Walrus is a decentralized data storage protocol built on the Sui blockchain, designed to handle large files like videos, images, and datasets without relying on centralized servers. Unlike traditional blockchain storage systems that struggle with size and cost, Walrus focuses on efficient and programmable storage that scales with real usage. Its architecture allows applications to store and retrieve data reliably while keeping costs predictable, which is critical for Web3 apps that deal with heavy data loads.
Walrus officially launched its mainnet in March 2025, marking its transition from research to live infrastructure. The project gained strong backing after raising $140 million in funding, signaling confidence from long term ecosystem investors. This funding has been directed toward improving storage reliability, developer tooling, and network incentives rather than short term hype.
The $WAL token is the core economic engine of the Walrus network. It is used to pay for storage, reward storage providers, and support staking and future governance. The total supply of WAL is 5 billion tokens, with a large allocation reserved for community incentives and ecosystem growth. This structure encourages long term participation instead of quick exits.
From a market perspective, WAL is currently trading far below its previous peak, reflecting a broader shift where infrastructure projects are being valued more on usage than speculation. Daily trading volume remains active, showing continued interest while the network focuses on adoption rather than price action.
Walrus positions itself as a foundational storage layer for AI, DeFi, gaming, and media applications that require scalable and secure data handling. By solving real storage limitations instead of chasing trends, Walrus aims to become invisible infrastructure that Web3 apps depend on every day.
