The RWA market is booming, data storage demand is skyrocketing, and the Walrus protocol built on the Sui chain is making strides on two tracks simultaneously.

What this protocol does is actually not complicated: one side connects real-world assets (real estate, commodities, etc.) to the chain, enabling asset fractionalization and revenue sharing through blockchain transparency; the other side uses Red Stuff erasure coding technology to tackle the tough problem of Web3 storage—efficient storage of large data blocks.

The numbers are indeed impressive. With $140 million in funding support and over $800 million in assets already on the chain, these figures indicate that the market still recognizes this solution. The economic model of the WAL token is quite interesting: transactions require fees, staking needs collateral, which not only incentivizes ecosystem participants but also tightly links token holder profits to protocol development. Governance is handed over to the community, and compliance risks can be better managed.

Use cases are expanding. From storage of AI training datasets to trading and matching of RWA tokens, application directions are becoming broader. That’s why those who are long-term optimistic about Web3 value realization are paying close attention to the ecosystem progress of this protocol—it connects two tracks that are both on the rise.