Recently, the crypto world has once again witnessed what a big move looks like—some project unlocked hundreds of millions of dollars worth of tokens in one go. Naturally, such an operation has a significant impact on the price. But upon closer inspection, this actually highlights an important issue: how the token economic model is designed directly influences how far a project can go.

Some projects are inherently more susceptible to being caught off guard by such supply shocks, but projects like Walrus Protocol appear much more composed. The entire economic system of $WAL is not built for short-term speculation; instead, it prioritizes governance rights and long-term development. Users are incentivized to participate in governance and ecosystem building, which makes the holder composition more stable and less driven solely by quick profits.

The project has also put effort into liquidity design, aiming to buffer market volatility. Think about it— in an environment where supply shocks can happen at any time, assets with intrinsic utility and long-term holding incentives are obviously more risk-resistant. The short-term price fluctuations have a much milder impact on them compared to purely speculative tokens.

For investors, this is a clear reminder: don’t just focus on short-term volatility. Assets that can truly withstand market cycles are often those with solid value foundations and economic models that stand up to scrutiny. That’s the key to maintaining stability amid the changing tides of bull and bear markets.