According to ChainCatcher news, a report jointly released by Messari DePIN research analyst Dylan Bane and Escape Velocity Ventures co-founder Salvador Gala (2024 DePIN Status) shows significant growth in the Distributed Physical Infrastructure Network (DePIN) sector in 2024:
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.
Device Contribution: Over 13 million devices globally participate in DePIN operations daily.
Network Competition: Solana leads in infrastructure, while Base excels in consumer and market areas.
Capital Inflows: In 2024, DePIN projects raised over $350 million in seed rounds and early financing.
Application Expansion: Local governments are beginning to leverage DePIN to address infrastructure issues, such as cross-border payments and logistics network optimization.
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.