Walrus is the kind of project that looks “simple” until you realize most onchain apps still depend on one centralized server for the heavy stuff. The transactions are decentralized, but the images, game assets, documents, and datasets usually aren’t. That’s where apps break. That’s where users leave.
Walrus on Sui is built for blob storage: storing large files off chain, but in a decentralized way. It splits data into pieces and distributes them across many nodes using erasure coding, so files can still be recovered even if some nodes go offline. In plain terms, it’s aiming for cheaper storage, better resilience, and less censorship risk than relying on one provider.
From a trader’s view, WAL isn’t interesting because it exists. It’s interesting only if usage becomes consistent. I watch three signals: paid storage demand, real app integrations, and reliable retrieval under load. If those improve over time, WAL starts behaving like an infrastructure token tied to actual activity, not just sentiment.
