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Arhum
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$SUI has been performing exceptionally well recently (last year and this week). One of the largest Web3 releases is taking place today, which could account for some of this. @WalrusProtocol was created by Mysten Labs, the same team that created SUI, and is now available on the mainnet and exchange. The kicker: it's a quicker, more resilient decentralized storage infrastructure that competes with Filecoin, Arweave, and Celestia. Why this matters: - $140 million raised (a16z-backed). - Airdrop: 10% to the community (4% now and 6% later). - Ecosystem: Plume Network, Tusky, and others are already building. There is currently a tremendous opportunity in the industry to change the way data is stored and used online. We don't currently have anything that brings crypto apps fully onchain with decentralized storage. So far, it has proven to perform better than existing options. SUI appears to be deploying an increasing number of tier 1 protocols, which only adds to the ecosystem.
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