Following IoTeX's announcement on July 18th about its implementation of the 2.0 strategy and the launch of the DePIN modular platform, the price of IOTX surged past 0.055 USD within three days, marking an over 20% increase. This upward trend signifies the market's enthusiasm for the DePIN sector, particularly its appeal in lowering barriers to innovation and its ecosystem incentivization mechanism. The founder of IoTeX stated that this upgrade is part of their preparation for the trillion-dollar DePIN market, expecting to connect billions of devices in the next few years. Major trading platforms such as Binance, Coinbase, and Upbit have planned to support this network upgrade and hard fork.