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DePIN Sector Shows Maturation with $1B Funding and $72M On-Chain Revenue in 2025

DePIN Sector Shows Maturation with $1B Funding and $72M On-Chain Revenue in 2025

Published:
2026-01-28 22:36:02
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BTCCSquare news:

The DePIN sector reached a pivotal milestone in 2025, attracting $1 billion in funding while generating $72 million in on-chain revenue, according to Messari's State of DePIN report. The sector's valuation climbed to $10 billion, reflecting a shift from speculative ventures to infrastructure-driven businesses.

Protocol-level revenue, derived from network usage fees and incentives, underscores DePIN's tangible utility. Despite a bearish market, select networks demonstrated resilient revenue growth, outperforming traditional altcoins and LAYER 1 projects. A single project secured $140 million in funding—nearly double its nearest competitor—highlighting concentrated investor confidence.

|Square

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