The DePIN sector's market value surges by 400% to $2 billion
Publication Time:2024-08-08 12:41:07
During this wave of growth, seven out of the top eight DePIN protocols ranked by market value were digital resource networks (DRN), with a total market value of $12.2 billion. In contrast, only Helium managed to rank among the top eight in terms of market value within the physical resource network (PRN) sector. Despite the impressive market performance, it is noteworthy that the growth in market value did not correspond with an increase in revenue; all DePIN protocols still operate at a relatively low revenue level. Overall, the growth in income for the DePIN industry appears lackluster, reflecting the industry's ongoing limitation by market demand.
total market value
DePIN sector
Growth in Financing Scale
Physical Resource Network
Digital Resource Network