#walrus $WAL Walrus Protocol is a decentralized storage and data availability network built on the Sui blockchain, designed to provide secure, scalable, and programmable storage for large datasets including videos, images, AI models, NFT media, and Web3 application assets. It uses erasure coding to fragment and distribute data across multiple independent nodes, ensuring high durability, redundancy, and cost efficiency even if some nodes go offline. Every stored file becomes a programmable on-chain object, allowing smart contracts to manage ownership, access rights, storage duration, and verification. The WAL token underpins the ecosystem, enabling storage payments, staking rewards, governance, and incentives for node operators securing the network.