The crypto market has been buzzing with exercise from a venture on SUI – Walrus (WAL). Following its airdrop and TGE, Walrus has proven outstanding development, sparking discussions about whether or not the SUI ecosystem is changing into a brand new hotspot for crypto traders. Alongside this, different tasks on SUI are additionally gaining traction, with a number of promising airdrop alternatives on the horizon.
Walrus Surges Almost 100% Put up-Airdrop
Walrus (WAL), a token related to a pioneering storage community on the SUI blockchain, has skilled a meteoric rise since its TGE on March 27, 2025. Till now, WAL’s worth reached $0.56, marking a 30% enhance throughout the final 24 hours. Extra impressively, this represents a near-100% surge in comparison with its worth on the TGE in just some days. This speedy development has propelled Walrus to a market capitalization of practically $700 million, a big milestone for a comparatively new token.
Supply: Coingecko
The 24-hour buying and selling quantity for WAL has additionally been substantial, reaching $123.6 million, reflecting sturdy market curiosity. This efficiency underscores the rising confidence in Walrus’s distinctive worth proposition as the primary storage community able to dealing with on-chain information of any measurement at scale, a function that would revolutionize how Web3 tasks handle information by means of sensible contracts.
Walrus is a decentralized storage community on the SUI blockchain that gives scalable, cost-effective, and resilient information storage for Web3 functions. Developed by Mysten Labs, it leverages erasure coding to make sure velocity and reliability, enabling customers to publish, ship, and program information on-chain. The community’s native token, WAL, performs an important position in governance, staking, and incentivizing node operators.
Moreover, the protocol lately secured over $140 million in funding, led by a16z Crypto and Normal Crypto, to help its decentralized storage growth and mainnet launch scheduled for March 27. This transfer opens a prospect future for Walrus and extra alternatives for Walrus supporters.
SUI Ecosystem Outperforms Different Layer 1 Blockchains
Amid the downturn of the general market, the SUI ecosystem has been demonstrating secure efficiency in comparison with different Layer 1 blockchains when it comes to capital influx and buying and selling exercise. SUI has constantly recorded secure buying and selling volumes, averaging over $1 billion per day. At its peak in December 2024 and February 2025, the ecosystem noticed buying and selling volumes soar to $5 billion in a single day, a testomony to its rising recognition amongst merchants and traders.
Supply: DefiLlama
When in comparison with different outstanding Layer 1 blockchains like Ethereum (ETH) and Solana (SOL), SUI’s efficiency is especially noteworthy. Whereas Ethereum continues to wrestle with scalability points and excessive gasoline charges, SUI boasts a median transaction velocity of fifty,000 transactions per second with a block finalization time of simply 2.3 seconds. Solana, typically dubbed the “Ethereum killer,” has established itself as a high-throughput blockchain with low charges, however SUI’s concentrate on scalability and optimization for decentralized finance (DeFi) functions offers it a aggressive edge.
This has attracted vital capital inflows, particularly from traders searching for the subsequent huge alternative within the DeFi house.
Tokens throughout the SUI ecosystem that haven’t but been listed on main exchanges like Binance are seeing essentially the most vital features. Walrus is a main instance, alongside different tokens like DEEP and NAVX, which have additionally proven sturdy worth momentum.Â
Subsequent for Airdrop Alternatives within the Ecosystem?
Shortly, a number of tasks are presently within the highlight for potential rewards on the SUI ecosystem. Some promising tasks that would provide airdrop alternatives shortly:
Lombard Finance: Lombard Finance permits customers to stake Bitcoin (BTC) and obtain LBTC on the SUI blockchain. To take part, customers can go to the venture’s web site, join their wallets, and stake their BTC.Â
Suilend: Suilend is a lending and borrowing protocol on SUI. Customers can deposit belongings, borrow others, and repeat the method periodically to extend their possibilities of qualifying for an airdrop. The protocol’s user-friendly interface and lively group engagement make it a high contender.
Haedal: Haedal is a liquid staking protocol the place customers can stake SUI tokens to earn haSUI rewards, which might then be used throughout varied DeFi functions within the SUI ecosystem. Staking on Haedal is simple—join your pockets, choose an asset and stake. Though an airdrop has not been confirmed, the venture’s construction suggests a excessive chance of rewards for early individuals.
Supply: Haedal
Crypto traders are discovering the SUI ecosystem to be a fertile floor, as evidenced by the spectacular post-airdrop development of tasks like Walrus. At present, everybody’s focus is on SUI because it continues to determine itself within the fiercely aggressive realm of blockchain know-how.
The submit Walrus (WAL) Surges Put up-Airdrop: Is Cash Flowing into SUI? appeared first on NFT Night.
