Messari’s 2024 DePIN Report Highlights $50B Market Cap and Promising Future

Description

Messari ‘s 2024 State of DePIN (Decentralized Physical Infrastructure Networks) report, co-authored by Dylan Bane and Salvador Gala , underscores the sector’s rapid growth and emerging potential. With a market cap of $50 billion across 350 tokens and an average trading multiple of 100x ARR, DePIN continues to gain traction as a transformative technology. The report highlights over 13 million active devices contributing daily , signaling robust network activity. It also delves into the evolving c...