The post From Launch to Top 100 in 1 Month appeared on BitcoinEthereumNews.com.

The crypto world never sleeps — and sometimes, it moves faster than anyone expects. A perfect example is Walrus Protocol, which just marked its one-month anniversary on April 27, 2025. Launched on March 27, 2025, Walrus is already ranked #77 on CoinMarketCap, an impressive feat considering the thousands of tokens fighting for recognition. Built on the Sui blockchain, Walrus brings a fresh, much-needed solution to decentralised storage and Web3 scalability. But what exactly is Walrus, what makes it different, and where could it go from here? By CoinMarketCap – Walrus WAL Token Overview Walrus is a decentralised storage and data availability protocol designed for the Web3 era. It allows developers and users to store large binary files — think videos, images, and data sets — across a distributed, trustless network of nodes. Key features of Walrus Protocol include: Programmable Storage: Developers can create dynamic applications directly tied to stored content. Efficient Data Redundancy: Using advanced erasure coding, Walrus ensures that files are safe and recoverable even if some nodes go offline. Low-Cost Scalability: Thanks to the Sui blockchain’s high throughput and low latency, storage costs stay competitive. In essence, Walrus provides a decentralised alternative to traditional cloud storage, but faster, more secure, and entirely Web3-native. The WAL token powers the Walrus ecosystem. It plays several important roles: Payment: Users pay for decentralised storage using WAL. Staking and Security: Node operators and users stake WAL to secure the network. Governance: Token holders have voting rights on protocol decisions and future upgrades. Burning Mechanisms: Certain fees are burned, introducing a deflationary aspect to the tokenomics. With a total supply capped at 5 billion tokens, and over 60% allocated to community incentives like airdrops and subsidies, Walrus has put decentralisation and community ownership at the heart of its design. As of today, April 27, 2025,…

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Filed under: News - @ April 28, 2025 10:27 am