Ruler of the army
Originally a diminutive of Walter or Wallace, Wally has evolved into a standalone nickname-name. It derives from Germanic elements meaning 'army' and 'rule', or in the case of Wallace, 'foreigner' or 'Welshman'. While it peaked in popularity in the mid-20th century, it retains a friendly, retro charm today.
Less common today
Wally isn't in the latest US Top 1000. It last peaked at #3,246 in 1991.
One of the original Mercury Seven astronauts
Major League Baseball second baseman and manager
The third character to take the mantle of The Flash Β· DC Comics
The reliable older brother of the protagonist Β· Leave It to Beaver
Founder of the Famous Amos chocolate chip cookie brand
NBA All-Star basketball player
US births per 5-year period, 1990βpresent (SSA data).