Odaily Planet Daily reported that Messari published an article on X, pointing out that as of August, the decentralized physical infrastructure network (DePIN) sector has performed well, with financing scale increasing by 296% year-on-year and total market value soaring by 400% to US$20 billion! 💥
By market value, seven of the top eight DePIN protocols are digital resource networks (DRNs), with a total market value of up to US$12.2 billion. Helium is the only physical resource network (PRN) to enter the top eight. 📈
However, the increase in market value has not brought a corresponding increase in revenue, and the revenue of all DePIN protocols is still low. This reflects that the DePIN industry is still facing demand constraints and overall revenue growth is weak. 📉
Despite this, Bitcoin is still a bright spot in the market and continues to be favored by investors. 🚀