In the crypto ecosystem, projects that truly break through are often not the ones that do the best marketing.

Walrus is a typical example. It doesn't focus on meme concepts or constantly promote hundredfold returns. Instead, it quietly solves the most core problem in Web3—large-scale data availability.

Simply put, Sui provides ultra-fast on-chain settlement capabilities, making Walrus's work even clearer: how to securely disperse storage of heavy data (videos, AI training sets, game assets) so that untrusted nodes can also collaborate. Red Stuff encoding technology ensures minimal redundancy while enabling rapid recovery. The $WAL token's role is to incentivize node competition, not to create a few mining oligarchs.

Since the mainnet launch, the results of this approach are quite evident: storage usage has grown from zero to hundreds of TB, and the number of ecosystem projects has expanded from over 20 to more than 120. Real-world use cases are emerging—Pudgy Penguins uses it to store IP data, and Inflectiv is working on tokenized datasets. These are not just concepts; they are real applications already running.

The team is pragmatic, not spending excessively on marketing, but continuously upgrading technology: multi-chain expansion, governance optimization, AI stack integration, and more are underway. If Sui launches private transaction features in 2026, Walrus's Seal mechanism will become even more critical; meanwhile, in collaborations fine-tuning Sui-specific AI models with FLock, Walrus's value as a data infrastructure will be further amplified.

This is not just a storage story but a layered moat. Compared to other storage projects, Walrus's token incentive mechanism is more direct and effective: holding tokens and staking to earn rewards, with token burns driven by usage to promote deflation.

Another detail is that investor unlocks are delayed until March, resulting in relatively less early selling pressure. The biggest variable is the dependency on the Sui ecosystem, but from another perspective, this could also trigger a magnification effect—once Sui establishes its position in AI, the demand for Walrus's data infrastructure will grow exponentially.