Walrus Protocol ($WAL ) is what? How to participate in receiving airdrop from Binance holder airdrop
Walrus launched in March 2025, after successfully raising 140 million USD from top investors, and has quickly surpassed many competitors, becoming one of the largest ecosystems in the crypto field.
If you are holding $BNB in your Spot or Earn account, you will automatically receive HEMI tokens through this program.
Join HTP96 to explore what makes the Walrus Protocol project special and how you can participate in the Binance Holder Airdrop today 👇
❍ What is Walrus Protocol?
Walrus is a decentralized data storage solution built on Sui, providing cost reduction, increased security, and enhanced availability for data.
Not only does it allow permanent storage of files like images, PDF documents, or other digital content, Walrus also acts as a low-cost storage layer for rollups, while providing businesses with a transparent and efficient data recovery mechanism, ensuring access and information integrity in all situations.
❍ Walrus Protocol Operation Model
The Walrus model consists of 6 main components:
End User: uploads data (blob) to the network.
Client: intermediary between the user and Publisher.
Publisher: records data onto the network.
Storage Node: stores data, requires staking WAL tokens to operate.
Aggregator: collects data from nodes, enabling faster access.
CDN/Cache: temporarily stores data, reduces access latency.
This structure helps Walrus maintain high performance, increase security, and avoid reliance on a single storage point.
❍ Highlights of Walrus$WAL
Transparency and clear provenance: Walrus provides the ability to verify and trace the origin of data, enabling users, researchers, and businesses to confidently buy, sell, share, and use data, laying the foundation for a new generation of AI, finance, and digital innovation.
Cross-chain compatibility: Supports multiple blockchains such as Ethereum, Solana, Avalanche, Sui, and more.
Exceptional cost savings: Helps reduce costs by over 80% compared to traditional decentralized storage networks like Filecoin and Arweave.
Security and privacy: Web3 data is publicly accessible by default, but with Seal combined with Walrus, developers can encrypt and control access — applicable for premium content with restrictions, AI databases, business data, and many other cases.
❍ Applications of Walrus Protocol
Walrus Protocol is applied in the following cases:
Data storage for NFTs or dApps: Walrus can store data such as images, audio, video, in-game assets, and allows dApps or NFTs to access this data directly for use.
Artificial Intelligence (AI): Walrus can be used to store specialized datasets for training while ensuring the availability and authenticity of AI models.
Blockchain history storage: Walrus is used to store historical data of the Sui blockchain, including transaction content, blockchain state snapshot history, code or binary files,...
Supports availability for layer-2: Walrus allows layer-2s to upload and store transaction data, keeping it ready for verification and execution. Additionally, this platform allows anyone to verify the validity of transactions, ensuring transparency, security, and scalability for layer-2.
Decentralized web experience: Instead of storing content and web interfaces on centralized servers, dApps can use Walrus to deliver a complete and safer Web3 experience for users.
Data registration model: Creators can store encrypted data on Walrus and only grant access to registered or paid content parties.
❍ Information about the Walrus development team
Walrus is backed by Mysten Labs, the founding team of Sui Network — one of the most dynamic ecosystems in the crypto space, currently ranked 14th by market capitalization.
Founders: Evan Cheng, Adeniyi Abiodun, Sam Blackshear, Kostas Chalkias, George Danezis.
The Mysten Labs team brings together top engineers in the industry from major tech companies like Facebook, Apple, and Google. Many of them were key players in Facebook's Libra project (later Diem) — an effort to create a global digital currency.
With a mission to build a next-generation blockchain with superior scalability, they created Move, an advanced programming language for smart contracts, developed by Sam Blackshear (one of the co-founders of Mysten).
Mysten Labs made waves in 2024 with the launch of Deepbook, a platform that achieved a 15-fold growth in a short time. Now, Walrus is the next bold step in their long-term vision — following the resounding successes of Sui and Deepbook.
❍ Binance HODLer Airdrops – Walrus (WAL)
Details Token Name: Walrus (WAL)
• Total supply: 5,000,000,000 WAL
• Total rewards for HODLers: 32,500,000 WAL
• Circulating supply at Binance listing: 1.478.958.333 WAL.
• 99.487.179 WAL additional will be allocated for marketing campaigns after listing.
Users who registered their BNB in Simple Earn products (Flexible and/or Fixed) and/or On-Chain Yields during the period from 00:00 on 01/10/2025 (UTC) to 23:59 on 03/10/2025 (UTC) will receive airdrop distribution.
❍ What is HODLer Airdrop?
The Binance Holder Airdrop program rewards tokens for BNB holders in Earn (Flexible or Locked).
No further action needed — Binance automatically calculates & distributes rewards based on the average hourly balance.
👉 Hold coins, receive more rewards — it's that simple.
❍ Personal assessment
In my opinion, Walrus is one of the most notable projects this season.
A project worth following & doing your own research.
If you find it useful, remember to share so others can know!
