According to Odaily, Messari reported on X that as of August, the DePIN sector has experienced substantial growth. The funding scale has increased by 296% year-on-year, and the total market value has surged by 400%, reaching $20 billion. Among the top eight DePIN protocols by market value, seven are Digital Resource Networks (DRN), with a combined market value of $12.2 billion. Helium is the only Physical Resource Network (PRN) to make it into the top eight by market value.
However, the increase in market value does not correlate with revenue growth, as all DePIN protocols still generate very low income. The overall sluggish revenue growth indicates that the DePIN industry continues to be primarily constrained by demand limitations.
