2026-01-07 14:28:31

When it comes to storage and privacy, we've actually been exposed to risks for a long time. Your personal information is scattered everywhere, ruthlessly collected and resold by various platforms, making you feel like a transparent person with no control over your data. The Walrus protocol is designed to address this pain point.

Its core logic is not complicated—using decentralized technology to fragment and distribute your data so that others cannot reconstruct the complete picture of you. Even more impressively, you can monetize your data and decide who to sell it to. This approach applies to both individuals and enterprises, hitting the big pain point of privacy leaks in an era of information explosion.

On the technical side, Walrus runs on the Sui blockchain, utilizing a combination of erasure coding and blob storage to achieve decentralized distribution of large files, effectively putting privacy protection into practice through technology.

So, what about the data? The $WAL token has a total supply of 5 billion, with a circulating supply of 1.577 billion (31.54%), and a market cap of approximately $230 million. Although supported by Grayscale Trust and integrated with multiple dApps, the protocol's revenue is still in the early stages—only generating $18,000 in Q4 2025.

The market remains optimistic about this direction, especially considering the potential applications in privacy storage and AI data verification. However, a few risks need to be watched closely: the largest holder controls 44.8% of the circulating supply, indicating high concentration; and there are also concerns about VC valuation disputes. These are areas to monitor closely moving forward.

WAL3.22%

SUI1.43%

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SerumSqueezer

· 01-07 14:57

Damn, 44.8% in one hand, how crazy is that?

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rugged_again

· 01-07 14:57

It's the same old privacy story, but this time it's a bit different. Data monetization sounds good, but I'm worried it might just be another scheme to cut the leeks.

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ShibaMillionairen't

· 01-07 14:55

Data monetization sounds good, but $18,000 in revenue... that's really modest. --- 44.8% is concentrated in the hands of big players. Where's the promised decentralization? --- Sui ecosystem's privacy solution is indeed innovative, but early projects should still be cautious. --- There aren't many people truly wanting to sell their data; most just want peace of mind. --- Wait, just because Grayscale supports it, the market can be pumped? That logic is a bit too optimistic. --- Privacy will never go out of style, but how long Walrus can sustain is a question. --- High concentration and early-stage revenue—risk isn't small, brother. --- Can't piece together the full me... but it’s truly satisfying. This is more conscientious than those big companies directly selling data. --- Protocol revenue is still being explored? I think the potential is still being explored, haha.

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GreenCandleCollector

· 01-07 14:49

Data monetization sounds good, but that $18,000 income is indeed a bit awkward. --- 44.8% concentration? Isn't this just a naked VC cutting leek routine? --- There are many privacy solutions on Sui, but why can Walrus break through? --- It would be great if we could decide to sell data ourselves. Right now, we're still in a passive slaughter situation. --- Grayscale's endorsement definitely adds points, but early revenue looks a bit虚假. --- Privacy + AI data verification, this imaginative space is quite large. --- In the early stages, I am optimistic about the direction, but the circulation ratio still needs further observation. --- Feels like another story of "great vision, poor income," an old routine. --- I need to delve deeper into the technical details of data slicing and distributed storage. --- Instead of focusing on WAL price fluctuations, it's better to see who is actually using this protocol.

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MemeTokenGenius

· 01-07 14:44

Wait, the largest holder owns 44.8%? That's an outrageous concentration. --- I believe in the concept of privacy, but a revenue of $18,000 is just too pathetic. --- Walrus sounds good, but the token economics need to be reconsidered. --- Again with the Sui ecosystem, it depends on where Sui itself will go. --- Data monetization sounds good, but how many people are actually using it? --- Grayscale's endorsement does carry some weight, but the concentration level really warrants caution. --- Changing the name of decentralized storage and doing it all over again? But Walrus's approach is indeed interesting. --- With a market cap of $230 million, how do you view the risk-reward ratio? --- Privacy is always a necessity; it all depends on whether Walrus can really take off. --- VC valuation is controversial, right? I'll wait and see for now.

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MEVSandwichVictim

· 01-07 14:43

Bro, this Privacy Guard sounds pretty good, but I'm just worried it's another new trick to cut the leeks. Data monetization sounds great, but who’s really paying you? That 44.8% holding ratio earlier might just be a dump waiting to happen. Privacy stuff can't be rushed; Walrus, take it slow. The people jumping in now might just be the bagholders. With Sui and erase encoding, the tech is flashy, but with only $18,000 in revenue, that’s the real deal. Anyway, it’s just another coin with a story. Let’s wait and see, no need to FOMO in.

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