Walrus Price Prediction: Can WAL Build on a 50% Weekly Gain?

Walrus price prediction for October 2026 stays bullish above $0.0393, the level $WAL needs to hold after a sharp breakout from its multi-month base.

Walrus Price Analysis: Can $WAL Hold Above the Breakout Zone Near $0.0559?

$WAL trades near $0.058, essentially flat today after a sharp breakout candle pushed price from the $0.040 range up through $0.065 before settling back. That move cleared every major moving average at once, including the 200-day EMA at $0.0559, which price now sits just above after testing it directly on the pullback.

The breakout followed a months-long base below the lower Bollinger Band, which had marked the downtrend since May. The 20-day EMA at $0.0393 and the 50-day at $0.0343 sit well below current price, reflecting how far $WAL has moved in a single session relative to its recent range.

Related: Cardano Price Prediction: ADA Drops 2.5% as Longs Take $4M in Liquidations

$WAL Support and Resistance Levels for October 2026

$WAL News: $DATA Network Names Walrus Its Default Storage Layer

The Sui Foundation announced a $30 million investment in $DATA Network on October 12, which plans to move its protocol and Trace AI-data registry onto Sui and retire its own independent blockchain. As part of that move, Walrus will become the default storage layer for $DATA Foundation applications, storing original files with encryption and controlled access.

Trace has registered more than 250 million data contributions and processes over 3 million receipts daily, according to the announcement. The migration is still pending, with a detailed transition schedule yet to be released, and the $30 million investment goes into $DATA Network itself rather than directly into $WAL.

$WAL News: Walrus Expands Into AI Infrastructure With Two New Launches

Two announcements this month show Walrus pushing into AI-focused storage and verification tools.

• Walrus Console (October 7): A managed interface that brings file uploads, encryption, storage renewals, access management, and AI agent memory together in one place. Developers can connect their data to Claude Code, Codex, and Cursor through MCP or an API key, with 5GB of free storage included.
• Verifiable Agent Arbiter (October 6): A system Mysten Labs is co-developing with Google Cloud to help enterprises verify whether AI agents acted within their granted authority. Detailed activity records stay private in customer-controlled Google Cloud Storage, while cryptographic proofs get stored on Walrus, with Sui coordinating between the two.

Both projects are early. The Arbiter system is still under development, with enterprise deployments planned before wider availability, and neither announcement discloses $WAL purchases or storage revenue commitments.

Walrus Derivatives: Shorts Take $5.67 Million as Volume Surges Over 1,000%

Walrus derivatives trading volume surged 1,163.15% to $1.64 billion over the past 24 hours. Open interest climbed 113.19% to $49.66 million, showing a sharp increase in outstanding positions as the price rallied.

Traders betting against Walrus faced $5.67 million in liquidations, compared with $2.83 million for those betting on gains. Over the past four hours, however, losses were almost evenly split: short liquidations reached $574,680, while longs accounted for $564,710. The rally has hurt bearish traders most over the full day, but the recent volatility has forced out traders on both sides.

Related: Meme Coins Price Prediction: Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE)

Short accounts still outnumber long accounts on Binance and OKX, where long-to-short ratios stand at 0.779 and 0.59, respectively. Despite the rally and heavy short liquidations, more accounts on both exchanges continue to bet against Walrus.

Walrus Price Prediction: Can $WAL Reach $0.0750 or Fall to $0.0393?

Bullish Case, Target: $0.0750

$WAL holds the 200-day EMA at $0.0559 and closes a day above today’s high near $0.0658. That would open the path toward $0.0750, with continued short covering and the $DATA Network and Google Cloud partnerships adding to the case.

Bearish Case, Risk Level: $0.0393 (20-Day EMA)

$WAL loses the 200-day EMA at $0.0559, pulling back toward the breakout zone. A close below the 20-day EMA at $0.0393 would signal the breakout failed and risk a return toward the months-long base below $0.0350.

Walrus Price Prediction FAQs