Walrus to Complete Sites Upgrade Optimization on November 21

According to industry media reports, decentralized storage protocol Walrus secured $140 million in financing on March 20, 2025. Investors in this round included prominent institutions such as Standard Crypto, Andreessen Horowitz, Electric Capital, Karatage, Comma3 Ventures, Franklin Templeton, Lvna Capital, Protagonist, RW3 Ventures, and Raptor Group.Walrus is a decentralized storage and data availability protocol specifically designed for large-scale binary file storage. The project aims to provide users with robust and cost-effective unstructured content storage solutions, leveraging a decentralized network of storage nodes to ensure high availability and reliability. The protocol maintains stable system operation even in the presence of Byzantine faults. As demand for data storage continues to grow, decentralized storage protocols are becoming a critical component of blockchain infrastructure.Following the completion of its financing, Walrus accelerated project development. On March 27, 2025, Walrus officially launched its mainnet, and trading for the WAL token commenced. The project continued to optimize network performance and implemented network expansion and performance upgrades on October 1, 2025. On October 9, leading exchange Alpha platform listed WAL and initiated a trading challenge, further expanding the project's market influence. Walrus also conducted multiple rounds of airdrop campaigns for the community and introduced an NFT claim mechanism to actively reward early supporters.