Prices reflect market sentiment, but the true direction depends on information guidance. Recently, Walrus's series of institutional moves—Gray's investigation list, the buzz around Google's business agreement—all point to one thing: WAL is breaking out of the retail hype circle, and institutional capital is starting to pay attention.

First, let's talk about Gray. On January 12, Gray announced a list of potential investment products, and Walrus was prominently included. This is no joke; Gray's selection of coins is always backed by strict fundamental review. They value Walrus's influence in the decentralized physical infrastructure network sector. Once officially included in trust products, compliant Wall Street funds will have a grand entry channel. The $0.15 price point may thus become a historical bottom.

Next, look at Google's moves. The news that Mysten Labs reached a general commercial agreement with Google has been buzzing in the community. Although not officially announced yet, from a technical perspective, it makes sense—Google Cloud has been seeking footholds in Web3, and Walrus's high-performance storage architecture is currently one of the few solutions that can rival Web2 experience.

Gray brings a capital channel, while Google could bring a large number of B-end clients. The expected positive impact at this scale is almost invisible in the price action so far. The truly savvy capital has long been lurking.