2026-01-12 06:26:32

Walrus has quietly become the core infrastructure of the storage layer in the Sui ecosystem. This project uses erasure coding (Red Stuff) to split and encrypt data, dispersing it across nodes worldwide. When retrieved, the data can still be fully reconstructed. It sounds a bit magical—your data is divided into 5 parts, and even if 2 parts are lost, it can be restored to its original form. This logic supports 99.999% reliability.

Currently, over 1 billion WAL tokens have been locked, and the project is valued at $2 billion. More importantly, leading projects like Pudgy Penguins have already formed deep integrations with it, and storage demand continues to grow. Walrus is also expanding to other blockchains, aiming to become a cross-chain public storage layer—its ambitions are evident.

Privacy is another key focus. Coupled with Sui’s Seal privacy feature, Walrus is building a confidential data marketplace. Imagine your diary can be set so that only a specific person can see page three, while other content remains automatically invisible. This fine-grained permission control is very attractive for financial data and personal privacy use cases. The team is also continuously incorporating the latest security research to strengthen the privacy layer.

Ecological cooperation is snowballing. Humanity Protocol has already migrated millions of identity credentials. Even more interesting, traditional giants like OneFootball have joined, a platform with 200 million monthly active users. Developer incentive programs continue to distribute funds to attract programmers worldwide to contribute code, boosting ecosystem activity.

Finally, let’s look at WAL’s value logic—it’s not about speculating on the price, but about doing the hard, real work. Storage, privacy, and cross-chain functionalities all require genuine technical accumulation and application support. Once scaled, it becomes a foundational infrastructure that can be a bottleneck. In the long run, WAL’s value is determined by actual storage capacity and the number of applications, which is the most solid support.

WAL2,85%

SUI5,09%

SEAL-11,42%

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GateUser-00be86fc

· 15h ago

Erasure coding is really awesome. Losing two copies can still restore data, which is much more reliable than when I lost my keys last time haha. Is OneFootball coming? 200 million monthly active users. If it really takes off, WAL has plenty of room for imagination. I believe the storage layer bottleneck issue, what does it mean when big players like Pudgy Penguins are using it? The real demand is right there. Fine-grained privacy permissions do have some substance, but the ecosystem still needs time for validation. Don’t just burn money to attract developers. A $2 billion valuation with $1 billion locked-up tokens feels a bit high expectations-wise. Let’s see the actual user data later. Web3 storage has been lacking good solutions. I like the Walrus approach, but the technical stability still needs to be questioned. Cross-chain expansion? Not that easy. Each public chain has its own利益格局, so don’t be too optimistic.

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GhostAddressMiner

· 16h ago

One billion tokens locked sounds impressive, but who can tell me how much the early addresses are still holding? On-chain footprints don't lie. The 200 million monthly active users for OneFootball sound exaggerated... what is the actual migration volume? The erasure coding scheme is good, but is the privacy layer really secure? Does the Seal feature have an audit report? Cross-chain ambitions usually burn money... I've been watching the addresses transferring funds to Arbitrum and Optimism, the next move should be coming soon. A valuation of 2 billion is stable, but right now, everyone dares to talk about infrastructure.

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NftRegretMachine

· 01-12 06:56

Erasure coding is really unbeatable, but the problem is that by the time Walrus becomes a critical infrastructure, the coin price will probably have been pumped to the sky. --- I'm a bit skeptical about traditional giants like OneFootball joining; will the truly 200 million monthly active users really use this for storage? --- A $2 billion valuation with $1 billion locked-up feels impressive on paper, but what about the actual user base? --- Fine-grained privacy permissions sound great, but I'm worried it might just end up being another PPT feature. --- Cross-chain ambitions are good, but multi-chain deployment also carries significant risks. If one chain has issues, the entire ecosystem could face trouble. --- Honestly, compared to the valuation logic of trading coins, I prefer to see user data growth curves. It's still too early, right? --- Pudgy Penguins endorsement is indeed substantial, but NFT projects have been looking for new narratives these past two years. --- The combination of privacy and storage is a good niche, but it depends on whether the ecosystem can truly achieve a cold start.

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GetRichLeek

· 01-12 06:55

Ah... another "infrastructure" narrative. Why do I feel like I've heard it a thousand times? Every time they say this time is different, but it ends up being a total loss. But on the other hand, Pudgy Penguins have already jumped on board, so I need to pay attention to these details. OneFootball's 200 million monthly active users sound impressive, but how many of them are actually on-chain and using storage? That's the key, or it might just be empty talk. A valuation of 2 billion... 1 billion tokens locked... so the average price is only 2 yuan? Seems like an opportunity to sneak in early, but I'm just worried about getting caught at the top again.

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OldLeekNewSickle

· 01-12 06:51

Wait, locking 1 billion tokens sounds like a huge number, but what's the actual circulating supply... that's the real key, right? Would a traditional big player like OneFootball really use WAL just for storage? Or is this another storytelling tactic for fundraising? Deep integration with Pudgy Penguins does have some imagination space, but don’t forget that last time Arweave also claimed to be the most robust infrastructure, and what happened then... Just for reference. How was the 2 billion valuation calculated? Can you disclose the funding rounds?

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ConsensusBot

· 01-12 06:36

Erasure coding, can you still recover after losing 2 copies? Feels like magic. --- Pudgy Penguins has adopted it, this ecosystem definitely has something. --- A $2 billion valuation with $1 billion tokens locked, the numbers look pretty solid. --- Big companies like OneFootball coming in is different, it shows it's not just hype. --- Real infrastructure should be like this—doing real work, not just hyping concepts. --- The privacy feature is so granular, it must be amazing for financial scenarios. --- Cross-chain ambitions are a bit ambitious, but execution is the key. --- Migration of millions of credentials to Humanity Protocol? This ecosystem is tightly connected. --- Developer funding plan, I like this approach—reviving the ecosystem through incentives. --- Storage capacity and number of applications determine value; this logic is solid.

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TestnetScholar

· 01-12 06:28

The erasure coding system is indeed powerful; losing two copies can still allow for recovery. This logic is much more robust than traditional cloud storage. OneFootball has also entered? With 200 million monthly active users, Walrus is really working on something substantial. How is the 2 billion valuation currently determined? With such poor liquidity, how can they still set such a high price? Fine-grained privacy control sounds good, but I’m worried it might just be on paper. The actual implementation might still be the same old story. Locking in top projects like Pudgy Penguins indicates that the market is already voting with its investments. I am optimistic about the cross-chain storage layer direction, but the team’s delivery capability is the key. With 1 billion WAL tokens locked, how are the node rewards? Has anyone calculated the annualized return?

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