Latest DePIN Funding News

The $LITKEY token has been introduced as the native token of Lit Protocol, serving multiple purposes including work, payment, and governance. It is designed to secure and facilitate services on the Lit Protocol network, which is a decentralized key management system aimed at enhancing web3 development. The upcoming launch of Lit's v1 mainnet, named Naga, will see $LITKEY play a crucial role in network operations, including staking for security and compensating node operators for their contributions. The network currently secures over $150 million in crypto assets and handles millions of operations monthly, showcasing its robust infrastructure for web3 applications. $LITKEY functions as a work token by incentivizing node operators to maintain network security through staking. This mechanism ensures that operators are financially committed to the network's reliability and performance. Additionally, $LITKEY acts as a payment token, allowing users to pay for various network services, including signing and encryption operations. This dual functionality not only promotes efficient resource allocation but also ensures fair compensation for node operators, thereby enhancing the overall ecosystem. Governance is another critical aspect of $LITKEY, empowering token holders to influence the protocol's future through a decentralized governance system. Token holders can participate in selecting network operators and shaping the ecosystem's growth through partnerships and integrations. The upcoming Naga mainnet will introduce several enhancements, including a new signing algorithm and a simplified payment model, further solidifying the Lit Protocol's position in the blockchain landscape. With a focus on community growth and ecosystem development, $LITKEY is set to play a pivotal role in the evolution of the Lit Protocol.

IoTeX, a prominent player in the Decentralized Physical Infrastructure Network (DePIN) sector, has recently announced that Xangle, a leading blockchain infrastructure company from Korea, will join its network as a validator. This partnership is expected to enhance IoTeX's community-driven ecosystem and improve its technical stability. Xangle, known for its ecosystem-oriented community hubs and Web3 analytical reports, has been a significant contributor to the Web3 space since launching Xangle Portal in 2018, and has also validated for other major blockchain projects like Aptos and Babylon. In 2024, IoTeX has emerged as a leader in the DePIN sector, processing over 150 million transactions and 340 million blocks, with an impressive annual growth rate exceeding 25%. Currently, more than 360 million IOTX tokens are staked, representing about 40% of the total supply, which significantly bolsters the network's security and governance. This growth underscores IoTeX's commitment to providing robust infrastructure solutions within the DePIN landscape, solidifying its position as a key player in the industry. Lihan Lee, Co-CEO of Xangle, emphasized that their role as an IoTeX validator is a pivotal step towards making innovative Web3 infrastructures more accessible and promoting their mainstream adoption. Jing Sun, co-founder of IoTeX, echoed this sentiment, highlighting that Xangle's expertise will enhance the network's credibility and stability. Together, they aim to drive the sustainable growth of the DePIN ecosystem, ensuring that IoTeX remains at the forefront of blockchain infrastructure development.

The global cryptocurrency market is currently valued at $2.69 trillion, reflecting a modest increase of 1.20% over the past day. However, trading volume has seen a significant decline of 23.50%, dropping to $119.79 billion, indicating a slowdown in short-term trading activity. Despite this downturn, many investors are seizing the opportunity to buy the dip, fueled by optimism surrounding recent market developments and evolving policies. Notably, cryptocurrencies like Gala (GALA), Immutable (IMX), and Kaia (KAIA) are emerging as strong investment candidates, showcasing resilience and potential for growth in this fluctuating market. Theta Network has recently made headlines with its partnership with Nubila, a decentralized physical infrastructure network focused on gathering real-world weather data. This collaboration will leverage Theta's EdgeCloud GPU resources for training AI models, marking a significant expansion beyond its original video streaming focus. Currently, Theta's token (THETA) is trading at $0.87, with a market cap of $759.25 million. Analysts are optimistic, predicting a potential price increase of 22.48% by April, as the platform continues to evolve its offerings in the Web3 space. In addition to Theta, the Meme Index (MEMEX) has gained traction by offering a diversified investment approach to meme coins, raising over $3.9 million in its presale. Meanwhile, Kaia DLT Foundation is making strides in the blockchain ecosystem with its Mini Dapps, attracting over 35 million users in just a month. As these projects develop, they highlight the dynamic nature of the crypto market, where innovative solutions and strategic partnerships are paving the way for future growth and investment opportunities.

Coinbase, one of the largest cryptocurrency exchanges globally, has unveiled its latest token listing roadmap aimed at enhancing transparency and reducing ambiguity for its users. The roadmap highlights two significant tokens, Aethir ($ATH) and Syrup ($SYRUP), which are expected to be added to the platform shortly. This initiative is part of a broader strategy by Coinbase to keep traders informed and streamline the listing process, allowing them to make more informed decisions based on upcoming listings. Given Coinbase's influential role in the crypto market, the addition of these tokens could significantly impact their visibility and trading dynamics. Aethir ($ATH) is a decentralized cloud computing platform that leverages blockchain technology to provide a more secure and cost-effective alternative to traditional cloud services. Unlike conventional providers, Aethir allows users to rent computational resources in a decentralized manner, enhancing security by distributing computing power across a broader network. This innovative approach addresses the issues of security, cost, and transparency prevalent in the current cloud computing model. Aethir's inclusion in Coinbase's roadmap underscores the growing trend of integrating blockchain solutions into various industries, particularly in cloud computing. On the other hand, Syrup ($SYRUP) serves as a governance token within the Maple ecosystem, a decentralized finance (DeFi) platform that connects institutional investors with digital asset lending opportunities. Syrup holders play a crucial role in decision-making processes that shape the platform's future, making it an integral part of Maple's community-driven approach. The addition of both Aethir and Syrup to Coinbase's listing roadmap not only signifies their potential growth but also reflects a shift towards greater transparency in token listings, fostering user trust and confidence in the cryptocurrency ecosystem.

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.

DIMO has announced a partnership with DLP Labs aimed at empowering vehicle owners to monetize their car data through secure, user-owned AI technology. This collaboration allows users to participate in data-sharing programs, enabling them to earn rewards as developers create innovative applications and services. With just a few clicks, DIMO users can qualify for the upcoming Token Generation Event (TGE) for $DLP tokens, ensuring they maintain full control over their vehicle data while benefiting from its value. The initiative introduces several incentives for early adopters, including participation points that can be converted into $DLP tokens during the TGE. Users can opt in and out of data sharing at their discretion, allowing them to manage how their vehicle data is utilized. This data will contribute to the development of privacy-preserving AI applications across various sectors, including mobility and energy. The process to get started is straightforward: users need to create a DIMO account, log in to DLP Labs, and connect their wallets to begin earning points that will enhance their token allocation during the TGE. DLP Labs emphasizes the importance of granting permissions for full vehicle data access, which is essential for developers to create applications that improve mobility and energy efficiency. Users can opt out of data sharing at any time, ensuring their control over personal data. This partnership is set to evolve, promising new earning opportunities and expanded use cases for DIMO users. As the value of vehicle data continues to grow, DIMO users are encouraged to take advantage of this innovative approach to monetize their data effectively.

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.

The telecommunications industry is undergoing a significant transformation as traditional operators grapple with financial pressures and outdated business models. Roam (ROAM) is emerging as a disruptive force in this sector by offering a decentralized global WiFi network that connects users to over 3 million access points worldwide. By leveraging blockchain technology, Roam provides a secure, password-free connectivity solution while rewarding users and hosts for their participation. Since its inception, Roam has grown to 1.8 million users, showcasing the market's enthusiasm for its innovative approach to connectivity and economic opportunities. Founded in late 2021 as MetaBlox, Roam quickly evolved into an industry leader, launching its first WiFi-Miner in 2022 and becoming the only official web3 partner of the Wireless Broadband Alliance. The Roam app, released in late 2022, enables users to connect to over 1 million free decentralized WiFi hotspots through OpenRoaming. Despite the challenges posed by the bear market in 2023, Roam has continued to innovate, implementing decentralized identifiers (DIDs) and verifiable credentials (VCs) for enhanced security. The rebranding to Roam and migration to the Solana mainnet in 2024 marked a significant milestone, as the network expanded to over 100,000 nodes and 50,000 app users, further solidifying its position in the market. Roam's vision is to establish a decentralized global WiFi network that transforms connectivity delivery and monetization. Key objectives include creating seamless access to web3 and the metaverse, enhancing data security, and fostering global community participation. The platform incentivizes contributions through Roam Points, which can be converted to tokens after the token generation event. With a comprehensive suite of products, including high-performance routers and a user-friendly app, Roam is positioned to redefine how users access and benefit from internet connectivity, ultimately challenging traditional telecom models and paving the way for a more decentralized future.