The benchmark project for real-world application in the crypto space has arrived. WAL recently broke through the key resistance level of $0.151 with strong momentum, gaining 3.86% in a single day and stabilizing at $0.1512. The 99-day EMA is holding firm. From a technical perspective, this rally is not fake—RSI at 58.27 indicates healthy momentum, and the upper band of the Bollinger Bands at $0.152 is within reach. Once broken, the subsequent space for growth will open up as applications advance.

On the capital side, things are even more interesting. The extremely low long-short ratio of 0.24, with 80% of large short positions currently at a loss, shows that the positive impact of application deployment is directly choking the shorts. The hourly net capital inflow of 9.8 billion is not fake data.

The project's own progress is also worth noting. It has established deep collaborations with Pudgy Penguins and Bluefin, and core application scenarios are being rolled out. Behind this, there is also a $140 million funding support from a16z, which acts like a solid bottom support. Such a setup usually indicates long-term financial backing. The market has also seen activated capital pools, and ecosystem participation is increasing.

The window for application deployment is actually not long. In the short term, the focus is on whether WAL can hold steady at $0.152 and break through. The support level below is at $0.144; holding this line will keep the trend basically intact. The timing right now is critical, as the cycle for realizing application value is opening, and many are waiting for this opportunity.