When the market is booming, anyone can jump on the bandwagon to ride the hype. The true test of a project is during the cooling-off period after its launch. This is when the fundamentals reveal their true nature.

Projects like Walrus are interesting; they tend to show more value during the cooling phase. What is the core? A solid foundation of safety and transparency, clear and logical token design, and a sustainable ecosystem operation.

The most important thing is its resilience against cycles. No matter how the market fluctuates, Walrus's ecosystem framework can maintain a relatively stable operational rhythm. This stability is not just written in the white paper but is truly demonstrated under extreme market conditions, showcasing real competitiveness. Many projects reveal their true nature during bear markets, but Walrus takes the opportunity to demonstrate its strength—this difference is quite obvious.