According to BlockBeats, Messari released a growth report on the DePIN sector on August 8, highlighting that the IoTeX ecosystem ranks third with 51 DePIN projects, following Solana and Ethereum. Among ecosystems focused solely on DePIN, IoTeX holds the top position. The report indicates that the DePIN sector's financing scale is increasing at an annual rate of 296%, with a total market value exceeding $20 billion. The largest single financing event was IoTeX's $50 million funding round in April. Other top projects, including io.net, DIMO, and Daylight, have deep collaborations with IoTeX in data verification, off-chain computation, or capital layers. Last month, IoTeX announced its 2.0 upgrade strategy, launching the first modular infrastructure platform for DePIN. This modular approach will enable IoTeX to provide cross-ecosystem device data verification and off-chain computation, enhancing the functionality of various public chains to connect with the real world and accelerating the large-scale adoption of DePIN.