WALUSDT
Perp
0.1074
-11.09%
Walrus (WAL) is gaining recognition as a premier decentralized storage option on the Sui blockchain, driven by the unique Red Stuff algorithm, which boosts storage efficiency by 4.5 times relative to conventional replication. WAL boasts a market cap of $140M and a total supply of 5B WAL and is supported by prominent investors such as Andreessen Horowitz and Electric Capital, merging innovative technology with robust financial backing. Users can stake WAL, engage in governance, and access scalable storage for Web3 initiatives. As adoption increases and encoding becomes more efficient, Walrus is ideally suited for typical DePIN and blockchain infrastructure applications. #walrus #DecentralizedStorage #Web3Innovations 
