Talus Network Raises $10 Million to Enhance AI Development
Investment Overview: Talus Network has secured over $10 million in funding from the Sui Foundation and Walrus Foundation to enhance its Prediction AI infrastructure and onchain agent markets, marking a significant partnership in the Web3 space.
Impact on Blockchain Ecosystem: This investment is expected to boost innovation within the blockchain sector, potentially increasing transaction volume and market cap for relevant cryptocurrencies, while enhancing user experience and AI application capabilities.
Strategic Comparisons: The funding strategy mirrors previous successful partnerships in the blockchain industry, such as those by Polygon and Solana, which have historically led to increased developer engagement and growth in total value locked (TVL).
Future Aspirations: Talus aims to integrate AI agents into various aspects of digital life, positioning itself within one of the most innovative Layer 1 ecosystems in Web3, which could lead to greater adoption and technological advancements.
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Technical Analysis for WAL
Technical Sentiment Analysis for Walrus (WAL) As of , Walrus (WAL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WAL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WAL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Walrus (WAL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0308 | 0.0495 | 0.0686 | 0.0873 | 0.106 | 0.125 | 0.144 |
| Fibonacci | 0.0495 | 0.064 | 0.0729 | 0.0873 | 0.102 | 0.111 | 0.125 |
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