Data storage has become an unavoidable bottleneck in Web3. As on-chain data volume surges and privacy protection needs increase, truly innovative breakthroughs are beginning to emerge in the decentralized storage sector. The Walrus protocol behind WAL coin is such a player—it is built on the Sui chain and rewrites the rules of distributed storage through innovative algorithms and ecological support.

Speaking of core competitiveness, the Red Stuff 2D erasure coding algorithm is indispensable. This technology intelligently splits data into fragments and disperses storage, achieving efficiency 4.5 times higher than traditional solutions. Data recovery costs are also reduced to the lowest industry level—simply put, it solves the long-standing problem of "inefficient redundancy" in decentralized storage. Coupled with Sui’s high-performance public chain, Walrus achieves a deep integration of storage and computation, enabling large datasets like AI training sets, big files, and blockchain history to have programmable capabilities, opening up the imagination space for end-to-end decentralized applications.

From the perspective of fundraising and ecology, the support for WAL coin is also solid. The project secured $140 million in private funding rounds by 2025, with top institutions like a16z and Standard Crypto jointly backing it, pushing its valuation to $2 billion. The token allocation is particularly intriguing: out of a total supply of 5 billion tokens, over 60% are allocated to community airdrops, incentives, and reserves, with 10% directly airdropped to ecosystem users, and investors only accounting for 7%. This allocation clearly points to a community-driven development approach. Additionally, with a deflationary mechanism that burns part of each transaction, combined with storage payments, node staking, and other diverse application scenarios, the economic model of WAL coin is quite straightforward.