This paper reviews the development of the Receptance Weighted Key Value (RWKV) architecture, emphasizing its advancements in efficient language modeling. RWKV combines the training efficiency of Transformers with the inference efficiency of RNNs through a novel linear attention mechanism. We examine its core innovations, adaptations across various domains, and performance advantages over traditional models. The paper also discusses challenges and future directions for RWKV as a versatile architecture in deep learning.