key takeaways:
- A new on-chain storage solution provides rapid processing and adaptable data management.
- Strong investor support points for increasing demand for alternative storage methods.
- The protocol enables flexible use only beyond the retention of archival data.
The Walrus Foundation has raised $ 140 million to support the development of Walus, designed to improve the existing blockchain-based storage network, company. Announced On March 20, 2025.
Big news in decentralized storage!
Walras Foundation has achieved $ 140,000,000 in funding, under which led by which @StandardcryptoTo score programmable storage built on @Suinetwork,
Storage is no longer storage – it is dynamic, verified and programable. AI dataset, blockchain … pic.twitter.com/anpz4fro6h
– Walrus
/ACC (@walrusprotocol) March 20, 2025
Funding was secured through a private sales of the native crypto, $ Wall of Walrus, beyond the official launch of the network.
Walrus set a goal for rapid, cheaper onchain file storage
Standard Crypto led the round, which joined Andresen HorovitzCrypto Fund, Electric Capital and Franklin Templeton Digital Assets. Sales gave importance to $ 2 billion to the total token supply of the protocol.
Walrus wants to provide a faster and more flexible option for existing decentralized storage projects such as PhiloCin and Arvel, which mainly meets arithmetic needs.
The decentralized collection network supports matters of real -time web applications and programmable use, separating it from the protocol centered on prolonged data protection.
“East onchain storage efforts have struggled with scalability, flexibility and safety,” Adam Goldberg saidManaging Director and co-founder of Standard Crypto.
Developed by Miston Labs – Team behind Sui Blockchain – Walrus quickly attracted the investor’s interest, closed by Miston CEO Ivan Cheng within three weeks.
According to Cheng, walus improves both speed and cost efficiency. “Either they are basically very, very slow,” he said, referring to the existing storage protocol. “Or they are very, very expensive.”
Miston has already created a web-hosting service on top of Walrus during the beta phase of the protocol.
The network and its tokens are scheduled to be launched on March 27, 2025.
Decentralized storage networks attract interest as an extension of cloud options
Increasing demand for centralized cloud services such as Amazon web services and Google Cloud Decentralized storage network has created interest.
These networks emphasize on centralized systems to reduce dependence on centralized systems and spread data in independent nodes and emphasize the protection of information from sensorship.
However, many decentralized storage networks continue to face challenges that balance the scalability, cost and speed.
The wide adoption of dynamic web services hinders the fact that many current protocols prefer safe long-term storage but struggle with real-time looks or application-tier throwputs.
Increased interest from large investors reflects pressure to install the infrastructure for a broad set of blockchain-based applications.
Sectors such as gaming, artificial intelligence and dysented social networks are expected to increase further demand for flexible, high -speed decentralized storage networks.
Frequently asked questions (FAQS):
The design of the protocol can transfer DAPP construction by enabling Swift data exchange and fluid on-chain operation. Its adaptable structure may drive developers to improve the application for high efficiency and better user interactions.
Quick data flow can trigger network strain and integration challenges, preserving strong safety measures. Developers may need to refine the protocol to balance rapid processing with frequent operations.
The system is designed to work with current blockchain framework by offering a flexible interface for interactive apps. Its integration plan can promote cross-chain links and modular reforms for wide utility.
Post Walrus Foundation collects $ 140 million for decentralized storage networks Appeared first Cryptonuse,
