$WAL as the storage protocol token on the Sui chain has indeed attracted attention over the past two years. From an application perspective, it has established deep collaborations with multiple leading projects—hosting over 100 AI models, providing NFT asset storage services for well-known IP projects, and supporting over $800 million in RWA on-chain. The practical applications within the ecosystem are gradually expanding.

There are also many highlights on the technical side. Red Stuff encoding and Quilt small file optimization schemes can significantly reduce storage costs. Seal's privacy control module addresses longstanding data security issues. Recently, a partnership with an edge computing network has reduced read/write latency to the 50-millisecond level. These are not just theoretical features; they are real-world usable solutions.

The economic model design is also quite sophisticated—60% of the tokens are allocated to the community, combined with a deflationary mechanism through transaction burns. With $140 million in funding as a solid foundation, it forms a relatively stable growth framework. Whether you are an investor interested in the Web3 data infrastructure track or a developer seeking storage solutions within the Sui ecosystem, the project's progress is definitely worth following.