#walrus $WAL @Walrus 🦭/acc
Walrus ($WAL ) is a decentralized storage protocol built on the Sui blockchain, developed by the Mysten Labs team, specifically designed for the era of big data in AI. It supports efficient storage of large files (such as images, videos, and AI datasets), offering programmable storage, encrypted protection, and low-cost redundant encoding to ensure high data availability and censorship resistance. The $WAL token is used to pay for storage fees, staking rewards, network governance, and community incentives. The current market cap is approximately $215 million, with a circulating supply of 1.6 billion tokens and a total supply of 5 billion tokens, listed on exchanges such as Binance. Walrus is expanding its ecosystem, supporting innovation in Web3 and AI applications.