#walrus $WAL
Walrus is a decentralized protocol designed for efficient and scalable storage of large files ("blobs"). Unlike traditional cloud databases, Walrus ensures data immutability and continuous availability for Web3 applications and AI agents.
Foundation: Originally developed by Mysten Labs.
Main Network: Sui Network.
Key Technology: Uses the Red Stuff algorithm (erasure coding), which allows file recovery even if a large portion of the network nodes fail.
2. Market Status (January 2026)
At the beginning of this year, $WAL showed a recovery after reaching historic lows at the end of 2025.
Walrus is a decentralized protocol designed for efficient and scalable storage of large files ("blobs"). Unlike traditional cloud databases, Walrus ensures data immutability and continuous availability for Web3 applications and AI agents.
Foundation: Originally developed by Mysten Labs.
Main Network: Sui Network.
Key Technology: Uses the Red Stuff algorithm (erasure coding), which allows file recovery even if a large portion of the network nodes fail.
2. Market Status (January 2026)
At the beginning of this year, $WAL showed a recovery after reaching historic lows at the end of 2025.