💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Recently, the development momentum of the Walrus project is remarkable, with many similarities to the early Sui ecosystem. From the perspective of funding and market operations, there are several key points worth following:
First, Grayscale has established trust funds for Walrus and DEEP, marking the entry of institutional investors into the ecosystem. This comprehensive layout reminds us of similar moves in other successful blockchain projects.
Secondly, the price trend of Walrus is quite similar to that of Sui in the early stages. Walrus experienced a surge in price after its launch, reaching a high of $0.77, and then consolidated around $0.4, accumulating chips. The lowest price once touched $0.35. This price trend pattern is similar to Sui's consolidation period between $0.6 and $0.8.
Thirdly, the financing cost for institutional investors is approximately $0.4, with the unlock period starting on March 27, 2026. Currently, the price range of $0.4 to $0.45 is also the average cost for most investors, leaving little profit margin. This long-term sideways movement can be seen as a healthy process of chip turnover and accumulation, as the market is clearing out short-term speculators and profit-takers, potentially paving the way for a new round of increases.
It is worth noting that the operating team of the Walrus project has adopted a strategy different from that of common market makers. Their initial chips were all purchased from the secondary market, including Sui, DEEP, and WAL. This approach may indicate that they have more confidence in the long-term development of the project.
In terms of project fundamentals, Walrus has recently increased its promotional efforts and frequently engages in market activities. This includes significant actions such as landing on the Kaito rankings, which may bring more follow and liquidity to the project.
Overall, the characteristics currently exhibited by the Walrus project are similar to those of early successful blockchain projects, but investors should still cautiously assess risks and closely follow market trends and project developments.