#walrus $WAL
Walrus (WAL) Coin is a modern cryptocurrency designed to power a decentralized data storage protocol built on the Sui blockchain. Rather than serving purely as a speculative asset, WAL plays an important utility and infrastructure role in the Walrus ecosystem.
At its core, the Walrus Protocol aims to make storing and managing large files (like videos, images, and AI datasets) efficient and affordable on-chain. It does this by breaking large data into small pieces through erasure coding, then distributing those pieces across many storage nodes, ensuring resilience, reliability, and faster retrieval. This approach is more scalable and cost-effective than traditional on-chain storage.
The WAL token is the heart of this ecosystem. Users pay for storage services with WAL, stake tokens to secure the network and earn rewards, and participate in governance decisions that shape the protocolâs future. With a total supply capped at 5 billion tokens, a portion is allocated for community incentives, including airdrops and developer support
