depin

According to SoSoValue data, most sectors in the crypto market have retraced, with only the DePIN, AI, and SocialFi sectors remaining relatively strong, rising 0.01%, 0.06%, and 2.14% respectively over the past 24 hours. Within the DePIN sector, Arweave (AR) increased by 2.40%; in the AI sector, Virtuals Protocol (VIRTUAL) rose by 1.33%, and Worldcoin (WLD) increased by 2.03%; in the SocialFi sector, Toncoin (TON) went up by 2.80%.In addition, Bitcoin (BTC) fell by 3.10%, briefly dropping below $73,000, but has now rebounded to above $76,000; Ethereum (ETH) decreased by 3.72%, touching $2,100 at one point, and is now approaching $2,300.In other sectors, the Layer1 sector dropped by 2.12% over the past 24 hours, with Solana (SOL) falling by 5.00%, while Cosmos Hub (ATOM) rose by 5.49%; the Meme sector declined by 0.38%, with Binance Life significantly increasing by 13.58%; the PayFi sector decreased by 0.96%, but Trust Wallet (TWT) rose by 4.20%; the Layer2 sector fell by 1.56%, with Polygon (POL) down by 3.74%; the CeFi sector dropped by 1.70%, with OKB down by 2.11%; the DeFi sector decreased by 1.93%, while Morpho Token (MORPHO) rose against the trend by 5.01%.The crypto sector indices reflecting historical market performance show that the ssiSocialFi, ssiDePIN, and ssiAI indices increased by 2.56%, 0.68%, and 0.42% respectively.

According to Fortune, the venture capital firm Escape Velocity has completed its second round of fundraising, raising a total of $62 million, primarily to support DePIN (Decentralized Physical Infrastructure) and broader projects in the cryptocurrency space.The fund attracted notable investors, including Marc Andreessen and Ribbit Capital founder Micky Malka, with the largest contributor, Cendana, contributing $15 million. Escape Velocity co-founder Mahesh Ramakrishnan stated that although the DePIN sector is currently facing a market downturn, he believes that decentralized physical infrastructure will see breakthroughs. The company has previously invested in DePIN projects such as Daylight and Glow in the solar energy sector and plans to continue seeking high-quality projects that go beyond market hype.

According to SoSoValue data, the overall cryptocurrency market is showing a slight upward trend, with the DeFi sector performing exceptionally well, rising 3.68% in 24 hours. Among them, Hyperliquid (HYPE) surged by 27.77%, Lighter (LIT) increased by 11.16%, and Jupiter (JUP) rose by 6.47%. Meanwhile, Bitcoin (BTC) increased by 0.82%, approaching the $90,000 mark. Ethereum (ETH) rose by 2.67%, breaking through $3,000.It is noteworthy that MAG7.ssi increased by 1.56%, DEFI.ssi rose by 6.67%, and MEME.ssi went up by 3.05%.Other standout sectors include: the AI sector, which rose by 2.19%, with Kite (KITE) increasing by 7.99%; the Meme sector, which increased by 2.01%, with PIPPIN (PIPPIN) surging by 62.31%; and the Layer1 sector, which rose by 1.83%, with Zcash (ZEC) increasing by 7.38%.In other sectors, the CeFi sector rose by 1.52%, with Aster (ASTER) increasing by 3.89%; the Layer2 sector rose by 0.56%, with Mantle (MNT) increasing by 3.28%; the RWA sector rose by 0.48%, with Keeta (KTA) increasing by 15.31%; and the PayFi sector rose by 0.01%, with Bitcoin Cash (BCH) increasing by 3.12%.Additionally, the DePIN and GameFi sectors fell by 0.86% and 1.91%, respectively.The cryptocurrency sector indices reflecting historical market trends show that the ssiDeFi, ssiAI, and ssiLayer1 indices rose by 6.19%, 4.38%, and 2.24%, respectively.

According to SoSoValue data, the cryptocurrency market sector has declined for two consecutive days, with the DePIN sector leading the drop at 4.22% over the past 24 hours. Within this sector, Filecoin (FIL) fell by 8.55%, and Golem (GLM) dropped by 10.07%. Additionally, Bitcoin (BTC) decreased by 0.74%, falling to just above $95,000, while Ethereum (ETH) remained relatively stable, down 0.21%, still hovering around $3,300.In other sectors, the CeFi sector declined by 0.37% over the past 24 hours, but NEXO (NEXO) rose by 1.13%; the Layer1 sector fell by 1.32%, with TRON (TRX) surging 2.30% during the day; the PayFi sector decreased by 2.11%, while Dash (DASH) rose against the trend by 3.50%; the Layer2 sector dropped by 2.52%, with Mantle (MNT) increasing by 0.99%; the DeFi sector fell by 2.59%, but River (RIVER) still surged by 8.12%; the Meme sector decreased by 2.93%, while MemeCore (M) rose by 1.65%.The cryptocurrency sector indices reflecting historical market trends show that the ssiGameFi, ssiDePIN, and ssiSocialFi indices fell by 4.53%, 4.26%, and 3.20%, respectively.

According to SoSoValue data, the various sectors of the cryptocurrency market have experienced a slight pullback after continuous rises, with only the DePIN and AI sectors remaining relatively strong, increasing by 0.04% and 1.06% respectively over the past 24 hours. Within the DePIN sector, Render (RENDER) rose by 2.57%, and Golem (GLM) increased by 3.56%. In the AI sector, Bittensor (TAO) rose by 5.63%, and Fartcoin (FARTCOIN) increased by 5.70%.Additionally, Bitcoin (BTC) fell by 1.55%, retreating below $93,000. Ethereum (ETH) rose by 0.61%, maintaining above $3,200.In other sectors, the Layer1 sector dropped by 0.22% over the past 24 hours, with Cosmos Hub (ATOM) rising by 4.02%; the DeFi sector decreased by 0.25%, but River (RIVER) rose by 16.74%; the CeFi sector fell by 0.58%, while MX (MX) increased by 0.98%; the Layer2 sector declined by 1.42%, with zkSync (ZK) remaining relatively strong, rising by 2.40%; the previously high-performing Meme sector fell by 2.30%, with MemeCore (M) rising against the trend by 6.40%; the PayFi sector dropped by 4.11%, with Velo (VELO) increasing by 3.64%.The cryptocurrency sector indices reflecting historical market trends show that the ssiAI, ssiLayer1, and ssiDeFi indices rose by 1.74%, 0.50%, and 0.23% respectively.

According to official news, Binance Alpha will launch Depinsim (ESIM) on January 5.Eligible users can go to the Alpha event page to claim the airdrop using Binance Alpha points after the Alpha trading opens. Further details will be announced separately.

According to official news, the decentralized autonomous wireless network project DAWN has announced the completion of a $13 million Series B funding round, led by Polychain.The new funds will be used to accelerate global expansion, new deployments, and ecosystem partnerships. DAWN will continue to focus on expanding decentralized broadband worldwide.

According to official news, the DePIN project Fuse Energy based on the Solana chain announced the completion of a $70,000,000 Series B financing. This round of financing was led by Lowercarbon and Balderton, with the company's valuation reaching $5 billion.

According to SoSoValue data, the cryptocurrency market has generally declined, with a 24-hour drop of approximately 2% to 5%. Among them, the DePIN sector led the decline with a drop of 5.8%. Within this sector, Filecoin (FIL) fell by 6.29%, and Render (RENDER) dropped by 7.07%.In addition, Bitcoin (BTC) decreased by 3.19%, falling below $86,000, while Ethereum (ETH) dropped by 4.11%, falling below $3,000. In other sectors, the CeFi sector fell by 3.02% in 24 hours, with Aster (ASTER) dropping by 15.82%; the Layer1 sector declined by 3.34%, with Sui (SUI) down by 8.35%; the Layer2 sector saw a 24-hour drop of 4.03%, with SOON (SOON) decreasing by 11.09%; the Meme sector fell by 4.31%, while PIPPIN (PIPPIN) rose against the trend by 25.96%; the PayFi sector dropped by 4.81%, with Telcoin (TEL) down by 8.85%; the DeFi sector declined by 4.93%, but MYX Finance (MYX) surged by 9.96% during the session. The cryptocurrency sector indices reflecting historical performance show that the ssiAI, ssiDePIN, and ssiRWA indices fell by 7.05%, 6.8%, and 6.41%, respectively.

According to official news, the decentralized artificial intelligence computing and cloud platform IO.NET has released a simplified version of the Incentive Dynamic Engine (IDE) white paper (Litepaper). IDE is a demand-driven token economic model aimed at DePIN, designed to replace the inflation-based token economic model.The white paper introduces a new type of token economic model specifically designed for io.net, which relies on a unique dual-mode system to build a healthy and sustainable DePIN network, namely the Incentive Dynamic Engine (IDE). Currently, the number of IO tokens in circulation under the old incentive mechanism is 300 million, and one of the goals of IDE is to gradually reduce at least 50% of these tokens to ensure the network's health and sustainable development.The white paper is part of an iterative process to collect community feedback. The initial phase of feedback collection will begin on December 11, 2025, and end in February of the following year. The final lightweight white paper is scheduled to be released on March 31, and implementation will take place in the second quarter of 2026.

According to SoSoValue data, the cryptocurrency market has generally retraced, with the DePIN sector leading the decline at 4.28% over the past 24 hours. Within the sector, Filecoin (FIL) dropped 7.50%, and Render (RENDER) fell 5.52%. Additionally, Bitcoin (BTC) decreased by 1.41%, falling below $91,000, while Ethereum (ETH) declined by 1.02%, dropping below $3,300.In other sectors, the CeFi sector fell 1.00% over the past 24 hours, with Cronos (CRO) down 3.39%; the Layer2 sector decreased by 2.15%, but Mantle (MNT) remained relatively strong, rising 1.12%; the DeFi sector dropped 2.35%, while Hyperliquid (HYPE) rose against the trend by 2.95%; the Layer1 sector declined by 2.54%, with Zcash (ZEC), which had previously seen significant gains, down 10.78%; the PayFi sector fell 2.92%, with Ultima (ULTIMA) surging 6.63% during the day; the AI sector decreased by 3.85%, but Pieverse (PIEVERSE) saw a substantial increase of 28.38%; the Meme sector dropped 3.88%, while PIPPIN (PIPPIN) rose again by 6.67%.The cryptocurrency sector indices reflecting historical market trends show that the ssiAI, ssiNFT, and ssiDePIN indices fell by 5.55%, 5.32%, and 5.16%, respectively.

Animoca Brands Chief Strategy Officer Keyvan Peymani stated that the company plans to expand its business beyond the gaming sector next year, enriching its existing portfolio of around 600 companies. In an interview with CNBC on Tuesday, he elaborated, "We invest in dozens of companies each year, covering areas such as artificial intelligence, DePIN, DeFi, gaming, and any emerging fields or new opportunities related to stablecoins. Our core goal is always to focus on the expansion trends of the ecosystem we are in."He further emphasized, "Once interesting and exciting developments occur in areas like stablecoins and RWA, we will strive to be market leaders." At the same time, he added that Animoca is committed to being a bridge for the retail sector to benefit from the transformations within the Web3 ecosystem, "You can expect us to continue digging deep and uncovering those potential projects that we believe will disrupt the industry. Stablecoins are indeed a major focus for the company recently." (Cointelegraph)

On November 7, according to SoSoValue data, the cryptocurrency market showed a mixed performance. The DePIN sector rose by 10.93% in 24 hours, with Filecoin (FIL) surging by 51.83% and Arweave (AR) increasing by 37.92%. However, Bitcoin (BTC) fell by 1.63%, dropping below $102,000, and Ethereum (ETH) decreased by 2.37%, retreating to around $3,300.Other standout sectors included the AI sector, which rose by 6.01%. Within this sector, DeAgentAI (AIA) saw a strong increase, rising by 439.98% in 24 hours, while Sapien (SAPIEN) surged by 187.63% due to factors such as its listing on Binance for spot trading. The Layer2 sector increased by 0.82%, with Stacks (STX) rising by 5.37%.In other sectors, the CeFi sector fell by 0.14%, with Mantle (MNT) remaining relatively strong, increasing by 2.12%; the Layer1 sector decreased by 0.34%, but Zcash (ZEC) continued to rise, increasing by 15.73%, while Internet Computer (ICP) rose by 18.72%; the Meme sector dropped by 1.78%, with the previously high-performing Giggle Fund (GIGGLE) falling by 14.54%; the DeFi sector decreased by 2.04%, but MYX Finance (MYX) rose by 22.94%.Additionally, the PayFi sector, which led the gains yesterday, experienced a pullback, falling by 4.01% in 24 hours, while Dash (DASH) rose by 15.74% against the trend.The cryptocurrency sector indices reflecting historical performance showed that the ssiDePIN, ssiSocialFi, and ssiLayer2 indices increased by 13.57%, 1.52%, and 1.40%, respectively.

ChainCatcher news, the decentralized communication and data infrastructure project Depinsim announced the completion of a $8 million strategic financing round, led by Outlier Ventures, with participation from several well-known institutions including DWF Labs.Depinsim is based on eSIM technology and is committed to creating a Free Mobile Internet Protocol that allows users to gain value from their connections. By integrating eSIM communication, data mining, and blockchain incentive mechanisms, users can earn rewards by activating mining machines, completing tasks, or using data, which can be used for eSIM data top-ups or exchanged for stablecoin PIN, achieving a value loop of "connection---earnings---reconnection."Depinsim is building a user-driven global connection economy, transforming communication networks from a single service into a decentralized system that can be shared and enhanced. The co-founder of Depinsim stated, "Our goal is not to create the next crypto product, but to quantify every connection as value."

ChainCatcher message, co-hosted by PinGo and the Blockchain for Good Alliance (BGA), and supported by TON and the TON SSEA Hub, officially opens registration for the PinGo Indonesia DePIN Hackathon 2025!As the first large-scale hackathon in the Indonesian market themed around DePIN, this event has established a prize pool of $3,700, aimed at encouraging more developers and builders to join in exploring the limitless potential of DePIN technology.Leveraging the powerful underlying technology and global ecosystem support of the TON blockchain, the PinGo Indonesia DePIN Hackathon will provide Indonesian developers with unprecedented opportunities for technical exchange and practical experience, igniting a new wave of growth momentum in the Southeast Asian Web3 ecosystem.Registration period: October 17, 2025 -- October 31, 2025Registration link: https://forms.gle/8uDLdtbKMdMhPt986Competition period: November 2, 2025 -- November 28, 2025 (online + offline)

ChainCatcher news indicates that, according to SoSoValue data, the encrypted market has generally declined, with the DePIN sector leading the drop at 7.18% over the past 24 hours. Within this sector, Render (RENDER) fell by 7.05%, and Filecoin (FIL) dropped by 7.58%. Additionally, Bitcoin (BTC) decreased by 2.19%, falling below $109,000. Ethereum (ETH) declined by 2.14%, dropping below the $4,000 mark.In other sectors, the PayFi sector fell by 3.03% over the past 24 hours, with Monero (XMR) and Telcoin (TEL) down by 6.56% and 9.94%, respectively. The CeFi sector decreased by 3.08%, with Cronos (CRO) dropping by 8.03%. The Layer1 sector fell by 3.71%, with Sui (SUI) down by 7.62%. The Layer2 sector declined by 3.74%, but Zora (ZORA) rose against the trend by 18.68%. The DeFi sector dropped by 3.81%, with Aave (AAVE) down by 7.58%. The Meme sector fell by 4.43%, with Pump.fun (PUMP) decreasing by 11.13%.The cryptocurrency sector indices reflecting historical market trends show that the ssiDePIN, ssiAI, and ssiGameFi indices fell by 6.14%, 5.69%, and 5.44%, respectively.

ChainCatcher news, 375ai has completed a $5 million financing round, led by Delphi Ventures, Strobe Capital, and HackVC, with participation from 6MV, ARCA, EV3, Peaq, and Heartcore.375ai CEO Harry Dewhirst stated that the project captures data from the physical world by monitoring vehicles in places like Los Angeles to better understand consumer behavior. Dewhirst mentioned that the DePIN project is also being promoted in New York and Miami, and the team plans to enter the international market next year.