There is a project on the Sui chain called Walrus, which specializes in decentralized storage. In simple terms, it aims to fill the gap in AI data storage within the Sui ecosystem. The most interesting part is its native token WAL, which has become a connector for the entire ecosystem.

Let's first look at the technology. Walrus uses RedStuff encoding technology, which is quite powerful—compressing large data such as AI training data and NFT metadata while still ensuring data integrity. This can reduce storage costs by over 60% and increase read/write speeds by three times. Compared to established projects like IPFS, Walrus clearly better understands the storage needs of AI data in the Web3 era.

Now, regarding the WAL token. Its design follows a fixed total supply plus a deflationary model, with node staking requiring token destruction, ensuring scarcity from the source. Holders of WAL have two roles: first, participating in ecosystem governance votes to decide on storage fee rates and node upgrades; second, staking to become storage nodes and sharing the network's storage rewards. In essence, WAL is both a governance token and a proof of earnings, no longer just a simple trading token.

Looking ahead, if the Sui ecosystem continues to expand and AI data storage demands explode, Walrus will have more room to grow. The value of WAL will rise along with the implementation of ecosystem applications. For investors and developers, this is a direction worth paying attention to.