Walrus is a decentralized storage network built on the Sui blockchain.
Crypto.com +1
Key points:
What it is: A storage layer that allows developers to store and retrieve large unstructured files (like videos, NFTs, AI datasets) in a decentralized way using the Sui blockchain.
Crypto.com
Native Token: WAL — used for payments, staking rewards, governance, and incentivizing participation in the Walrus ecosystem.
Crypto.com
Mainnet & Launch: The Walrus Protocol launched its mainnet in March 2025, making the network and the WAL token usable and tradable.
AiCoin
Exchange Listings: WAL has been listed on major platforms like Crypto.com and others, with trading pairs often against USDT/USDC. �
Crypto.com +1
Functionality: It uses techniques like data sharding and erasure coding to efficiently break up and store data across many nodes, making storage cost-effective and resilient.
LedgerBeat
📈 Ecosystem and Value
Walrus has secured significant funding (~$140M) and gained attention as part of the Sui ecosystem.
DeepNewz
Its tokenomics include a large supply structure, with community and ecosystem allocations to encourage network growth.
DeepNewz
📌 In Summary
Walrus ($WAL ) is not just another meme coin or payment token — it’s a blockchain-based storage protocol aiming to compete with decentralized storage projects by providing cheaper, scalable file storage integrated into the Sui ecosystem.#warlus
