Latest DePIN Funding News

Grayscale, the world’s largest crypto asset management company, has unveiled its updated list of the Top 20 potential crypto projects for Q2 2025. This latest list introduces three promising newcomers: Maple (SYRUP), Geodnet (GEOD), and Story Protocol (IP), while removing Akash, Arweave, and Jupiter. As the crypto market continues to experience volatility, Grayscale is strategically positioning itself to capitalize on emerging trends that could redefine the industry landscape. According to Grayscale's Market Insights report, the first quarter of 2025 witnessed a decline in the cryptocurrency market, mirroring the downturn seen in tech stocks and other high-risk assets. Although Bitcoin's network activity remained stable, interest in meme coins, particularly within the Solana ecosystem, has diminished. Nevertheless, Web3 applications across DeFi, AI, and infrastructure sectors have collectively generated over $2 billion in revenue. Notably, Sui (SUI) has emerged as a leading smart contract platform, boasting rapid transactions and low fees without the need for additional scaling layers, currently holding just 3% of Grayscale’s Smart Contract Platforms index. For Q2 2025, Grayscale is concentrating on three pivotal areas: Decentralized Physical Infrastructure (DePIN), Real World Assets (RWA), and Intellectual Property Tokenization (IP). The addition of Maple, Geodnet, and Story Protocol to the Top 20 list reflects this focus. Maple is a lending platform for institutional clients with a total value locked (TVL) exceeding $600 million, while Geodnet provides real-time positioning data across 130+ countries, generating over $3 million in monthly revenue. Story Protocol aims to tokenize the $70 trillion intellectual property market, attracting high-profile artists like Justin Bieber and BTS. However, Grayscale cautions that these assets are highly volatile and risky, particularly highlighting GEOD's lack of major exchange listings as a significant concern.

The Decentralized Physical Infrastructure Network (DePIN) sector is rapidly evolving, showcasing significant potential across various technological domains. According to a recent report by Messari, DePIN is currently in its nascent growth phase, holding less than 0.1% of the market share but boasting a market cap of $50 billion, supported by over 13 million devices contributing daily. By eliminating centralized intermediaries, DePIN facilitates a more efficient and inclusive sharing of physical assets, which is crucial for the development and operation of critical infrastructures in computing, AI, wireless technology, and energy services. Since its inception, DePIN has garnered attention from major tech companies, particularly in 2023, as global manufacturers began integrating blockchain into real-world infrastructures. The sector can be categorized into Physical Resource Networks, which focus on devices, and Digital Resource Networks, which emphasize computing resources like CDNs and AI. This duality allows individual device owners to share data and earn rewards while providing accessible computing resources. DePIN's applications extend to telecommunications, data management, and cloud storage, offering scalable alternatives to traditional centralized systems and enhancing AI functionalities. At the forefront of this innovation is Phoenix, a decentralized AI compute network that leverages DePIN infrastructure to deliver scalable solutions for AI applications. Phoenix's SkyNet platform utilizes a globally distributed network of high-performance GPUs, including both NVIDIA and alternative models, to optimize AI operations. Their collaborations with firms like TandemAI and Origin Quantum aim to democratize access to advanced computing resources, enabling research organizations to conduct complex analyses at minimal costs. As the DePIN-AI sector is projected to reach a market size of $3.5 trillion by 2028, Phoenix is poised to lead this transformative wave by merging decentralized infrastructure with cutting-edge AI technologies.

In the past week, the cryptocurrency market has witnessed remarkable price surges among several tokens, with the top five gainers being VIRTUAL, MOODENG, OLAS, GOAT, and NOS. VIRTUAL led the pack with an impressive increase of 181%, rising from $0.15 to nearly $0.50. This surge is attributed to the involvement of Arete Capital, which is advising Virtuals Protocol on integrating AI agents into the economy. Additionally, the introduction of Luna, the first autonomous agent to employ humans on-chain, has further fueled interest in the token. Following closely is MOODENG, which recorded a 165% price increase after the launch of the MOODENGUSDT Perpetual Contract on Binance Futures. The token's price surged from a stable range of $0.07 to $0.08, ultimately peaking at over $0.26. With a market cap exceeding $225 million, MOODENG has gained traction as a memecoin inspired by a viral baby hippo meme. Autonolas (OLAS) also saw significant gains of 92%, driven by the approval of its protocol deployment on ModeNetwork, which aims to scale DeFi through AI agents. Other notable gainers include GOAT and NOS, which surged by 70% and 69%, respectively. GOAT's price rally was supported by the launch of futures trading on Binance, while NOS benefited from the launch of Fortress Deepyne, a project led by Nosana AI that aims to democratize access to GPU hardware for AI inference. Overall, these developments reflect a vibrant and rapidly evolving landscape in the cryptocurrency market, with innovative projects driving significant investor interest.

In the ever-changing landscape of the cryptocurrency market, Cardano and Filecoin are demonstrating remarkable resilience and innovation. Cardano has experienced a significant price increase this year, reflecting strong market momentum, even as it recently dipped to $1.064. Analysts remain optimistic, predicting that the price could soar to $6 due to ongoing developments and heightened adoption. Meanwhile, Filecoin is making strides in the decentralized storage sector with its latest upgrades, including the "Waffle" upgrade, which enhances performance and compatibility with Ethereum. These advancements not only bolster Filecoin's interoperability but also broaden its appeal within the Web3 ecosystem, attracting developers and businesses alike. Amidst these developments, Web3Bay (3BAY) has made headlines by successfully raising $830,000 in its latest presale, solidifying its position as a top investment choice during the current bull run. The platform aims to revolutionize the $5 trillion e-commerce industry by leveraging blockchain technology to improve transaction efficiency and user privacy. Central to Web3Bay's strategy is the 3BAY token, which offers a 5% discount on purchases and governance rights. The presale has already sold 220 million coins at a starting price of $0.004562625, with expectations of substantial price increases as new features like NFT integration and cross-chain capabilities are introduced. As Web3Bay continues to evolve, it is set to launch innovative features that will further transform the e-commerce landscape. The project's commitment to transparency and user empowerment through blockchain technology is attracting a diverse range of supporters, reinforcing its status as a leader in the digital commerce revolution. With Cardano's inclusion in Robinhood enhancing its accessibility and Filecoin's strategic upgrades solidifying its market position, the future looks promising for these projects. Web3Bay, in particular, stands out as a compelling opportunity for investors seeking to engage with a robust, growth-oriented crypto initiative in the decentralized commerce space.

In the past 150 years, telecommunications has played a crucial role in connecting humanity. However, its function has become increasingly limited to mere communication, while financial systems have developed independently. Karrier One aims to change this narrative by introducing decentralized telecom innovations that integrate connectivity with financial services. Their vision transforms every connected device into more than just a communication tool; it becomes a bank, a digital identity hub, and a gateway to new opportunities. This initiative is not merely about enhancing telecom or financial services but about creating a cohesive system that empowers individuals and communities through connectivity and financial inclusion. A significant challenge remains in the fact that 1.7 billion adults globally are unbanked, despite billions using mobile devices daily. Karrier One sees telecom as the missing link to bridge this gap. By utilizing its decentralized platform, every device connected to its network can act as a financial node, facilitating secure transactions and providing access to essential financial tools like microfinance. This innovation is particularly transformative in regions with limited banking infrastructure, allowing individuals to bypass systemic barriers and access opportunities that were previously unattainable, effectively turning a simple phone into a bank. Central to Karrier One's approach is the Decentralized Physical Infrastructure Networks (DePIN) model, which empowers communities to create and manage their own telecom networks. This model not only reduces costs but also expands access to underserved areas, fostering resilience and local ownership. The Middle East and North Africa (MENA) region stands to gain significantly from this decentralized telecom innovation, as it addresses connectivity gaps and financial exclusion. By integrating financial services into connectivity solutions, Karrier One is not just offering technology; it is providing a lifeline for full participation in the modern economy. As telecom and finance converge, Karrier One invites investors and telecom operators to join this revolutionary movement, emphasizing the importance of integration and empowerment in shaping the future of connectivity and finance.

On March 24, Ether (ETH) managed to reclaim the $2,000 support level, although it remains 18% below the $2,500 mark seen three weeks prior. Recent data indicates that Ether has underperformed the altcoin market by 14% over the last month, prompting traders to speculate on its ability to regain bullish momentum. The Ethereum ecosystem has faced criticism for lagging behind competitors in user experience and scalability, which has negatively impacted network fees and transaction efficiency. The upcoming Pectra network upgrade, scheduled for late April or early June, aims to address many of these challenges by doubling the data capacity of each block and introducing smart accounts that enhance transaction functionalities. The Pectra upgrade is expected to bring significant improvements, including reduced fees for rollups and privacy mechanisms, as well as increased flexibility for staking deposits and withdrawals. Arthur Hayes, co-founder of BitMEX, recently set a price target of $5,000 for ETH, asserting that it should outperform Solana (SOL). However, the sentiment among ETH options traders appears less optimistic, as indicated by the low cost of call options with high strike prices. Despite this, Ethereum continues to lead in smart contract deposits and is the only altcoin with a spot exchange-traded fund (ETF) in the US, currently managing $8.9 billion in assets. Ethereum's total value locked (TVL) stands at $52.5 billion, significantly higher than Solana's $7 billion, with a 10% increase in deposits over the past month. The Ether supply on exchanges has also decreased, suggesting a long-term commitment from investors. Additionally, the Ethereum network is gaining traction in the Real World Asset (RWA) sector, further solidifying its dominance in decentralized finance (DeFi). Although Ether's price dipped below $1,900 earlier this month, the recent trends indicate a potential rally towards the $2,500 mark as traders continue to withdraw from exchanges, reflecting a more bullish outlook for the asset.

Decentralized Physical Infrastructure (DePIN) is rapidly emerging as a significant trend in the cryptocurrency landscape, particularly as we look towards 2025. By merging blockchain technology with tangible infrastructure, DePIN projects are providing distinct advantages for both consumers and producers, thus attracting the attention of innovators and investors. This article highlights the top 10 DePIN coins to monitor in 2025, which are distinguished by their robust market capitalizations and promising price trajectories, making them key players in this evolving sector. Among the top contenders is Helium (HNT), which has garnered considerable interest from traders and long-term holders. Recent technical analysis indicates that HNT has formed a bullish harami candlestick pattern on the 200 Exponential Moving Average (EMA), suggesting a potential price surge of 30% towards $8.5. Similarly, Filecoin (FIL) is showing signs of recovery after a significant decline, with analysts predicting a possible rally of 65% if it maintains support above $4.90. Theta Network (THETA) and Internet Computer (ICP) are also positioned for potential upside, with THETA needing to break above $2.45 for a 36% increase, while ICP could see a 55% rise if it stays above $9.5. Other notable mentions include IOTA, which has recently experienced a price correction but may rebound if it holds above $0.28, and Render (RENDER), which is poised for a breakout above $7.22. Additionally, Arweave (AR), Akash Network (AKT), AIOZ Network (AIOZ), and Hivemapper (HONEY) are all showing signs of potential growth, with analysts optimistic about their future price movements. As we approach 2025, these DePIN coins present substantial growth opportunities, particularly if favorable market conditions prevail, potentially delivering notable returns for investors.

In the past week, Solana has experienced a significant rebound, with its price surging 12% to reach $140. This uptick in value comes amid renewed market optimism, spurred by the Trump administration's softened stance on tariff negotiations and the U.S. Federal Reserve's decision to maintain interest rates. The total value locked (TVL) in Solana's ecosystem has also risen to an impressive $72 billion, reflecting growing confidence among investors. Notably, Solana's stablecoin supply has hit record levels, surpassing $12.8 billion, indicating robust liquidity and adoption within the network. In ecosystem developments, Pump.fun has launched its decentralized exchange (DEX), PumpSwap, which aims to streamline trading for Solana meme coins. This move has prompted Raydium to introduce LaunchLab, a platform designed to compete with Pump.fun and retain its market share. Additionally, Volatility Shares has debuted two funds tracking Solana futures, SOLZ and SOLT, providing investors with new avenues for exposure to the layer-1 network. As institutional interest grows, Fidelity has registered the "Fidelity Solana Fund," potentially paving the way for a Solana ETF, which could further enhance market dynamics. Despite the positive trends, Solana's decentralized exchange volume has seen a decline, dropping 20% to $8.06 billion. However, the overall market sentiment remains bullish, with Solana outperforming its rivals, including Ethereum and Bitcoin. The ecosystem's market cap has increased by 10%, and daily active addresses have risen to over 3.8 million. As Solana continues to innovate and attract attention, the coming weeks will be crucial in determining its trajectory in the competitive blockchain landscape.

In the fourth quarter, Helium's native token, HNT, experienced a significant decline, with its circulating market capitalization dropping from $1.3 billion to $1.0 billion, marking a 20% quarter-over-quarter decrease. The token's price also fell by 22%, decreasing from $7.54 to $5.88. Despite this downturn in the market, the Helium network continued to expand, particularly in the area of hotspot adoption. According to a report from Messari, Helium Mobile's number of hotspots grew by 14% QoQ, reaching 24,800 from 21,800. The service's unlimited plans remain competitively priced compared to traditional telecom providers in the US, and the introduction of the Discovery Mapping feature has incentivized users to share location data, although rewards have recently shifted from HNT to Cloud Points. During the recent Hurricane Helene in North Carolina, Helium Mobile showcased its utility by maintaining operational hotspots that provided 5G coverage while many were left without electricity or water. The team also took proactive measures by distributing emergency kits, including Starlink devices, to assist affected communities. In addition to Helium Mobile, the IoT network also saw a 20% increase in hotspots during Q4, with a total of over 375,000 hotspots onboarded since migrating to Solana in early 2023. However, despite rapid infrastructure growth, demand has not yet caught up, as evidenced by low daily data credits (DC) usage. Helium has faced controversies in the past, including allegations that its founders hoarded a significant portion of early token rewards, with insiders reportedly mining millions of HNT tokens worth $250 million at their peak. Additionally, Helium faced criticism for overstating partnerships, such as with Lime, the rideshare company, which clarified that their relationship was limited to a 2019 test. Similar issues arose with Salesforce, which denied any partnership, leading Helium to remove their logos from promotional materials. These controversies have raised questions about the company's transparency and the sustainability of its growth strategies.

In February, the decentralized physical infrastructure network (DePIN) associated with Solana [SOL] experienced a notable rebound, driven by significant user growth in key projects such as Helium and Hivemapper. Helium Mobile reported a remarkable ninefold increase in users, reaching 145,000, marking its highest growth in a year. Hivemapper, a community-driven alternative to Google Maps, also saw its demand triple due to the introduction of new mapping devices. Collectively, these projects maintained steady revenues of approximately $350,000, indicating a stabilization in the DePIN sector for 2025. The resurgence of DePIN could potentially serve as a catalyst for SOL's value, especially following a significant decline in meme-coin activity that adversely affected Solana's decentralized exchange (DEX) volumes. In January, during the peak of DEX activity, SOL reached a record high of $295, largely fueled by the excitement surrounding the TRUMP memecoin. However, a subsequent 60% drop in DEX volumes led to a decline in SOL's value, which has since stabilized above the $120 support level. The question remains whether DePIN can fill the void left by meme coins and bolster SOL's value moving forward. Despite the resurgence of DePIN, the overall network activity within the Solana ecosystem remains heavily influenced by meme coins. Active addresses surged to 5.7 million during the TRUMP meme-coin craze in mid-January but saw a decline throughout February. Although there was a slight increase in active addresses to 4.4 million, this was followed by a drop to 2.7 million by the end of the month. By mid-March, the number of active addresses stabilized at 3.11 million, reflecting a 45% decrease from January's peak. As of now, SOL is valued at $130, maintaining its position above the critical 2024 support zone, leaving uncertainty about whether it can avoid further corrections.