Cointime

Cointime

Download App
iOS & Android

DePIN Industry Weekly: Market Recovery and Hot Project Analysis

This week, the DePIN market has seen a significant recovery, with the total market capitalization growing from $26,481,257,591 to $31,713,404,098 and trading volume also surging to $13,614,049,148, showing strong investment momentum. Several projects have further solidified DePIN's important position in the Web3 field with innovative technologies and cooperation expansion.

Key Project Dynamics

  1. Akash Network Collaborates with LayerZero: A Breakthrough in Decentralized Cloud Computing Across Chains

Akash Network announced a collaboration with the cross-chain protocol LayerZero to enhance its GPU cloud infrastructure's cross-chain capabilities. By integrating ZKSync and Stargate liquidity protocols, Akash has optimized the resource management of decentralized GPUs. This breakthrough adapts to high-performance AI computing and supports complex gaming applications. Akash's market performance has also risen, with the price increasing by 50%, demonstrating investors' confidence in the future of decentralized cloud services.

  1. IoTeX and GEODNET: Redefining IoT Device Verification

IoTeX launched the on-chain identity solution ioID and partnered with GEODNET to introduce lane-level precision GEO-PULSE navigation devices into the DePIN network. By combining zero-knowledge proofs and the IoTeX blockchain, this collaboration significantly enhances device verifiability and data integrity. This partnership is expected to promote the expansion of decentralized infrastructure applications and further attract developers and enterprises to join.

  1. Yuma Accelerator Promotes Decentralized AI Network Innovation

Yuma, supported by Digital Currency Group (DCG), announced that it will focus on providing resources and technical support for the decentralized AI network Bittensor. By incentivizing contributions of data and computing power, Bittensor has become an important platform for AI applications, and its $TAO token incentive mechanism further consolidates the stability and attractiveness of the ecosystem. Yuma's joining marks a significant step for decentralized AI in industrialization and application implementation.

DePIN Token Market Performance

The most outstanding DePIN tokens this week include:

  • Constellation (DAG): Increase of 87.15%
  • Brave (BAT): Increase of 64.20%
  • Roko (ROKO): Increase of 60.66%
  • Orchid (OXT): Increase of 60.63%
  • Verasity (VRA): Increase of 56.83%
  • AirTor (ATOR): Increase of 37.37%

Other tokens worth noting include Holo (HOT), World Mobile (WMT), Sentinel (DVPN), Polygon (MATIC), and Theta (THETA), all of which have shown significant growth potential, indicating the increasing attractiveness of decentralized storage, communication, and video streaming services in the market.

Latest DePIN Field News

  1. Filecoin Plans to Release a New Storage Protocol

Filecoin announced the launch of a new storage protocol to further optimize decentralized storage performance and support more efficient operation of Web3 applications. With the continuous increase in the number of network participants, Filecoin is committed to finding a balance between storage cost, speed, and reliability.

  1. Lit Protocol Updates Developer Toolkit

Lit Protocol released SDK v7, optimizing encryption functions and providing more flexible interfaces. This update will help developers quickly deploy secure Web3 applications, further promoting the adoption of decentralized data processing and storage solutions.

  1. Bless Platform Airdrop Plan

The emerging platform Bless launched an incentive airdrop plan, offering a simple way for users to participate and earn token rewards by sharing bandwidth. This model has attracted a large number of community members to participate, demonstrating how DePIN platforms can grow rapidly through user-friendly strategies.

  1. VentureMind AI and Theta EdgeCloud Collaboration

VentureMind AI announced its integration with Theta EdgeCloud, leveraging the low-latency characteristics of decentralized GPUs to optimize AI and robotics capabilities. This collaboration marks the further expansion of decentralized AI computing in industrial and service fields.

  1. U2U and CoinList Collaborate on Mainnet Incentive Program

U2U Network became the first DePIN project to launch an incentive mainnet event through CoinList. The event focuses on decentralized infrastructure services in computing and energy fields, aiming to attract global users and developers to participate.

Summary

This week's DePIN dynamics highlight the dual driving effect of technology and capital. From the enhancement of cross-chain capabilities to the innovation of decentralized identity verification, and the rapid development of AI networks, the DePIN field is growing at an exponential rate, attracting more and more users, developers, and investors.

In the future, as more projects are implemented and technologies mature, DePIN will further consolidate its position in the global blockchain ecosystem, providing decentralized, scalable solutions for various industries. Investors need to closely monitor market dynamics to seize the opportunities of the new round of technological revolutions.

Comments

All Comments

Recommended for you

  • Citi report: predicts that corporate finance will undergo major changes in the next 3 to 5 years, and DLT and AI will play a role

    Citi GPS has released a report titled "Financials 2030" exploring the future development direction of corporate finance functions. A survey found that 93% of surveyed financial executives believe that there will be significant changes in corporate finance functions in the next three to five years, but more than half of them are unsure of what these changes will be.

  • Fiamma Completes $4 Million Seed Round Financing

    Fiamma, a project based on BitVM2's on-chain ZKP verification infrastructure and Babylon's ecological infrastructure, announced the completion of a $4 million seed round of financing. Lightspeed Faction and L2 Iterative Ventures led the investment, with participation from Astera Ventures, Contribution Capital, Sats Ventures, Chapter One and FoundersHead, as well as BOB (Build on Bitcoin), Satlayer and Daedalus founders. The new funds will be used to accelerate product development and promote the adoption of its underlying technology.

  • Australia’s financial regulator proposes new crypto rules, emphasizing risks and mitigation measures

     Australian Securities and Investments Commission (ASIC) has released a consultation paper suggesting updates to its regulatory guidelines for digital assets, with a focus on compliance requirements under the Corporations Act. The revisions to Information Sheet 225 (INFO 225) include 13 worked examples aimed at clarifying when digital assets qualify as financial products, such as stablecoins, packaged tokens, and staking services. In these examples, ASIC outlines scenarios involving exchange tokens, interest-bearing stablecoins, and tokenized assets such as concert tickets. The draft guidance proposes that classification depends on "inherent rights, interests, expectations, and product features that are offered together with the token." ASIC encourages cryptocurrency companies to apply for an Australian Financial Services License, providing them with a safe harbor from legal action.

  • BlackRock executive: More and more investors from different wealth classes are looking at Bitcoin as a hedging tool

    Bitcoin has been rising all the way, breaking through the $100,000 mark. A large part of the demand driving the rise in Bitcoin prices has recently flowed into Bitcoin ETFs. Jay Jacobs, head of thematic and active ETFs in the United States at BlackRock, said that since its launch in January of this year, the value of the IBIT ETF has grown to over $45 billion, and its value has increased by $4.1 billion in just the past month. Jacobs said that in addition to candidates who are more friendly to cryptocurrencies winning in elections, an increasing number of investors from different wealth levels are beginning to see Bitcoin as a tool to hedge against geopolitical risks and currency depreciation caused by inflation. As ETFs become an easy way for investors to understand Bitcoin price trends, mainstream interest in cryptocurrencies reaching a critical point is only a matter of time. (Jinse)

  • BTC breaks through $101,500

    the market shows that BTC has broken through $101,500 and is currently trading at $101,510.91, with a 24-hour increase of 6.15%. The market is volatile, so please be prepared for risk control.

  • Trump announces series of appointments for key government positions

    President-elect Donald Trump has made a series of appointments, including Peter Navarro as senior counselor for trade and manufacturing, Paul Atkins as commissioner of the Securities and Exchange Commission, and former Rep. Billy Long as the Internal Revenue Service's commissioner. Trump has chosen people for most Senate-confirmed Cabinet-level jobs, as well as key roles that don't require confirmation. However, he is reportedly considering replacing Defense Secretary nominee Pete Hegseth amid allegations of public drunkenness and sexual misconduct.

  • Source: CFTC chairman candidate has put the suspension of Biden-era enforcement actions on the agenda

    According to FOX Business reporter Eleanor Terrett, CFTC Commissioner Caroline D. Pham is one of the candidates for the new CFTC chairman. Under the leadership of the new leadership, the suspension of enforcement actions during the Biden era has been put on the agenda.

  • Matrixport: Solana’s funding rate is currently as high as 70% annualized, and a price correction may occur

    According to a report, Matrixport has released a chart today stating that Grayscale has submitted an application to convert Solana Trust into a spot ETF. Although the current asset management scale of the product is relatively small at $134 million, if approved, it will set an important market precedent for other ETF issuers. It is important to note that Solana's financing rate is currently as high as 70% annualized, which creates significant pressure on leveraged long positions. Historical experience shows that similar high financing rates are often related to price corrections, as was the case in March of this year when the SOL-USDT price fell under similar financing rate backgrounds.

  • Japanese Prime Minister Shigeru Ishiba is cautious about separate taxation of cryptocurrencies and approval of ETFs

     Japanese Prime Minister Shizuo Shima expressed caution about the unified 20% separate taxation rule for cryptocurrency in a representative issue at a plenary session of the House of Representatives. "Is it appropriate to encourage investment in cryptocurrency such as stocks and investment trusts that have investor protection regulations? Will the public understand the idea of applying separate self-assessment taxation? There are several issues that need to be resolved. We need to consider it carefully." At the same time, "whether cryptocurrency should be included in ETFs depends on whether cryptocurrency is an asset that needs to be made more easily accessible to the public."

  • AI computing economy layer GAIB completes $5 million seed round of financing, led by Hack VC, Faction VC and Hashed

    GAIB, an AI computing economic layer, announced the completion of a $5 million seed round of financing, with Hack VC, Faction VC, and Hashed leading the investment. Other participating investors include Spartan, Animoca Brands, MH Ventures, Aethir, Near Foundation, Chris Yin from Plume Network, and Lucas Kozinski from Renzo Protocol.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company