@Walrus 🦭/acc #Walrus Walrus has been quite active recently. It is a decentralized storage protocol built on the Sui blockchain, primarily addressing the data storage needs of Web3 applications—whether it’s large files, media, or AI datasets—by enabling more flexible storage methods through programmable storage and smart contracts.

Regarding funding, Walrus has raised a total of $140 million in 2025, backed by leading institutions such as Standard Crypto, a16z crypto, and Electric Capital. These institutions value two main aspects: first, the feasibility of the technology itself; second, the team’s execution capability. With endorsements from these major players, the project has a solid foundation for future ecosystem development.

The project’s native token $WAL is used not only to pay for storage fees but also for staking and governance participation. This design allows community members to directly participate in the protocol’s evolution, rather than just passively using it. Additionally, the token is already listed on several major exchanges, increasing engagement and discussion activity.

From a technical perspective, Walrus aims to redefine storage through decentralization, offering lower costs and higher efficiency compared to traditional solutions. This direction indeed has potential in the Web3 infrastructure space. However, its actual performance will depend on subsequent application deployment.