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DEPIN (Decentralized Physical Infrastructure Networks) is a real-world application of blockchain technology because it leverages the decentralized nature of blockchain to coordinate the deployment and operation of physical infrastructure. Saves the projects building their own.

This includes networks for wireless connectivity, geospatial data, and storage, among others.

The Solana blockchain is particularly suited for DEPIN applications due to its high scalability, speed, and lower costs. This enables the efficient management of large-scale networks and the seamless integration of various services.

Like DeFi, I am also bullish on the DePIN sector.

Total Market Cap of @solana DePIN projects have surpassed $4 billion.

Top Server Projects:

- @rendernetwork

- @GenesysGo (Shadow)

Top Wireless Project:

- @helium

Top AI and Compute:

- @ionet

- @nosana_ai

Top Sensor Project:

- @Hivemapper

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Comments

mtclvr

SOL at $128 - you guys see it breaking support very soon as well? 100 to 110 this week? I may buy some SOL ALTs when this happens but fairly confident SOL will go lower than 100 so will buy more then (if it happens)

bill dungsfern

Dear James, I would appreciate if you could bring up hivemapper, I don’t get the project? What can it do open street map can not? What does it need a token for? If someone here can help a brother out to better understand, would be great!

J - man

62,200 this doesn’t look good

Solana Samurai

Theta never gets a mention they were the first depin play with their edge compute too

MarkusMaximus

Depin will be big but atm none of the projects that I’m aware of are bringing in revenue. We’re very early. The future Nvidia is not here yet.

Liam H

Buying up shadow!!

HoneyBadger

It boggles the mind that SOL can do so many things and yet the $$$ goes backwards!!!! The SOL ETF is not going to be good, bLACK rOCK and the big money will ruin it just like they do everything they touch.

SuperRock

James, what's your NFA opinion on IO.net?