2026-01-22 13:00:36

Recently, I’ve been working on a project built on the Sui network and wanted to share with everyone. To be honest, the crypto market has been a bit tense lately, and after trying different approaches, I realized that the ways to make money are still the same few. Instead of focusing on market fluctuations, it’s better to study some details in on-chain data—those pieces of information that most people overlook.

The project is called Walrus Protocol, a decentralized storage protocol. On the surface, it looks like just a storage tool, but digging deeper reveals quite a few interesting aspects. I checked the on-chain data and found an intriguing phenomenon: shortly after its mainnet launch, the project has already handled over 70,000 decryption requests. This number is quite eye-catching—it indicates that quite a few projects have integrated it.

What exactly is being used? Mainly critical applications like AI training data, game state storage, and ad verification. The underlying technology is Walrus’s Seal mechanism, which is specifically used for encrypting and verifying data integrity. Currently, more than 20 projects are using this scheme to process their data. You see, while others are still discussing the basic concepts of storage protocols, this project is already handling real business data.

What does this tell us? The demand for data storage and verification in the AI era is much more urgent than we imagined. Although Walrus primarily focuses on large file storage—such as videos, images, and datasets—it is gradually becoming a foundational infrastructure within certain ecosystems. At least from the activity on the chain, this trend has already taken shape.

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DaoDeveloper

· 1h ago

ngl the seal mechanism design here is pretty elegant... merkle proofs for data integrity at scale, that's the kind of composability we need more of

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FlashLoanLarry

· 9h ago

70k decryption requests already? ngl that's the kind of traction metrics actually worth digging into instead of staring at another pump chart. most people still debating storage 101 while walrus is already doing the heavy lifting. thesis checks out imo

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GasFeeSurvivor

· 9h ago

70,000 decryption requests, this number really means something --- Is the Seal mechanism reliable? Or is it just another PPT project? --- Wait, more than 20 projects are already using it? I haven't heard of them --- The storage track has been mainstream for a long time, why can Walrus break through? --- Is the demand for AI data storage so urgent? Why don't I feel it? --- Beautiful on-chain data is one thing, whether it can really make money is another --- Sui ecosystem has new developments again, is this one reliable or just another scam? --- Is there really a market for game state storage? It doesn't seem like the demand is that high --- 70,000 requests sound like a lot, but what if we spread it over a few months? Are these details important? --- The term infrastructure is overused; every project claims to be infrastructure --- Digging deep into on-chain data is a good idea, but in the end, it still depends on whether the token economy can work

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SatoshiLeftOnRead

· 9h ago

70,000 decryption requests? Man, this data is pretty intense. --- Walrus is really secretly working on something; I’ve also been checking data on the chain. --- Is the storage sector about to rise again? Feels like every cycle can be a hype. --- The question is, can more than 20 projects be called infrastructure? We’ll have to see what happens next. --- I’ve long been optimistic about decentralized storage; this wave of the Sui ecosystem definitely has potential. --- AI data verification is in high demand, but how many years can Walrus hold up? --- Another great project that’s been overlooked. Why do I always feel like I find out about these too late?

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NFTBlackHole

· 9h ago

70,000 decryption requests? That number really packs a punch --- The Seal mechanism is quite innovative, but the real profit depends on how the secondary market trades it --- More than 20 projects using Walrus? Why does it seem like no one around mentions it... --- The logic that storage demand skyrocketed in the AI era is valid, but I just don’t know if the token’s value can hold up --- Early project data looks good, but infrastructure-related stuff is often underestimated to death, I’ve stepped into that pit --- On-chain data looks impressive, but generating real revenue is another story; we’ll have to wait and see --- Everything in the Sui ecosystem is hot right now, but who knows if the next trend will shift directly to other public chains --- Having more than 20 projects using it shows that no one cares whether it can be profitable or not --- The storage protocol track is super competitive; Arweave and Filecoin are still gathering dust, so why is Walrus different? --- No, I understand your thinking, but during practical implementation, I always feel like I’m missing the point

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gas_guzzler

· 9h ago

70,000 decryption requests, this number really means something Walrus's groundwork is quite deep, I didn't expect so many projects are already using it The business of storage infrastructure, to put it simply, is gradually becoming like utilities It seems that compared to quick money from trading coins, this kind of thing is actually more resistant to downturns? I need to do more research on the Seal mechanism, AI data is indeed a necessity This is the real happening on-chain, not those air projects stories More than 20 projects are already running, I feel a bit late to see this now

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