#walrus $WAL Walrus Protocol is a decentralized, programmable storage and data availability network built on the Sui blockchain, designed to store large-scale, unstructured data such as videos, images, AI datasets, NFT media, decentralized applications, and blockchain archives. It uses advanced erasure-coding technology to split files into fragments distributed across multiple independent nodes, providing high durability, redundancy, fault tolerance, and cost efficiency. Each file is represented as a programmable on-chain object, allowing smart contracts to manage ownership, access control, verification, and lifecycle automation. The WAL token powers the ecosystem for storage payments, staking rewards, governance participation, and incentivizing nodes that secure and maintain network reliability.