TechFlow news, January 6 — According to the "State of DePIN 2024" report jointly released by Messari DePIN research analyst Dylan Bane and Salvador Gala, co-founder of Escape Velocity Ventures, the decentralized physical infrastructure network (DePIN) sector achieved significant growth in 2024:
1. Market Performance: The total market capitalization of the DePIN sector reached $50 billion, covering 350 tokens, with a price-to-earnings ratio of approximately 100x based on annual revenue.
2. Device Contribution: Over 13 million devices worldwide participated in DePIN operations daily.
3. Network Competition: Solana leads in infrastructure, while Base dominates in consumer and market adoption.
4. Capital Inflows: In 2024, DePIN projects raised over $350 million in seed and early-stage funding.
5. Application Expansion: Local governments have begun leveraging DePIN to address infrastructure challenges such as cross-border payments and logistics network optimization.
Looking ahead to 2025, the DePIN sector is projected to achieve 100–1,000x growth in emerging markets and expand into broader application scenarios.
