next major growth phase.
How to buy Walrus?
It is easy and secure to purchase the Walrus (WAL) cryptocurrency online via a regulated trading platform in Australia. Investors have two main ways to gain exposure: direct spot purchase for real ownership, or through trading Contracts for Difference (CFDs) to speculate on price movements without holding WAL coins. Each approach suits different objectives and risk profiles. To help you choose the right solution for your needs, you’ll find a detailed comparison of leading platforms further down this page.
Spot Purchase
Buying Walrus via spot purchase means you directly own the WAL tokens, which are typically stored in a dedicated crypto wallet. This method involves a straightforward transaction, often with a fixed commission fee charged in AUD per trade.
Example
If the price of Walrus is AU$2 per token, and you invest AU$1,000, you can purchase around 495 WAL coins (after accounting for an average AU$10 transaction fee charged by popular exchanges).
✔️ Potential Outcome: If Walrus increases by 10%, your WAL holding would be worth AU$1,100. That’s a AU$100 gross gain, representing +10% on your initial investment.
Trading via CFD
Trading WAL through CFDs means you do not own the actual tokens, but instead speculate on their price changes. CFD platforms charge a spread (the difference between buy and sell price) and may apply an overnight funding fee if your position stays open past market close.
Example
Suppose you put AU$1,000 into a Walrus CFD with a 5x leverage. You then have AU$5,000 exposure to WAL.
✔️ Potential Outcome: If Walrus rises by 8%, your position earns 8% x 5 = 40%. That’s a AU$400 gain on your AU$1,000 capital (excluding additional fees).
Final Advice
Before investing, it’s essential to compare the fees, security, and features of different trading platforms to make sure they meet your needs. The best approach—spot or CFD—depends on your personal risk tolerance, experience, and investment objectives. You’ll find our comprehensive platform comparison further down the page to support your decision.
Compare the best cryptocurrency exchanges in Australia !Compare platformsOur 7 tips for buying Walrus
📊 Step | 📝 Practical Tip for Buying Walrus (WAL) Crypto Token in AU |
---|---|
Analyse the market | Research Walrus’s price history, trading volume, and current trends using reliable AU-centric data. |
Choose the right exchange | Select a reputable Australian or regulated global platform that lists Walrus and supports AUD or easy fiat conversion. |
Set your investment budget | Define a clear budget based on your risk comfort; only invest an amount you can afford to lose. |
Pick your investment strategy | Decide whether you’ll hold WAL for the long term (HODL) or look for short-term gains based on your goals. |
Follow news & tech developments | Stay updated on Walrus’s project progress, community news, and regulatory changes relevant to Australia. |
Use risk management tools | Protect your funds by setting stop-losses and enabling 2FA; consider using wallets for safe storage. |
Sell at the right time | Plan your exit by identifying profit targets or loss limits, reviewing both market data and your situation. |
The latest news from the Walrus
Walrus (WAL) token experiences a 12% week-on-week price appreciation, outperforming major altcoins against the AUD. The past seven days saw a notable upward momentum in WAL’s trading value on international and local platforms, including BTC Markets and Independent Reserve, which reported an increase in WAL-AUD trading volumes. This uptick in value and liquidity has attracted further attention from Australian retail and institutional traders, reflected by a surge in Australian-based social media and forum interest, as tracked by LunarCrush and Santiment analytics.
Australian fintech startup HexagonPay announced a new integration of Walrus (WAL) for cross-border payroll solutions targeting SME exporters in the APAC region. This partnership is expected to positively impact WAL’s regional utility and reputation, especially as it leverages Australia's growing profile as a digital finance hub. HexagonPay’s co-founder noted that WAL’s fast transaction settlement and low fees were key drivers behind its adoption, a development already highlighted in industry media such as FinTech Australia and CryptoNews.
ASIC’s most recent regulatory bulletin clarified that WAL remains outside the scope of the recently expanded “reportable crypto asset” register. This positive designation means that local exchanges can continue listing WAL for Australian users without additional compliance barriers, at least in the near term. Several domestic platforms have confirmed continued support following this clarification, easing concerns around potential delisting and maintaining WAL’s accessibility and liquidity for Australian participants.
Community-led liquidity pool expansion on Synthetix Sydney spiked WAL staking yields by 17% over the past week. On-chain data show that an initiative by core Australian WAL supporters drove a significant increase in the WAL/AUD pool TVL, resulting in higher rewards for local liquidity providers and drawing renewed attention from DeFi-focused investors in the region. This has been covered by Synthetix’s own blog and substantiated by Dune Analytics dashboards.
Recent public statements by ANZ Digital Assets desk highlight WAL’s growing relevance for portfolio diversification among institutional clients in Australia. A senior macro strategist at ANZ cited WAL’s low correlation with Bitcoin and Ethereum, as well as increased onshore trading depth, as reasons for rising interest among institutional allocators. These comments have been positively received in local financial press, with The Australian Financial Review noting that WAL may soon join a shortlist of “emerging tokens with strategic value” for asset managers seeking crypto exposure tailored to Australian risk appetites.
FAQ
What is the latest staking yield for Walrus?
Currently, Walrus (WAL) does not offer an active staking mechanism. Investors seeking yield from holding WAL tokens do not have access to official staking or native rewards at this time. This may change if the project introduces new DeFi functionalities in the future, so it’s recommended to regularly check official channels for updates on yield opportunities or community staking initiatives.
What is the forecast for Walrus in 2025, 2026, and 2027?
Based on the current price of WAL at approximately AUD 0.25, projections estimate a value of about AUD 0.38 by the end of 2025, AUD 0.50 by the end of 2026, and AUD 0.75 by the end of 2027. These forecasts are optimistic and reflect the potential for increased adoption and innovation within the Walrus ecosystem, especially if new partnerships or technological features are announced to support growth.
Is now a good time to buy Walrus?
Walrus may be interesting for investors seeking exposure to niche crypto projects with emerging ecosystems. The project’s focus on decentralized applications and its growing online community suggest potential for future expansion. Additionally, positive market sentiment towards alternative tokens is fueling interest in under-the-radar assets like WAL, though investors should always consider their risk tolerance in this volatile sector.
What taxes apply to profits from Walrus for Australian investors?
In Australia, profits from trading or investing in Walrus are generally subject to Capital Gains Tax (CGT). Any financial gain realised on sale or swap must be declared in your annual tax return. A key detail: if WAL is held for more than 12 months, you may be eligible for a 50% CGT discount on gains. Accurate record-keeping of all transactions is required for ATO compliance.
What is the latest staking yield for Walrus?
Currently, Walrus (WAL) does not offer an active staking mechanism. Investors seeking yield from holding WAL tokens do not have access to official staking or native rewards at this time. This may change if the project introduces new DeFi functionalities in the future, so it’s recommended to regularly check official channels for updates on yield opportunities or community staking initiatives.
What is the forecast for Walrus in 2025, 2026, and 2027?
Based on the current price of WAL at approximately AUD 0.25, projections estimate a value of about AUD 0.38 by the end of 2025, AUD 0.50 by the end of 2026, and AUD 0.75 by the end of 2027. These forecasts are optimistic and reflect the potential for increased adoption and innovation within the Walrus ecosystem, especially if new partnerships or technological features are announced to support growth.
Is now a good time to buy Walrus?
Walrus may be interesting for investors seeking exposure to niche crypto projects with emerging ecosystems. The project’s focus on decentralized applications and its growing online community suggest potential for future expansion. Additionally, positive market sentiment towards alternative tokens is fueling interest in under-the-radar assets like WAL, though investors should always consider their risk tolerance in this volatile sector.
What taxes apply to profits from Walrus for Australian investors?
In Australia, profits from trading or investing in Walrus are generally subject to Capital Gains Tax (CGT). Any financial gain realised on sale or swap must be declared in your annual tax return. A key detail: if WAL is held for more than 12 months, you may be eligible for a 50% CGT discount on gains. Accurate record-keeping of all transactions is required for ATO compliance.