Walrus as the core data layer of Sui Stack, the ecosystem progress in 2025 is indeed worth paying attention to. From a technical perspective, after the mainnet launch, the RedStuff encoding technology has achieved a 4-5x low replication factor, representing a significant breakthrough in storage efficiency.

The richness of the application ecosystem is also expanding rapidly. The emergence of projects like CUDIS health data management platform, Talus AI agents, and Myriad prediction markets indicate that this programmable storage track is forming a multidimensional ecosystem. Among them, Myriad's single platform trading volume exceeds 5 million US dollars, suggesting increasing market recognition.

In terms of economic model design, the deflationary mechanism combined with a 60% community allocation ratio indeed increases the appeal of staking mining and governance rights. Grayscale Trust's entry also brings institutional-level endorsement.

Progress at the infrastructure layer is equally critical — integration with Pipe Network allows data read and write latency across 280,000+ global PoP nodes to be compressed below 50ms, a latency level that is very competitive for Web3 applications.

Looking ahead to 2026, the deep binding planning between Walrus and the Sui ecosystem, as well as accumulated leading position in the programmable storage track, both point to considerable room for imagination. The entire trajectory appears to be gradually transitioning from technical verification to application scaling.