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Walrus

Walrus is a decentralized storage and data availability protocol designed specifically for large binary files, or "blobs". Walrus focuses on providing a robust but affordable solution for storing unstructured content on decentralized storage nodes while ensuring high availability and reliability even in the presence of Byzantine faults.

What is Walrus?

Walrus is a decentralized data storage protocol built on the Sui blockchain, enabling applications to publish, read, and program large data files through Move-based smart contracts. It aims to provide scalable, secure, and programmable storage solutions for various applications, including AI datasets, rich media files, and blockchain history storage.

How Does Walrus Work?

Walrus employs a hybrid model combining blockchain and peer-to-peer networking to deliver decentralized storage services. Data is encrypted and distributed across multiple nodes, reducing the risk associated with centralized failure points. Smart contracts automate storage agreements, enforce protocol rules, and process transactions, supporting scalability and efficiency in data storage operations.

What Makes Walrus Unique?

Walrus differentiates itself by enabling dynamic data interactions and smart contract automation, allowing data to be actively managed, modified, and utilized in various applications. Its programmability integrates storage, availability, and compute capabilities, providing a comprehensive solution for modern data management needs across industries.

Who Are the Founders of Walrus?

Walrus was initially developed by Mysten Labs, the team behind the Sui blockchain. The project was later spun out into the Walrus Foundation, an organization dedicated to the promotion and growth of the Walrus protocol.

Latest News

What Key Events Have There Been for Walrus?

Significant milestones for Walrus include the mainnet launch on March 27, 2025, and a $140 million funding round led by Standard Crypto, with participation from major investors such as a16z crypto and Franklin Templeton Digital Assets. Additionally, Walrus has established partnerships with companies like Linera and Itheum to enhance blockchain data storage and processing for decentralized applications.

Project Announcements

Recent updates include partnerships with Pipe Network to improve bandwidth and reduce latency for decentralized storage and data delivery, and collaboration with FLock.io to enable decentralized, privacy-preserving AI training using federated learning and encrypted data sharing.

Upcoming Events

Latest Airdrop

Walrus conducted an airdrop of its native WAL token to early supporters during the mainnet launch on March 27, 2025.

TGE Time

The Token Generation Event (TGE) for WAL occurred on March 27, 2025, coinciding with the mainnet launch.

Projects Announcements

Where to Buy Walrus?

WAL tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Walrus is Bybit, where the most active trading pair WAL/USDT has a trading volume of $2,288,775.68 in the last 24 hours.

Walrus Price

Daily Trading Volume

As of the latest data, WAL has a daily trading volume exceeding $68 million, indicating strong market activity and liquidity.

All-Time High

The all-time high for WAL was $X on [date], which is Y% higher than the current price.

All-Time Low

The all-time low for WAL was $X on [date], which is Y% lower than the current price.

Market Cap and Valuation

Market Cap

Walrus has a market capitalization of $1.22 billion, ranking it among the top digital assets.

Fully Diluted Valuation

The fully diluted valuation (FDV) of Walrus is $2.1 billion, representing the total value of the asset if all tokens were in circulation.

Walrus Price Prediction

While specific price predictions are speculative, factors influencing WAL's price include market sentiment, adoption rates, technological advancements, and overall cryptocurrency market trends. As of now, there are no available forecasts from reliable experts or publications.

How to buy Walrus?

To purchase WAL tokens, follow these simple steps using the Bitget Wallet: Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store. Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password. Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods. Navigate to the Market: In the Bitget Wallet, go to the market section and search for WAL to view available trading pairs. Place Your Order: Select the desired trading pair (e.g., WAL/USDT), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, WAL tokens will be added to your wallet.

FAQ

What is the Purpose of Walrus?

How Can I Participate in Walrus's Ecosystem?

What Sets Walrus Apart from Competitors?

Is Walrus Secure?

What are the Risks Associated with Walrus?

Community Sentiment

24.48K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.