In the crypto market, chasing Memes can indeed bring excitement, but real big money often hides in the infrastructure that changes the cost structure of the industry.
Today, I want to talk about the project personally spearheaded by Mysten Labs (the Sui development team) — the Walrus Protocol. In my opinion, it is not only the storage layer of the Sui ecosystem but also a complete 'technical liquidation' of Filecoin in the DePIN track.
1. Technical Barriers: Say Goodbye to Cumbersome Proof of Replication
Many people mistakenly believe that Walrus is just 'another IPFS'. This is a huge misunderstanding. The logic of Filecoin is 'proof of replication', which requires redundant storage of multiple copies across the network to store a file, resulting in extremely high hardware costs and slow retrieval speeds. Walrus's secret weapon is a two-dimensional erasure coding technology called 'Red Stuff'. Simply put, it shatters files into tiny slices for distributed storage. Even if most nodes go offline, as long as a small portion of slices can be recalled, the file can be instantly restored. This means: lower storage costs, faster retrieval speeds, and stronger robustness. This is what commercial-grade applications (such as video streaming and AI datasets) truly need.
2. Core narrative: AI x Crypto data lake
Current AI training requires massive amounts of data, which Ethereum cannot accommodate, and Filecoin is too expensive and slow. The emergence of Walrus perfectly fills the ecological niche of 'AI data decentralized storage'. With the explosion of on-chain games (full-chain games) and SocialFi, the vast amounts of image, audio, and 3D model data generated ultimately have only one destination: Walrus. As long as the Sui ecosystem is growing, Walrus is a necessity.
3. Investment logic and operational strategy
As a seasoned player, I value the odds. Currently, the valuation logic of Walrus has not been fully digested by the market. Compared to the FDV of Arweave and Filecoin, Walrus still has huge room for catch-up.
Win rate: 70% (backed by Mysten Labs technology with almost no Rug risk)
Strategy: Don't just trade in waves. It is recommended to directly participate in node staking after building positions in the secondary market.
Early stakers in storage projects often benefit from passive airdrops of ecological applications (such as cloud storage and image hosting projects). This is a golden opportunity to reap multiple rewards.
Walrus is not just a storage coin; it is the core weapon for Sui to challenge Solana's status. In the infrastructure track of 2026, this is a must-have Beta asset.