Walrus's role in the Sui ecosystem is undergoing a transformation—from a simple data storage tool to a value hub connecting the entire Web3 world.

From a technical perspective, it indeed addresses long-standing pain points in the industry. When handling large files, RedStuff's 2D erasure coding technology reduces storage costs to just 2% of traditional solutions, making massive data storage for AI training sets and 4K videos economically feasible. But even more impressive is the Quilt batch storage solution, which can merge hundreds of small files into a single unit—especially suitable for scenarios like NFT metadata and social content. The storage cost for 10KB files can be reduced by 420 times, and retrieval is more efficient since there's no need to unpack the data.

A key innovation is "programmable storage," where Blob data can be directly invoked as resources in Sui's Move smart contracts, transforming data from static cold storage into dynamic resources capable of generating value.

The ecosystem has already seen tangible results. Leading NFT projects like Pudgy Penguins have onboarded, and media platforms such as Decrypt have integrated. Deeper collaborations are underway with AI and Web2 companies—Gata is building a decentralized AI training platform leveraging Walrus, Tusky is creating privacy-first distributed file tools, and 40,000 enterprises worldwide are accessing decentralized storage through Crossmint. From a compliance standpoint, through outbound entity design, cross-border data compliance mechanisms, and KYC systems, Walrus has become a technical solution to combat data black markets.

The tokenomics are also strengthening. Circulating supply accounts for only 29.57% of the total supply. Combined with a deflationary model, storage payment needs, and staking governance, as storage scales to 1.11PB and user base surpasses 105,000, its value capture capability continues to solidify. Amid the simultaneous explosion of data sovereignty and compliance demands, Walrus is no longer just a storage protocol but increasingly a key infrastructure driving the value release of the entire Web3 ecosystem.