Revenue > Hype — Who Pays for $WAL Is What Makes It Bullish
Markets often reward attention, but long-term value comes from payment flows. WAL is positioned where spending is unavoidable: data storage. As blockchains scale, protocols generate massive datasets that must remain accessible, verifiable, and secure.
Those costs don’t disappear during bear markets. Infrastructure is not optional — it’s operational.
This means builders, appchains, and rollups become natural buyers of WAL. Not because of sentiment, but because their products depend on it.
Tokens funded by speculation tend to fade when liquidity dries up. Tokens funded by usage behave differently — they create baseline demand.
Smart capital tracks this distinction carefully.
Instead of asking whether WAL is trending, a better question is:
Will someone still need to pay for this in five years?
If the answer is yes, volatility becomes noise — and the thesis becomes structural.
