2025-12-31 09:20:17

Walrus Protocol shows some interesting market dynamics worth examining. The protocol currently has 67% of its token supply staked across 125 active storage nodes, indicating solid ecosystem participation. Notable developer adoption includes Claynosaurz, which migrated their entire NFT metadata from Solana to leverage the protocol's storage infrastructure. Institutional interest also surfaced with Grayscale launching a trust product for the asset.

However, there's a curious disconnect in the market data. The token trades at $0.00427, yet the market cap appears missing or incorrect on major tracking platforms like CoinGecko. Whether this reflects a data aggregation issue or simply an oversight in market tracking remains unclear. Such gaps in price discovery data are worth keeping an eye on, especially when on-chain metrics tell a different story about network activity and institutional positioning.

WAL-0,74%

SOL-0,9%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
6
Repost
Share

Comment

0/400

OnChainSleuth

· 2025-12-31 09:46

67% staking rate and 125 nodes, these numbers look pretty good, at least the ecosystem participation is there. But the most outrageous thing is the missing market cap data on CoinGecko... This situation is quite common; small tokens are easily missed by tracking systems, but we still need to be cautious. Big projects like Claynosaurz are willing to migrate over, which shows that the infrastructure is indeed valuable... Just need to keep a close eye on price discovery.

View OriginalReply0

OffchainWinner

· 2025-12-31 09:43

A 67% staking rate indicates that the ecosystem still has some value, but with such a low token price, the market cap data can still be lost... Is CoinGecko just messing around?

View OriginalReply0

OnchainUndercover

· 2025-12-31 09:42

A 67% staking rate is indeed good, but it's a bit strange that CoinGecko has missing data... Could it be intentional?

View OriginalReply0

GasFeeSobber

· 2025-12-31 09:41

The 67% staking rate looks good, but it's really strange that CoinGecko is missing market cap data... Could it be that they're intentionally hiding something?

View OriginalReply0

RektHunter

· 2025-12-31 09:36

A 67% staking rate is indeed good, but with Grayscale here, how come the market cap data still seems lacking... How outrageous is that?

View OriginalReply0

BearWhisperGod

· 2025-12-31 09:26

67% staking rate is really good, but the missing market data on CoinGecko makes it a bit uncertain... When information is asymmetric, it's easy to fall into traps.

View OriginalReply0