Walrus's recent performance on this chain is actually worth paying attention to. The data from the past month is quite interesting—active users increased from 185,000 to 193,000, a growth of about 4.3%, but this steady increase reflects continuous ecosystem accumulation. More importantly, the average daily on-chain call volume has surpassed 22 million, indicating that the real application scenarios within the ecosystem are constantly expanding.

Why is this important? Every on-chain interaction deepens user engagement. The more users there are, the more applications they rely on, and the higher the migration costs and psychological barriers become. For investors, these seemingly insignificant data points are the best indicators of long-term value.

What’s next? If the current pace continues, over the next 3 to 6 months, with more NFT games and DeFi projects joining, the on-chain data volume of the ecosystem could grow by another 20 to 30%, and activity levels will also rise. In the short term, explosive growth may not be visible, but this steady accumulation has significant long-term potential—those looking to make quick money might miss out, but those with a long-term perspective will see the opportunities here.