Beyond the Hype Cycle: Understanding Walrus (WAL) as Infrastructure
Walrus (WAL) never really behaved like a typical crypto story, and that’s exactly why it’s worth paying attention to. While most projects entered the market chasing attention and fast liquidity, Walrus started from a quieter question: what happens when data, not just money, becomes decentralized? In its early phase, the idea wasn’t about price or hype, but about solving a structural problem — the fact that most “decentralized” apps still depend on centralized storage behind the scenes. That contradiction bothered the builders,