The DePIN Explorer - DePIN Scan

Helium [HNT], a prominent decentralized physical infrastructure network operating on the Solana blockchain, has recently seen a notable price increase of over 16% within the past month. This surge is largely attributed to its token buyback program initiated on October 20. As of now, the daily trading volume for HNT has reached approximately $17 million, marking a 25% increase. The price action is currently forming a bottoming pattern, raising questions about whether the on-chain activity and the underlying fundamentals will support a complete price reversal for HNT. The Helium Network's fee generation and its token buyback strategy have demonstrated a clear correlation. Since the launch of the buyback program, HNT has utilized the fees collected to repurchase its tokens, thereby managing the circulating supply effectively. Although these buybacks initially propelled HNT's price upwards, the momentum has begun to stabilize since early November, with an average of $30,000 worth of HNT repurchased over the past month. This strategy aims to reduce the circulating supply, potentially leading to a price increase if demand aligns accordingly. In addition to the buyback program, there has been a significant rise in token transfers and decentralized exchange (DEX) trading volumes. The total transfer volume recently hit $30 million, while DEX trading volume reached $3 million, the highest in a week. Despite a brief price dip, HNT has maintained support above the $2 level, forming a developing head-and-shoulders pattern. For HNT to achieve a bullish breakout, it must close above the $2.74 resistance zone. However, the overall weakness in the cryptocurrency market poses a risk to this bullish outlook, as any breakdown below the current pattern could invalidate the potential for a price recovery.

The recent surge in interest surrounding Near Protocol and Bittensor has become a focal point in the AI-driven cryptocurrency sector this month. Both networks are pivotal in discussions about scalable computation and decentralized machine learning, showcasing a real user demand for high-performance blockchain solutions. Near Protocol, known for its speed and developer-friendly integrations, is currently priced at $2.45, reflecting a 1.34% increase in the last 24 hours, with a market cap of $3.16 billion. However, its trading volume has dipped by 2.99%, indicating a slowdown in short-term trading activity while still attracting developers focused on AI-powered decentralized applications (dApps) and innovative payment models. Bittensor, another key player in the decentralized AI landscape, continues to gain traction with its network of permissionless machine-learning miners. The TAO token is trading at $336.48, up 2.05% in the past day, with a market cap of $3.47 billion. Despite a significant 41.6% drop in trading volume to $212.95 million, interest remains high among teams developing AI-driven prediction systems and data training models. This sustained demand highlights the potential of Bittensor as a leader in the decentralized AI space. In contrast to the AI token hype, Remittix (RTX) is emerging as a strong contender in the PayFi sector, focusing on global payments and real-world settlement solutions. Currently priced at $0.1166, Remittix has successfully raised over $28 million in private funding and is expanding its user base with a Beta Wallet testing program for iOS users. The project has also received full verification from CertiK, ranking it as the top pre-launch token on their leaderboard. With a growing emphasis on practical use cases, Remittix's focus on secure, global transfers positions it as a potential leader in the next market cycle, appealing to investors looking for tangible applications in the crypto space.

Filecoin has recently captured the attention of investors with a significant price surge of 200%, climbing from $1.20 to $3.90 within a week. However, this impressive rally was followed by a sharp correction, leading to a 45% decline in value. Despite these fluctuations, the ongoing developments within the Filecoin ecosystem, particularly its relationship with decentralized physical infrastructure networks (DePIN), may play a crucial role in shaping its long-term price trajectory. The correlation between Filecoin and other projects like Internet Computer (ICP) highlights the strengthening market sentiment surrounding DePIN technology, which could positively influence Filecoin's price predictions in the near future. The recent surge in Filecoin's price was largely driven by a notable increase in EVM-based smart contract activity. Data from Filscan indicated a rise in contract transactions from 4,673 to 38,364 during the price rally, showcasing robust on-chain engagement. However, this activity has since cooled off, coinciding with a price drop to $2.15. Currently, Filecoin holds a market cap of $1.53 billion and a daily trading volume of $364.66 million. Maintaining support above the 200-day EMA at $2.50 is critical for Filecoin's price stability, as sustaining this level could lead to a rebound towards the $3.90 resistance zone and potentially a target of $10 if bullish momentum returns. In addition to price fluctuations, Filecoin's recent partnership with Blockfrost and the Filecoin Foundation to integrate Filecoin storage as a backup layer for Cardano applications is a significant development. This collaboration enhances data redundancy and decentralization within the Cardano ecosystem, reinforcing Filecoin's role in cross-chain infrastructure. If the market perceives this partnership as a sign of sustainable utility, it could lead to a more bullish outlook for Filecoin's price predictions. Conversely, if market sentiment remains weak, a further decline could see FIL drop to $1, where accumulation and consolidation might occur until the end of the year.

DePIN Day 2025, a pivotal event in the realm of Decentralized Physical Infrastructure Networks (DePIN), is set to take place on November 18, 2025, in Buenos Aires, Argentina. This marks the first Latin American edition of the event, coinciding with Devconnect Week. Organized by Fluence in collaboration with the Filecoin Foundation, DePIN Day aims to connect builders, thinkers, and investors across continents, fostering a community focused on the decentralized future of physical infrastructure. The event will feature discussions on the impact of crypto-incentivized systems across various sectors, including wireless networks, energy systems, and storage solutions, with notable participants from Protocol Labs, ar.io, and others presenting groundbreaking developments. The lineup of speakers includes prominent figures such as Tom Trowbridge from Fluence, Juan Benet from Protocol Labs, and Dylan Bane from Messari, among others. These industry leaders are committed to advancing a new era of infrastructure ownership characterized by user engagement, transparency, and verifiability. Clara Tsao from the Filecoin Foundation expressed her enthusiasm, stating that DePIN Day showcases individuals who are actively innovating in the DePIN space. Mark Rydon from Aethir and Lyllah Ledesma from DAWN also praised the event, highlighting its significance in the annual conference calendar. DePIN Day has established itself as a crucial platform for discussing the evolution of decentralized infrastructure, having hosted over 13 editions in cities worldwide, including Denver, Berlin, and Singapore. Supported by more than 150 ecosystem partners, such as Helium and Polygon, the event serves as a vital meeting point for thousands of builders, venture capitalists, and protocol teams shaping the future of infrastructure. Fluence, the organizing entity, is a decentralized cloudless computing platform that offers robust and cost-effective services, empowering developers in AI, Web3, and beyond, governed by the Fluence DAO and its native token, FLT.