Walrus WAL
WAL cycle analysis · chart, confirmed lows and fundamentals
Amber List held mixed
67.3% below its 365-day high of $0.1206 (2026-04-16), +96.0% off the 365-day low. Snapshot 2026-10-21 UTC.
On the Amber List.
Held on the Amber List: it last met the Amber List rules. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.
Since the previous scan.
Tier, recovering badge and Phoenix state are unchanged between these two observations.
Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.
Recorded timeline →Where it sits in each cycle
a swing low confirms only when a later bar takes out the low bar's highMonthly
- Last bars
- 2Dr 2Dr 2Dr 2Ug 2Ug
- Confirmed low
- $0.0201 · 2026-08-31
- Position
- 2 of median 5 (max 5)
- Current low
- $0.0201 · confirmed
- Cycle-low confidence
- —
- Confirmed lows
- 2
Weekly
- Last bars
- 2Ug 1r 3g 2Ug 1g
- Confirmed low
- $0.0325 · 2026-10-11
- Position
- 2 of median 6 (max 9)
- Current low
- $0.0201 · confirmed
- Cycle-low confidence
- 65%
- Confirmed lows
- 6
Daily
- Last bars
- 2Dr 2Dr 2Dr 3g 1r
- Confirmed low
- $0.0341 · 2026-10-13 (daily)
- Position
- 8 of median 5.0 (max 17)
- Current low
- $0.0375 · unconfirmed
- Confirms above
- $0.0417
- Cycle-low confidence
- 85% · in band
- Confirmed lows
- 45
The full read, in sentences
- Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.02008 (Aug 2026), month 2 of a cycle that has typically run 5.
- Weekly: forming bar is a green inside bar. Last confirmed swing low 0.03248 (Oct 2026), week 2 of a cycle that has typically run 6. Cycle-low confidence 65%.
- Daily: bar is a red inside bar. Last confirmed swing low 0.03411 (2026-10-13), day 8 of a cycle that has typically run 5. Current low 0.03747 is unconfirmed — it confirms above 0.04171. Cycle-low confidence 85%.
- Amber List: 67% below the 2026-04-16 high; +96% off the 365-day low.
- Gauges: Mayer multiple 0.92 (cheap); -58% from the all-time high.
Has Walrus bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the WAL snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $0.0201 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.0325 from 2026-10-11. The current candidate is marked confirmed. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.0341 from 2026-10-13. A newer candidate at $0.0375 is unconfirmed; its confirmation level is above $0.0417, provided the candidate low is not undercut first.
How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.
How far is Walrus below its high?
The Coinbase price snapshot is 67.3% below its rolling 365-day high of $0.1206 from 2026-04-16. Separately, CoinGecko reports -94.8% relative to its all-time high of $0.7592 in the fundamentals snapshot pulled 2026-10-21.
Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.
The recorded history
scan observations, not exact transition timesFirst observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.
- First observed: Amber List
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 2.62 % | 7.1 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.91 x | 8.2 / 15 |
| Size (market-cap rank) survivorship | 314 # | 0 / 15 |
| Usage (price / annualized fees) fees people actually pay to use it (DefiLlama) | 2027.2 x | 0 / 20 |
| Fee momentum (30d vs prior 30d) is usage growing into the recovery | 21.0 % | 7.1 / 10 |
| Age on Coinbase survived a cycle | 0.7 yrs | 0.5 / 10 |
| tvl | could not look — no source data | |
6 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $91.2M
- Fully diluted
- $174.3M
- 24h volume
- $2.4M
- Circulating
- 2,617,291,667 of 5,000,000,000 max
- All-time high
- $0.7592 · 2025-05-14 (-94.8%)
- TVL
- $0 (protocol)
- Fees 30d
- $3.7K
- Revenue 30d
- $3.7K
- Fees 1y
- $116.4K
- Mayer multiple
- 0.922 · cheap
- On Coinbase since
- 2026-02-11 (253 bars)
- CoinGecko id
- walrus-2
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources