What is WAL token it? Decentralized storage solution by Walrus Protocol
Walrus Protocol pioneers decentralized storage on blockchain, raises 140 million USD, and prepares for Binance launch on October 10Binance has announced Walrus (WAL) — a decentralized storage platform built on the Sui blockchain that supports data markets for the AI era — as the 50th project in its HODLer Airdrops program.
Users who subscribed their BNB to Simple Earn or On-Chain Yields between October 1 and October 3 were eligible to receive 32.5 million WAL in the airdrop. The token will be listed on Binance spot at 07:30 UTC on October 10, supporting trading pairs with USDT, USDC, BNB, FDUSD, and TRWalrus uses erasure coding to distribute data across multiple nodes, ensuring security and low costs for dApps and enterprises. The WAL token is used for storage payments, node rewards, and governance. Although WAL saw a short-term rebound following Binance’s announcement, it remains in a prolonged downtrend.What is Walrus Protocol?
Walrus Protocol is a decentralized storage protocol built on Sui Network, focusing on providing programmable data storage solutions for blockchain applications and autonomous agents.
The project aims to address the high costs of data replication and data availability in the blockchain ecosystem, with the goal of delivering sustainability, transparency, and efficiency.
Decentralized storage is a crucial piece of the blockchain ecosystem. Walrus Protocol's strength lies in its erasure coding technology, which allows data to be fragmented and stored across multiple nodes, ensuring data recovery even if 2/3 of the nodes What is Walrus Protocol?
Walrus Protocol is a decentralized storage protocol built on Sui Network, focusing on providing programmable data storage solutions for blockchain applications and autonomous agents.
The project aims to address the high costs of data replication and data availability in the blockchain ecosystem, with the goal of delivering sustainability, transparency, and efficiency.
Decentralized storage is a crucial piece of the blockchain ecosystem. Walrus Protocol's strength lies in its erasure coding technology, which allows data to be fragmented and stored across multiple nodes, ensuring data recovery even if 2/3 of the nodes
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18/10/2025
What is WAL token it? Decentralized storage solution by Walrus Protocol
Walrus Protocol pioneers decentralized storage on blockchain, raises 140 million USD, and prepares for Binance launch on October 10.
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Binance has announced Walrus (WAL) — a decentralized storage platform built on the Sui blockchain that supports data markets for the AI era — as the 50th project in its HODLer Airdrops program.
Users who subscribed their BNB to Simple Earn or On-Chain Yields between October 1 and October 3 were eligible to receive 32.5 million WAL in the airdrop. The token will be listed on Binance spot at 07:30 UTC on October 10, supporting trading pairs with USDT, USDC, BNB, FDUSD, and TRY.
Walrus uses erasure coding to distribute data across multiple nodes, ensuring security and low costs for dApps and enterprises. The WAL token is used for storage payments, node rewards, and governance. Although WAL saw a short-term rebound following Binance’s announcement, it remains in a prolonged downtrend.
See more: Walrus (WAL) – The 50th project on Binance HODLer Airdrops
What is Walrus Protocol?
Walrus Protocol is a decentralized storage protocol built on Sui Network, focusing on providing programmable data storage solutions for blockchain applications and autonomous agents.
The project aims to address the high costs of data replication and data availability in the blockchain ecosystem, with the goal of delivering sustainability, transparency, and efficiency.
Decentralized storage is a crucial piece of the blockchain ecosystem. Walrus Protocol's strength lies in its erasure coding technology, which allows data to be fragmented and stored across multiple nodes, ensuring data recovery even if 2/3 of the nodes fail.
Walrus technology reduces replication costs to a minimum (4x-5x), comparable to traditional cloud services, while still maintaining decentralization and high reliability.
Walrus (WAL) Binance
The project is developed by Mysten Labs, a well-known company in the blockchain space, also behind Suifail.fail.Y
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