Walrus repeatedly oscillates between 0.1360 and 0.1406, retail investors are eager to cut losses and exit, while institutions are taking the opportunity to aggressively accumulate. It appears to be a simple price game, but in reality, it is a contest over the future understanding of the AI storage track.

Top-tier capital like a16z and Standard Crypto jointly invested $140 million, not out of frustration, but because they have calculated it precisely. What are they seeing? A rare monopolistic opportunity in the trillion-dollar AI storage market.

Walrus’s real killer feature lies in its technology. The parameters of large models have already surpassed the trillion-level, and training requires support from PB-level data, posing unprecedented challenges to storage systems. Traditional centralized storage is prone to privacy leaks, high costs, and single point of failure risks. Decentralized storage, while ideal, has been stuck on two major bottlenecks: low efficiency and difficult data recovery.

Walrus breaks the deadlock with RedStuff two-dimensional erasure coding technology. The core logic is simple yet powerful: divide data into main slices and checksum slices, and disperse them across global nodes. With only a 4.5x replication factor, data can be fully recovered even in extreme cases where two-thirds of the slices are lost. Compared to Filecoin, data recovery speed is three times faster, and bandwidth costs can be reduced by more than half.

Efficient, secure, and low-cost—these are the three most important factors for AI companies, and Walrus has not missed any of them. Several AI laboratories are already testing their storage solutions. The pace of commercialization is getting closer, and the price of 0.1406 may just be the beginning.