Walrus Protocol Launches Mainnet with $140M Funding on March 27, 2025
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 27 2025- Mainnet Launch Milestone: Walrus Protocol successfully launched its mainnet on March 27, 2025, securing $140 million in funding, which positions it as a significant player in decentralized data storage and may profoundly impact the Sui ecosystem.
- Positive Market Reception: Following the mainnet launch, the native token $WAL received a warm welcome on trading platforms, with volume spikes indicating strong investor interest, potentially laying the groundwork for future price growth.
- Strategic Personnel Appointment: The Walrus Foundation appointed Rebecca Simmonds as Managing Executive, and while her specific industry background remains unclear, this move is seen as a crucial step in strengthening the team and could drive further project development.
- Technological Innovation Advantage: By offering verifiable data storage solutions, particularly for AI and media applications, Walrus Protocol fills a gap left by existing decentralized storage solutions, which is expected to enhance demand for governance and staking tokens, aligning with decentralization trends.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
