The decentralized storage sector is undergoing a dramatic transformation—from the past hype and concept speculation to a focus on real-world application competition. Old players like Filecoin once thrived on the 'mining token logic,' but their days are becoming increasingly difficult. Walrus, on the other hand, has taken a different path, focusing on the 'hot data' market and rewriting the rules of the game.

Compared to traditional storage protocols, Walrus's advantages are quite evident. First, it has chosen the right track—while Filecoin sticks to the less popular 'cold data storage' market, which is inefficient and rarely used, Walrus has seized high-frequency access scenarios such as AI training data, dynamic NFTs, and enterprise real-time data. Through batch processing and low latency features, it fully meets the demand. Second, in terms of technical strength, Red-Stuff encoding can cut storage costs by over 80%, and the data can be rewritten and programmed, making it much more flexible than Arweave's rigid 'permanent data deletion' scheme. This flexibility is a real necessity for enterprise clients. Additionally, the ecosystem is genuine—109 native applications are already online, with 80TB of data coming from real applications. This creates a virtuous cycle of 'application-driven storage → storage supporting the network,' unlike some projects that rely on fake demand created by miner staking.

The data speaks for itself: Walrus has already captured 90% of storage share in the Sui ecosystem, and competitors are simply no match. The global hot data storage market is expected to surpass $500 billion by 2026, and this cake is big enough. In an era that values practicality above all, those who can truly solve problems will win.