DePIN Sector Cap Plummets 83% From March 2024 Peak
The thesis was simple hardware-plus-token incentives at scale; the chart says the bid never showed up. DePIN has slipped into the bottom tier of major crypto narratives by drawdown.
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The thesis was simple hardware-plus-token incentives at scale; the chart says the bid never showed up. DePIN has slipped into the bottom tier of major crypto narratives by drawdown.
Twelve weeks of selling left no place to hide, with L2 down nearly 25%, DePIN close behind, and even defensible Layer 1s erasing a quarter of value.
The bullish case rests on a spot SOL ETF approval plus continued dominance in DePIN, while a macro liquidity squeeze and recurring network congestion could trap SOL in a $45 to $60 floor.
South Korea's two largest exchanges, Upbit and Bithumb, will both list SPX6900 (SPX) today, a rare same-day dual…
The MoU hands Spacecoin an exclusive Vietnamese channel through DETI Technology and two of the country's largest mobile carriers — a credible on-ramp for satellite DePIN outside the usual…
The pitch to consumers — 80% of enterprise revenue routed back to whoever's laptop or phone the work runs on — sidesteps the institutional-server focus of Akash and Aethir and targets 5% of Asia's AI…
AI's +31.9% cap-weighted gain led a month of selective rotation, with DePIN, GameFi, and memes splitting the rest of the flow into pockets of strength and broad underperformance.
The quote lands as one of the loudest marquee-name declarations yet that the umbrella narrative has outlived its usefulness, even as StarkWare's Ben-Sasson frames a parallel identity crisis: OGs…
Nexus's mainnet debut lands alongside its $NEX token generation event, putting one of the most-watched DePIN projects on the market — and the rest of the watchlist is still early enough to farm.