Recently, I spent a lot of time researching infrastructure projects in the Sui ecosystem, and one protocol called Walrus caught my attention. Honestly, I didn’t feel anything special at first glance, but after digging deeper, I increasingly realize the hidden power of projects like this.

Most people’s focus in the market is on the application layer and storytelling, but few ask a fundamental question: where is the data actually stored? Who ensures that this data remains accessible in the future? This is no small matter.

What Walrus is doing, in simple terms, is something that may not seem flashy but is crucial for the big picture—building a truly scalable and censorship-resistant data storage infrastructure for the Web3 ecosystem. Whether it’s DeFi, AI applications, or even larger decentralized systems in the future, all require a reliable data foundation. Without this layer, all innovations on top are prone to being short-term experiments, making it difficult to build a genuine long-term ecosystem.

From this perspective, the real value of WAL isn’t in short-term price fluctuations, but in how many protocols and applications are actually using it and how deeply they rely on it. As more real-world scenarios start to be implemented, Walrus’s infrastructural nature will gradually become apparent.

Walrus isn’t the kind of project that skyrockets overnight; it’s more like something that quietly develops and becomes increasingly relied upon by on-chain ecosystems. You might not initially notice its importance, but it’s always doing the most thankless and difficult work.

If you also believe in the logic that "the underlying determines the ceiling of the upper layer," then it’s worth spending time understanding Walrus’s positioning and development pace. Short-term surges are tempting, but the infrastructure that can support an ecosystem’s long-term growth is often the ultimate winner. What’s your take?