Solana

In a recent report, Messari, a prominent crypto data platform, has projected that the market capitalization of Decentralized Physical Infrastructure Networks (DePIN) could reach an astounding $3.5 trillion by 2028. This forecast comes on the heels of a significant event in Europe, the "2025 Iberian Peninsula blackout," which resulted in a €1.6 billion setback and highlighted the vulnerabilities of centralized systems. The incident has prompted a reevaluation of aging energy and communication infrastructures, emphasizing the urgent need for decentralized alternatives like DePIN. Messari's analysis indicates that the DePIN market is gaining momentum, with its value estimated to grow to $50 billion in 2024. The first quarter of this year showcased a surge in capital markets, technology adoption, and sector innovation, despite the sector still being in its early stages. With over 13 million devices contributing to the decentralized network and $350 million in seed funding, the demand for DePIN is expected to rise exponentially in the coming years. The anticipated market cap of $3.5 trillion would surpass the $1.8 trillion valuation of the telecom services market by 2024, according to Data Bridge. The report also underscores the roles of Solana and Base as pivotal players in the DePIN ecosystem. Messari noted that DePINs launched a year prior to its Q1 2025 report achieved an average fully diluted valuation of $760 million, marking significant growth. Solana is positioned to become a leading network infrastructure, while Base is expected to see increased demand for consumer-focused applications. Other notable projects within the Solana ecosystem include Render, Helium Mobile, Hivemapper, Xnet, and Nosana, all of which are set to play crucial roles in the evolution of DePIN.

DeCloud Labs has announced a significant shift in its focus from StackOS to StackAI, marking the end of support for the former and the beginning of a new chapter aimed at enhancing AI agents. After extensive discussions within the community, the company has decided to permanently close the migration process from StackOS to the new STKAI token on Solana. This decision comes in light of ongoing security concerns related to cross-chain bridges, particularly following the PolyNetwork hack, which prompted a reevaluation of their operational strategies. The migration period has provided StackOS token holders ample opportunity to convert their tokens, but the time has come to finalize this transition. The proposal outlines the closure of bridge-based migrations and the establishment of a fixed supply of STKAI tokens, which aims to eliminate confusion surrounding token mintability. As of May 30, 2025, any unconverted STACKAI tokens will be airdropped as STKAI on Solana for those who opened support tickets prior to this date. However, any unclaimed tokens will be considered burned, thereby permanently removing them from circulation. This final step is intended to secure the integrity of the token supply and enhance clarity for both new and existing investors regarding the tokenomics of STKAI. In conclusion, the DAO proposal emphasizes the importance of community engagement, allowing token holders to choose between remaining with StackOS or transitioning fully to StackAI. DeCloud Labs is committed to the development of StackAI moving forward, while also offering support to those interested in continuing the StackOS project. The final voting will take place across three instances to ensure all community members have the opportunity to participate, with the results communicated transparently to the community. This strategic move not only secures the future of STKAI but also addresses the pressing security risks associated with bridge infrastructures.

Alpha Liquid Fund has announced a significant investment in the $XNET token ecosystem, reinforcing its commitment to innovative projects in the decentralized wireless (DeWi) sector. The XNET Foundation is at the forefront of transforming mobile connectivity by addressing the limitations of traditional network infrastructure. By utilizing blockchain technology on the Solana network, Citizens Broadband Radio Service (CBRS) spectrum, and Wi-Fi 6+, XNET empowers local builders to deploy LTE/5G or carrier-grade Wi-Fi in underserved areas. This community-driven approach not only reduces costs but also enhances scalability, offering resilient connectivity solutions that challenge conventional Mobile Network Operator (MNO) models. Recently, XNET Mobile was recognized as an International Data Corporation (IDC) Innovator in DePIN for 2025. In April, the project achieved a notable milestone with a 16% increase in average daily data offload, showcasing its ongoing momentum. Wes Levitt, the Chief Investment Officer of Alpha Liquid Fund, emphasized the tangible impact of XNET, highlighting the consistent growth in data offload and the strong community support that fuels the network's progress. Alpha Liquid Fund specializes in liquid digital assets, maintaining a 90-day liquidity threshold. The fund employs a rigorous fundamental research approach, investing in digital assets both on the open market and through OTC deals directly from crypto projects. By utilizing institutional hedging tools and diversifying across sectors and market caps, Alpha Liquid Fund aims to deliver strong returns with reduced volatility and risk compared to direct digital asset holdings. Meanwhile, the XNET Foundation continues to drive innovation in decentralized wireless networks, striving to create scalable and cost-effective mobile connectivity solutions globally.

The Graph, a prominent indexing and query protocol, has recently integrated Chainlink’s interoperability standard, marking a significant advancement in the cross-chain transfer capabilities of its native token, GRT. This integration allows users to bridge GRT across multiple blockchains, including Solana, Arbitrum, and Base. The Graph team emphasized that this adoption is a crucial step towards enhancing the accessibility and utility of GRT, particularly highlighting the potential benefits for the Solana ecosystem and the broader blockchain landscape. The integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) introduces a range of functionalities, including cross-chain staking, delegation, and query fee payments. This means that developers can now pay for queries on layer 2 chains using GRT, which is expected to streamline operations and enhance user experiences. However, the rollout of these features is contingent upon The Graph successfully launching the necessary bridging infrastructure, which is a critical aspect of this initiative. Chainlink has been actively expanding its technology across the crypto industry, with CCIP gaining notable traction. Recently, CCIP went live on the Solana mainnet, which is anticipated to significantly boost decentralized finance growth by providing access to over $18 billion worth of assets on the chain. Additionally, Lombard has also integrated CCIP, showcasing the versatility and demand for cross-chain solutions in the blockchain space. Since its launch in 2018, The Graph has been a vital platform for developers to build and deploy decentralized applications across various networks, including Ethereum, Solana, and Arbitrum.

Acurast, a decentralized physical infrastructure network (DePIN) based in Zug, Switzerland, has achieved a significant milestone by onboarding over 70,000 smartphones across more than 130 countries. This remarkable growth translates to over 250 million transactions and 10,750 secure compute deployments, all accomplished without the reliance on centralized data centers. Co-Founder Alessandro De Carli emphasized that this achievement is indicative of a transformative shift in infrastructure development, moving from traditional cloud servers to decentralized computing solutions that utilize everyday smartphones. The surge in user adoption has been fueled by the ongoing Public Token Sale on CoinList and the integration of the Solana community, enhancing the accessibility of Acurast's services. The innovative approach of Acurast allows ordinary smartphones, including those that are old or damaged, to function as secure compute nodes. By leveraging modern Hardware Security Modules (HSMs), even lightweight devices can manage sensitive workloads while ensuring confidentiality and verifiability. This model eliminates the need for specialized hardware or mining rigs, making Acurast one of the most accessible DePIN projects available. In less than a month, the network saw an increase of over 10,000 newly onboarded devices, showcasing the rapid expansion driven by strategic partnerships and real-world applications, such as collaborations with FLock.io and HOPR. Acurast's growth signifies not only a technical achievement but also a paradigm shift in global infrastructure development. Modern smartphones are now capable of rivaling traditional servers in performance while being more energy-efficient and widely distributed. Acurast's vision is to create compute hubs in homes, offices, and communities rather than in centralized data centers. By empowering individuals to contribute to this decentralized network with their existing devices, Acurast is paving the way for a more inclusive and powerful future in computing. As De Carli stated, this is the future they believe in, and they invite everyone to join the DePIN movement and participate in building the infrastructure of tomorrow.

Grass ($GRASS), a decentralized project built on the Solana blockchain, has experienced an 8% decline in value over the past 24 hours, following an impressive 500% surge earlier this month. This downturn raises questions about the sustainability of its recent growth, particularly as it aligns with a broader market correction. Despite this setback, $GRASS has managed to retain a 14-day gain of approximately 13%. The token, which launched in October 2024, has seen significant price fluctuations, reaching an all-time high of $3.90 before settling around $1.88, placing it among the top 123 cryptocurrencies by market capitalization at roughly $460 million. Grass distinguishes itself by merging Decentralized Physical Infrastructure Network (DePIN) elements with Artificial Intelligence (AI) functionalities. Users who install the Grass browser app can share their excess internet bandwidth to train AI models, earning rewards in the process. This innovative model has led to substantial growth, with the user base expanding from 200,000 to over 3 million between Q4 2024 and early 2025. The platform's capabilities were further enhanced by the Sion Upgrade, which significantly improved its ability to scrape and process multimodal web content, achieving daily data collection rates that rival those of major tech companies. Despite the recent dip in activity, with daily data scraping falling to around 759,000 TB, Grass remains a formidable player in the DePIN space, second only to Helium on Solana. The project has secured listings on major exchanges, and many traders believe it is currently undervalued, with bullish predictions suggesting a market cap of $1 billion and a potential price target exceeding $4 by year-end. Technical analysis indicates that while the asset has faced resistance, a rebound from current support levels could signal a new upward trend, although a drop below key moving averages might lead to further declines.