Latest DePIN News

Helium (HNT) and Akash Network (AKT) continue to surge despite the overall crypto market cooldown. Helium's HNT token has surpassed the $7.12 mark, driven by its role in decentralized IoT. With extensive network coverage and the ability to earn HNT tokens, Helium is likened to crypto mining with a purpose. The project has also ventured into providing 5g services, attracting attention with a $20 monthly cell plan. As HNT aims for the $8.00 target, there's potential for a return to 2024 highs around $11. Meanwhile, investors exploring crypto presales may encounter projects like Pepe Unchained (PEPU), a layer-2 meme coin offering fast, affordable transactions. Despite the opportunities, it's crucial to remember the high-risk nature of crypto investments.

DePIN: Revolutionizing Infrastructure with Tokenization and Decentralization. DePIN, or decentralized physical infrastructure network, transforms traditional infrastructure projects by incentivizing individuals through token rewards. Utilizing blockchain technology, DePINs promote decentralization, community governance, and peer-to-peer models. Smart contracts and crypto tokens automate operations, while IoT integration optimizes resource allocation. Use cases include decentralized Wi-Fi networks, peer-to-peer energy trading, and decentralized cloud storage solutions. The DePIN Association, comprising 10 leading blockchain organizations, drives innovation and sets industry standards for decentralized infrastructure.

Streamr, Ape and Pepe, LandRocker, and Shiba Shootout showcase the dynamic nature of the crypto sector, offering unique utility and functionality, making them a compelling investment opportunity. The growing popularity of these trending cryptos suggests a thriving ecosystem pushing the boundaries of innovation. Streamr, Ape, LandRocker, and Shiba Shootout each bring something unique to the table, attracting crypto enthusiasts looking for novel applications. Streamr, in particular, stands out in the decentralized data streaming space, providing versatile use cases from AI to live video streaming, powered by its $DATA token. The Streamr network's peer-to-peer architecture ensures fault tolerance and scalability, addressing the limitations of centralized data services.

RENDER, Arweave, and Filecoin prices are analyzed in the latest report. RENDER has surged by 40% in a week, defending the demand zone. AR struggles near $45, while Filecoin triggers a breakout from a falling wedge pattern. RENDER shows bullishness, AR may reclaim $50, and Filecoin eyes the 200-day EMA for a bullish momentum.

Blockmate Ventures Inc announces a strategic partnership between Hivello Holdings and Mysterium Network, aiming to enhance passive income opportunities for users on both platforms. Users can now share internet bandwidth as a Mystnode on the Mysterium Network, in addition to unused computing power. Key features include user participation, passive income streams, contributing to an open internet, and strengthening decentralized infrastructure. The partnership is expected to expand the reach of both platforms and drive adoption of decentralized technologies.

Pundi X to Host AMA on Revolutionizing Infrastructure with RWAs and DePIN, featuring IoTeX Speaker. Pundi X (PUNDIX) is a blockchain-powered solution enabling instant transactions in physical stores. The ecosystem includes XPOS, XPASS, and XWallet, offering seamless connections between digital wallets and the payment system. The platform supports ERC20 tokens from DeFi projects, enhancing utility. The PUNDIX token is central for transactions, fees, and rewards within the ecosystem.

Decentralized Physical Infrastructure Projects (DePIN) are booming in funding, with a 296% increase in seed investments, reaching a total market valuation of 20 billion dollars. IoTeX and peaq have raised significant amounts, reflecting growing investor interest. These projects aim to decentralize critical physical infrastructures, ushering in new economic models. While new players challenge established giants like Filecoin and Helium, profitability remains a challenge. Success lies in turning technological promises into widely adopted products.

Assured Data Protection expands into Latin America by launching operations and offering Rubrik technology, ensuring cyber resiliency for enterprises. CUDOS and Storj collaborate to provide distributed compute and storage solutions for AI and modeling. DDN achieves tier-one performance data platform certification for NVIDIA Partner Network Cloud Partners. LiquidStack introduces CDU-1MW, a universally compatible coolant distribution unit for direct-to-chip liquid cooling. Rubrik introduces data protection for Salesforce, emphasizing the importance of backing up SaaS applications. RocketStor 6541x Series NVMe RAID Enclosures offer high performance and flexibility for PCIe Gen4 platforms. Corporate IT teams express concerns over data protection practices in the enterprise.

DTX Exchange (DTX) Predicted to Soar by 90x in 2024, Outshining Ethereum and Solana. The presale star has already brought early buyers a 100% return, with experts forecasting a rise to $0.06 in Stage 3. DTX Exchange offers a hybrid trading model, fast transaction speeds, and a wide range of asset classes. The utility token provides benefits like better analytics tools and lower trading fees. With a smaller market cap and entry into the bonds market, DTX Exchange stands out as a promising investment opportunity.

TADA Mini: Revolutionary Ride-Hailing Service Utilizing Telegram Bots, MVL to Host Special Airdrop Event. TADA mini, the first real-world utility service for the Web3 world, allows users to book rides directly through Telegram. By linking TADA's drivers with Telegram's users, seamless real-time communication is enabled. The service, set to launch in early September in Singapore, will also provide transportation for Token 2049. MVL is hosting a referral event for Web3 users, offering 50 million MVL tokens as rewards. Following the Singapore launch, MVL plans to expand the service to other countries.