PANews reported on January 6 that, according to a report jointly released by Messari DePIN research analyst Dylan Bane and Escape Velocity Ventures co-founder Salvador Gala (2024 DePIN Status), the distributed physical infrastructure network (DePIN) sector achieved significant growth in 2024:

1. Market Performance: The total market capitalization of DePIN reached $50 billion, covering 350 tokens, with an annual revenue price-to-earnings ratio of about 100 times.

2. Device Contribution: Over 13 million devices participate in DePIN operations globally every day.

3. Network Competition: Solana leads in infrastructure, while Base excels in consumer and market sectors.

4. Capital Inflow: In 2024, DePIN projects raised over $350 million in seed and early-stage financing.

5. Application Expansion: Local governments are beginning to utilize DePIN to address infrastructure issues, such as cross-border payments, logistics network optimization, and more.

Looking ahead to 2025, the DePIN sector is expected to achieve 100-1000 times growth in emerging markets and break through in broader application scenarios.