Recently, I revisited information about Walrus and found that this project indeed doesn't get enough attention in the market. At first glance, it seems to be about decentralized storage, similar to the old, well-established tracks. But upon closer inspection, the logic is completely different.

The core problem Walrus aims to solve is quite clear—why is storage so expensive, and why is it hard to use? Traditional decentralized storage gets stuck on these two issues. It uses erasure coding to lower costs, combined with Sui's high performance, making the entire process of data on-chain, retrieval, and verification much smoother. For developers, this means it can actually be used, not just talked about.

The application scenarios are very practical. AI training data, social networks, NFT metadata—these are all moving onto the chain, and the demand for storage will only become more urgent. There needs to be a reliable place to store this data. More importantly, Walrus also supports fine-grained privacy protection and access control, which are essential for enterprise projects and applications with compliance requirements. This makes it not just infrastructure but more like a platform capable of supporting complex business operations.

The tokenomics also show that the team is serious. Token distribution favors the community, and nodes and users can participate in governance through staking to earn rewards. This design can truly activate the ecosystem rather than just keep it running in circles. The team's execution pace is steady, without the impatience of rushing to raise funds immediately.

Ultimately, Walrus is a project with a solid technical foundation, a steady pace, and long-term potential. As the Sui ecosystem expands, it’s very likely to become the default storage layer for many applications, and the value will naturally be reflected over time.