DePIN Sector Defies Crypto Market Trends with $10B Valuation and Real Revenue Growth
Messari's "State of DePIN 2025" report reveals a resilient $10 billion market for decentralized physical infrastructure networks (DePIN), with projects like Helium achieving 800% revenue growth despite token price declines. This contrasts sharply with speculative-driven DeFi and traditional blockchain struggles.
InfraFi emerges as a new paradigm, prioritizing tangible economic utility over tokenomics inflation. DePIN networks—spanning sensors, energy, bandwidth, and storage—demonstrate viability through real-world usage and revenue generation, marking a departure from hollow crypto narratives.
The sector's rational framework attracts investors focused on income-producing assets rather than speculative storytelling. Messari's analysis underscores a broader shift toward decentralized infrastructure with measurable profitability.