Sui “三驾马车”的新版本: Sui 提供高性能执行层 @MMTFinance 负责流动性基础设施 @WalrusProtocol 补齐存储层 从估值角度, $WAL 出现了严重的估值倒挂。 3 月份 Walrus 私募轮以 $0.4 价格出售了总量 7% 的代币,募资 1.4 亿美元,由 Standard Crypto 领投,a16z crypto、Franklin Templeton Digital Assets 等机构参与。 WAL 当前价格 $0.24,远低于私募轮的 $0.4 。 这种倒挂通常出现在两种情况:项目基本面出现问题,或者市场尚未认识到真实价值。 考虑到几个关键信号: ▌灰度推出 WAL 信托,机构级认可 ▌Sui 生态 TVL 突破 25 亿美元,持续升温 ▌Walrus 在去中心化存储赛道的技术优势明显 我倾向于后者。 更深层的逻辑恐怕是,市场还在用“单链项目”的估值逻辑定价 Walrus,但它实际上在构建的是“多链数据基础设施”。 路线图显示,Q1 2026 将支持 Solana 和 Avalanche。一旦跨链部署完成,Walrus 就不再只是 “Sui 生态项目”。
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