Cryptocurrency Market Recovery: Analyzing DePIN Tokens for November

The US Senate Banking Committee is preparing to vote on the Republican-led stablecoin framework bill known as the GENIUS Act on March 13. This bill has undergone significant revisions following bipartisan discussions, with input from both Democratic and Republican senators. Co-sponsor Senator Bill Hagerty announced the updated version on March 10, emphasizing its improvements in key areas such as consumer protections, authorized stablecoin issuers, risk mitigation, and transparency. The bill aims to regulate US dollar stablecoin issuers with market caps exceeding $10 billion, primarily targeting Tether (USDT) and Circle's USDC, under Federal Reserve oversight, while allowing smaller issuers to choose state-level regulation. The latest updates to the GENIUS Act have sparked discussions within the crypto community, particularly regarding the competitive landscape for stablecoins. Dom Kwok, co-founder of the Web3 learning app EasyA, noted that the bill provides US-issued stablecoins with a competitive advantage over foreign counterparts. The updated legislation imposes stringent standards on foreign stablecoin issuers concerning reserve and liquidity requirements, as well as compliance with anti-money laundering regulations. This could potentially disadvantage many foreign issuers, giving USDC and Ripple Labs' Ripple USD (RLUSD) an edge in the market. Despite these advancements, the GENIUS Act still faces hurdles before it can be enacted into law. Following the Senate Banking Committee's vote, the bill will proceed to a full Senate floor vote, where it will be subject to further debate. If it successfully passes through the Senate, it will then move to the House of Representatives. Should the House approve the bill without amendments, it will be sent to President Donald Trump for final approval or veto. The outcome of this legislative process could significantly shape the regulatory landscape for stablecoins in the United States.

The Render Network has made significant strides in decentralized AI and DePIN (decentralized physical infrastructure networks) at ETH Denver 2025. This event underscored the increasing relevance of decentralized AI in real-world applications, with Render Network leading discussions on the integration of blockchain, AI, and decentralized computing. A highlight was the co-hosted event "DeAI Day: Dawn of the Agents," where industry leaders such as MorpheusAI and VeniceAI convened to explore the synergy between DePIN and decentralized AI protocols, particularly focusing on the emergence of on-chain AI agents. Trevor Harries-Jones from Render emphasized the efficiency of distributed GPUs in managing AI workloads, thereby enhancing accessibility for decentralized AI development. During the mainstage discussions, Render Network's AI scout, Paul Roales, participated in a panel titled "Bitcoin for AI: The Poster Children Catalyzing Decentralized Intelligence." This panel highlighted the critical role of decentralized computing in the AI economy, particularly in powering on-chain agents and scaling consumer AI applications. Roales pointed out the growing capabilities of consumer GPUs, which are essential for democratizing access to AI technologies. The discussions also included Render Network's participation in IoTeX’s "DePIN ❤️ AI" event, where Phil Gara elaborated on the transformative impact of decentralized infrastructure on various sectors, including AI, gaming, and finance. The conversations at ETH Denver extended to envisioning the future of DeAI and AI agents. Tristan Relly from Render Foundation stressed the importance of decentralization in keeping AI models open and accessible, while Gara highlighted how DePINs could foster user-owned AI systems through token incentives. Looking ahead, Render Network is gearing up for RenderCon 2025, where they will further explore the intersections of 3D technology, AI, and GPU computing, featuring insights from industry leaders on the future of creativity and technology integration.

ETHDenver 2025 showcased a vibrant mix of energy and innovation, particularly highlighting the advancements in Decentralized Physical Infrastructure Networks (DePIN) and artificial intelligence (AI). The IoTeX team, including Giuseppe De Luca, Aaron Basi, and Larry Pang, shared their insights during an X Space debrief, emphasizing the event's dual nature as both a celebration and a reality check for the crypto industry. While some projects demonstrated tangible progress, others appeared to be struggling to maintain relevance in an evolving landscape. The discussions at the event underscored the importance of real-world applications and sustainable business models moving forward. A significant highlight from IoTeX's participation was the R3al World event, which focused on the intersection of DePIN and AI. Key announcements included the integration of GEODNET with ioID, which aims to enhance on-chain verifiable physical AI, and demonstrations of privacy-focused technologies like NovaNet's embedded zero-knowledge proofs on Raspberry Pi devices. The event also featured engaging fireside chats, including one between IoTeX's Larry Pang and industry experts, discussing the future of physical AI and the economic realities of DePIN. These conversations emphasized the necessity for decentralized networks to provide reliable, real-time data to support AI applications and the importance of creating viable economic models beyond mere token incentives. The overarching theme of ETHDenver was a shift towards real-world utility and revenue generation within the DePIN space. IoTeX's Aaron Basi noted that the focus is now on projects that solve actual problems and generate revenue, moving away from speculative ventures. This evolution is evidenced by the rise of hyper-specialized networks and AI-driven insights that cater to specific market needs. While ETHDenver had its standout moments, it also revealed the industry's growing pains, including regulatory uncertainties and a lack of groundbreaking innovations. As the crypto landscape matures, the emphasis is clearly on creating practical applications that deliver real value to users and businesses alike.

In the ever-evolving landscape of low-cap cryptocurrencies, several projects are gaining significant traction and attention. JetBolt (JBOLT) is making headlines with its innovative zero-gas technology, which is redefining crypto transactions and attracting a surge of interest during its presale phase. Over 340 million JBOLT tokens have already been sold, showcasing the enthusiasm from early adopters and crypto whales alike. This platform not only eliminates gas fees but also integrates AI tools to enhance user experience, making it a promising contender in the crypto market. EigenLayer (EIGEN) is another standout, revolutionizing Ethereum security through its restaking protocol that allows users to leverage their staked ETH across multiple protocols. With a total value locked (TVL) exceeding $20 billion, EigenLayer is rapidly gaining popularity and is now listed on major exchanges like Binance and Bitfinex. Similarly, Flux (FLUX) is reshaping decentralized cloud computing with its extensive network of over 13,000 nodes, while DappRadar (RADAR) is establishing itself as the go-to analytics platform for Web3, tracking thousands of decentralized applications. Other noteworthy projects include Qtum (QTUM), which merges Bitcoin's security with Ethereum's smart contracts, and Immutable X (IMX), which is transforming NFT trading with gas-free transactions. As these low-cap gems continue to innovate and expand their ecosystems, the crypto community is keenly watching which of these projects will emerge as the next breakout stars. With their unique offerings and growing user bases, JetBolt, EigenLayer, Flux, DappRadar, Qtum, and Immutable X are poised to make significant impacts in the cryptocurrency market in the coming years.

Helium's native token, HNT, has experienced a dramatic decline of 79% over the past three months, dropping from a local high of $10 to a recent low of $2.1. As of now, HNT is trading at $2.59, reflecting a 14.07% decrease in the last 24 hours. The token's performance has been consistently poor, with weekly and monthly declines of 24.17% and 24.45%, respectively. This downward trend raises questions about the underlying factors contributing to Helium's struggles in the market. One of the primary reasons for Helium's decline is the significant drop in on-chain activity, which has reached a yearly low. Daily active addresses have plummeted from 19.1k to just 4.9k, indicating a severe lack of demand and adoption for HNT. This reduction in active users suggests that either new investors are hesitant to engage with the network, or existing users are closing their accounts. Additionally, daily transactions have also decreased to a yearly low of 18k, further confirming the bearish sentiment in the market as traders adopt a risk-off approach during this downturn. The combination of declining demand and reduced market activity has resulted in a lower market cap for Helium, validating the ongoing struggles faced by the altcoin. With HNT recently hitting a yearly low, the outlook appears grim, as sellers dominate the market. If the current trend continues, HNT could potentially drop below $2 for the first time since November 2023. However, if buyers seize the opportunity to accumulate during this dip, there is a possibility for a rebound, allowing HNT to reclaim the $3.4 mark, signaling a potential bottom for the token.

GRASS is a pioneering cryptocurrency that rewards users for sharing their unused internet bandwidth, effectively transforming surplus network resources into real value. Operating within the framework of decentralized physical infrastructure networks (DePIN), GRASS facilitates a unique ecosystem where individuals can monetize their untapped bandwidth. This innovative approach not only enhances user privacy but also provides enterprises with the necessary resources for data-intensive tasks, such as AI training and market analysis. With endorsements from leading antivirus providers, GRASS ensures a secure environment for its growing user base of over 2.5 million individuals, offering stability and redundancy against localized disruptions. Despite its promising features, GRASS faces several challenges, including regulatory uncertainties and security risks that are prevalent in the cryptocurrency landscape. As governments worldwide grapple with the need for comprehensive regulations, GRASS must navigate potential legal hurdles related to network resource sharing and the taxation of digital currencies. Market experts caution potential investors about the volatility of cryptocurrencies, emphasizing the importance of strategic timing when engaging with GRASS and similar digital assets. The platform's commitment to user privacy and security, combined with its innovative monetization model, positions it as a significant player in the evolving landscape of digital resource utilization. In conclusion, GRASS represents a transformative shift in how individuals and organizations can leverage digital resources. By converting unused bandwidth into a source of income, GRASS not only empowers users but also fosters a sustainable sharing economy. As the demand for decentralized network solutions continues to rise, GRASS is poised for increased adoption, potentially doubling its user base by 2025. For those interested in exploring this new frontier, thorough research and a cautious approach are recommended to navigate the complexities of the cryptocurrency market effectively.