$WAL as a storage protocol token on the Sui blockchain has indeed shown a noteworthy development trajectory over the past two years. From the application perspective, it has already achieved deep cooperation 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 assets. The ecosystem's practical applications are gradually rolling out.

There are also several highlights on the technical side. Red Stuff encoding and Quilt small file optimization solutions can significantly reduce storage costs, the Seal privacy control module addresses longstanding data security issues, and a recent collaboration with an edge computing network has brought read-write latency down to the 50-millisecond level. These are not just paper features but genuinely usable in real-world scenarios.

The economic model design is also quite sophisticated — 60% of tokens are allocated toward the community, coupled with a deflationary mechanism through transaction destruction, with $140 million in financing as the fundamental support, forming a relatively robust growth framework. Whether for investors looking to participate in the Web3 data infrastructure sector or developers seeking storage solutions within the Sui ecosystem, this project's progress is definitely worth following.