Is DePIN Dead? Expert Reveals Why 2025 Will Be Its Breakthrough Year

DePIN, once a darling of the crypto infrastructure space, has seen its momentum wane in 2024. Yet industry insiders argue the sector is far from obsolete—it’s merely biding time for a 2025 resurgence. Naman Kabra, CEO of NodeOps, contends that decentralized physical infrastructure networks (DePIN) represent a logical evolution of Bitcoin’s distributed consensus model, applied to tangible systems like telecom networks.

Early successes like Helium demonstrated DePIN’s potential to outmaneuver centralized providers through efficient, community-driven infrastructure deployment. The model appealed to investors seeking alternatives to geographic monopolies and developers tired of platform risk from centralized services. Despite a current market capitalization plateau at $25 billion, Kabra insists the sector’s foundational advantages remain intact.