Bubble
Walrus WAL
Walrus (WAL) was trading at $0.0252, ranked #372 by market cap at $64.55M, with 24h volume of $6.30M.
Data snapshot: 2026-09-02 12:15 UTC.
Walrus is decentralised storage from the team behind Sui, using erasure coding so a file survives even when a large share of storage nodes go offline, without keeping a full copy on every node. It targets the gap Sui itself leaves: chains are poor at holding large media, so the data lives on Walrus while the ownership record stays on-chain. Walrus is a decentralised storage network built by the team behind Sui, designed specifically for large binary files — video, model weights, media — with erasure coding so data can be reconstructed even if many storage nodes disappear. That focus on large blobs rather than small records is the distinction from earlier storage networks, and it is aimed at a workload that has grown with AI and media applications. It is recent, so its price history is short and its adoption is still being established.
What is Walrus built for?
Storing large binary files — video, media, model weights — rather than the small records earlier decentralised storage focused on.
What is erasure coding?
Data is split into fragments with redundancy so the original can be reconstructed even if a substantial share of the storage nodes go offline.
Who built it?
The team behind the Sui blockchain, so it is closely tied to that ecosystem's tooling and development.
How established is it?
Recent. Price history is short and adoption is still being built, so its market behaviour carries less information than that of longer-running networks.
Market cap decides how big a bubble is drawn, so rank is what places WAL on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #100 | Filecoin (FIL) | $577.04M |
| #156 | JasmyCoin (JASMY) | $233.88M |
| #285 | Aethir (ATH) | $91.29M |
| #366 | Livepeer (LPT) | $65.33M |
| #372 | Walrus (WAL) | $64.55M |