Latest DePIN News

IoTeX Secures Investment from Animoca Brands IoTeX, a leading blockchain platform specializing in transforming real-world data into collective intelligence for AI, announced a significant investment from Animoca Brands. This partnership also involves Animoca Brands becoming a network validator and ecosystem partner for IoTeX. Since 2017, IoTeX has been instrumental in providing infrastructure for AI and blockchains by utilizing real-world data from machines and decentralized physical networks (DePINs). The platform supports over 100 projects and 40 million devices in various sectors such as mobility, robotics, energy, and healthcare. With substantial funding from investors like SamsungNext, Draper Dragon, and more, IoTeX's network facilitates AI's access to real-time data, enabling autonomous interactions with the physical world. The company's core infrastructure, including its Layer 1 blockchain, ioID decentralized identity, $IOTX token, and Quicksilver AI data framework, empowers developers to create impactful AI models and applications. Strategic Partnership for AI Innovation Animoca Brands' investment and strategic involvement mark a significant milestone for IoTeX, reinforcing its position in the AI sector and accelerating the adoption of Web3-powered AI applications. This collaboration aims to tap into the multi-trillion-dollar market for AI and real-world data. By supporting IoTeX's expansion in Asia and globally, Animoca Brands will leverage its network and industry expertise to drive innovation at the intersection of blockchain, decentralized infrastructure, tokenized assets, and AI. As a network validator for IoTeX, Animoca Brands will enhance the security, decentralization, and sustainability of the network, ensuring a robust foundation for future Web3 and AI applications. The partnership signifies a crucial step towards unlocking the full potential of decentralized infrastructure, as stated by Yat Siu, co-founder and executive chairman of Animoca Brands, and Raullen Chai, co-founder and CEO of IoTeX. Empowering AI with Real-Time Physical Data Founded in 2017, IoTeX plays a pivotal role in providing blockchain infrastructure that integrates real-time physical data to empower AI systems. With a focus on enabling intelligent systems to operate in real-time physical environments, IoTeX's technology bridges the gap between blockchain and AI, offering opportunities for real-world AI applications. The collaboration between IoTeX and Animoca Brands signifies a significant advancement in the realm of AI innovation, aiming to drive the next phase of Web3 and AI development.

U Power Limited, a small-cap company with a market value of $17.48 million and significant revenue growth of 124% in the last twelve months, has signed a memorandum of understanding with blockchain platform IoTex. The partnership aims to tokenize real-world assets backed by corporate bonds issued by U Power. Both companies will explore tokenization solutions for these assets, incorporating AI technologies for asset management. This move is expected to strengthen U Power’s capital structure and support the development of its UOTTA electric vehicle battery-swapping technology. The collaboration also involves HabitTrade, a global multi-asset trading platform, as the structuring and execution agent for the token-equity integration. U Power describes itself as a provider of AI-integrated energy solutions connecting electric vehicles with energy infrastructure. IoTex, founded in 2017, focuses on transforming machine-generated data into collective intelligence for AI applications. This strategic partnership comes as U Power shifts its business focus towards providing comprehensive AI-integrated solutions for energy grids and transportation systems.

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IoTeX, the decentralized network bridging the physical and digital worlds, announced a significant expansion into artificial intelligence. This move introduces a unified ecosystem for Physical AI, a new category of intelligence powered by real-world data from machines, devices, and decentralized infrastructure. The transition of AI systems from digital environments to real-world applications emphasizes the importance of access to live, trustworthy data from the physical surroundings. IoTeX aims to enable a new class of AI grounded in reality by creating a shared infrastructure where machines and AI agents can coordinate via verified, real-time data, transforming decentralized networks into a foundation for responsive, real-world AI systems. Since its establishment in 2017, IoTeX has been at the forefront of technologies bridging physical devices with blockchain networks. The company's latest AI expansion aligns with its vision of linking the demand for real-time, verifiable data from AI developers with the supply of connected devices and DePIN participants on IoTeX. The AI infrastructure is powered by IoTeX Layer 1 Blockchain for secure coordination, the ioID Protocol for decentralized machine authentication, Quicksilver AI framework for transforming raw machine signals, and the IOTX Token for governance and incentives. Central to IoTeX's AI architecture are Realms, evolving knowledge bases of real-time, real-world data that synthesize insights from machines, people, and sensors to generate actionable intelligence in various sectors like mobility, health, energy, and robotics. Realms serve the dual purpose of providing real-time situational awareness for AI agents and offering dynamic environments for training the next generation of Physical AI models. As data flows into a Realm from connected devices and DePIN nodes, its intelligence becomes more precise, adaptive, and valuable, evolving into living knowledge bases that scale with participation. IoTeX's vision is to build dynamic economies of intelligence where machines, people, and AI collaborate to generate continuously evolving knowledge, forming a global constellation of verified environments where physical intelligence becomes a scalable and monetizable resource for real-world AI applications.

The price of TAO has surged by 6% today, reaching approximately $395 and boosting its market capitalization to $4 billion. This increase follows the recent demonstration of Bittensor's Novelty Search: SN50 Synth, which showcases predictive intelligence applications in financial markets. The unveiling has generated renewed enthusiasm among traders, who view it as a sign of innovation within the Bittensor ecosystem. As a result, the TAO price chart reflects growing optimism, supported by increased trading volume and social media engagement. Bittensor's ecosystem is evolving, with subnets playing a crucial role in delivering unique AI-driven use cases. The introduction of a subnet SDK and EVM compatibility has accelerated developer activity, making it easier for projects to deploy decentralized AI models. Notably, the Hippius subnet was recently listed on a centralized exchange, accompanied by a 50,000 USDT reward pool, which is expected to enhance market engagement. These developments indicate that Bittensor continues to attract interest from both retail and institutional investors, with forecasts suggesting a positive outlook for TAO's long-term scalability. Adding to the bullish sentiment, Grayscale has filed for a Bittensor Trust with the SEC, potentially paving the way for TAO to become a regulated investment product. This could attract significant institutional inflows, reflecting a historical trend where similar filings have increased liquidity and price stability in the crypto market. Furthermore, the upcoming halving event in December 2025, which will reduce daily issuance from 7,200 to 3,600 TAO, mirrors Bitcoin's scarcity model, potentially setting the stage for a post-halving rally. Technical analysis shows that TAO has broken out of a descending triangle pattern, with a medium-term target of $800 in sight if current momentum continues.

The global cryptocurrency market remains stable at approximately $3.7 trillion, recovering from a recent downturn caused by the United States imposing 100% tariffs on Chinese tech exports. Bitcoin is currently trading around $108,000, while Ethereum is near $3,900. Investors are increasingly focusing on infrastructure-driven projects as the market shifts towards a narrative centered on innovation in artificial intelligence, privacy, and scalability. Three projects leading this charge are Bittensor (TAO), Zcash (ZEC), and BlockDAG (BDAG), each addressing critical needs in the blockchain ecosystem and potentially representing top investment opportunities for 2025. Zcash (ZEC) is making a significant comeback, emphasizing the importance of privacy in the cryptocurrency space. Recently, ZEC surpassed $270, experiencing daily gains exceeding 8%, which has pushed its market capitalization to around $4.1 billion. This surge is attributed to heightened regulatory scrutiny, sparking renewed interest in privacy-focused blockchains. Zcash's shielded pool supply has exceeded 4.5 million tokens, enhancing its scarcity. Institutional interest is also growing, particularly through the Grayscale ZEC Fund, which holds over $85 million in assets. Despite facing resistance near $297, the overall outlook for ZEC remains positive as transaction volumes and mining difficulties rise. Bittensor (TAO) has emerged as a standout performer, trading near $435 and up more than 35% this month. Its unique model combines AI computation with blockchain consensus, creating a decentralized market for data training. With over 70% of TAO's circulating supply staked, confidence among validators is evident. Institutional interest is on the rise, particularly from Grayscale’s Decentralized AI Fund. Meanwhile, BlockDAG (BDAG) is establishing itself as a key player in Web3 scalability, having raised over $430 million and achieving significant technical milestones. With its hybrid consensus model, BlockDAG can process multiple transactions simultaneously, making it an attractive option for developers. Together, these projects highlight a shift towards fundamentals in the crypto market, focusing on utility and long-term growth potential.

Theta Labs has achieved a significant milestone by officially joining the Blockchain Association (BA), a leading nonprofit organization in the United States dedicated to promoting a pro-innovation policy environment for the digital asset economy. This partnership aligns with Theta's vision to influence the future of blockchain technology both in the US and globally. The Blockchain Association plays a crucial role in educating policymakers about the potential of blockchain and advocating for regulatory frameworks that support innovation rather than hinder it. By joining the Blockchain Association, Theta Labs gains a strategic advantage in shaping policy discussions that affect the blockchain sector. This membership provides Theta with a platform to influence legislation and regulation, ensuring that the evolving landscape of blockchain and digital assets is conducive to growth. The benefits extend beyond Theta itself, as a favorable regulatory environment will also positively impact the broader Theta ecosystem, including token holders, partners, developers, and users. Looking ahead, Theta Labs is eager to engage in working groups within the Blockchain Association, particularly in areas related to AI and decentralized physical infrastructure networks (DePIN). This collaboration will enable Theta to stay informed about industry developments, share insights, and work alongside other members to promote a more open and innovative digital future. Joining the Blockchain Association underscores Theta's commitment to contributing to the development of policies and standards that will shape the future of blockchain technology in the United States and beyond.

The Akash Network (AKT) has recently garnered attention due to its resilience during a significant outage of Amazon Web Services (AWS). While AWS experienced hours of downtime, Akash Network maintained its operations seamlessly, a feat celebrated by its founder, Greg Osuri. He announced plans for the project to migrate to a new network, focusing on chains affected by the AWS outage. Additionally, the protocol introduced a burn mint equilibrium model aimed at enhancing the structural demand for AKT while reducing its effective circulating supply, which could potentially influence its market performance. Despite these developments, the price outlook for AKT remains bearish. The altcoin has been on a downward trajectory throughout 2025, with a significant decline of 86% following a market-wide rally that failed to push prices above the $5 mark. The $2-$2.5 range, which was a robust support level in 2024, has now turned into resistance. Current analysis indicates that the $0.63 support level could be the next target, as the moving averages and Relative Strength Index (RSI) suggest persistent bearish momentum. The On-Balance Volume (OBV) is also trending downward, indicating seller dominance in the market. The technical analysis reveals a critical need for AKT to reclaim the psychological $1 level to signal a potential reversal of the downtrend. However, given the prevailing long-term bearish trend, investors may be cautious about expecting a quick recovery. The next price targets, based on Fibonacci extension levels, are projected at $0.533 and $0.456. As the market continues to evolve, traders and investors are advised to remain vigilant and consider the ongoing bearish indicators before making any financial decisions.

In the midst of Bittensor's recent price decline, TAO Synergies has taken a proactive approach by aggressively accumulating TAO tokens, increasing its holdings to over 54,000. This strategic move comes as Bittensor faced significant bearish pressure, with its price dropping from a rejection point of $460 to a low of $403. As of now, Bittensor is trading at $404, reflecting a 10.42% decline on daily charts. Despite this downturn, institutional investors are seizing the opportunity to buy the dip, indicating a potential long-term interest in the asset. On October 20th, TAO Synergies, a company associated with Bittensor Treasury, announced its acquisition of additional TAO tokens through both purchase and staking. This acquisition has positioned TAO Synergies as the largest publicly traded holder of Bittensor, with entrepreneur James Altucher emphasizing the significance of their investment in a network that is reshaping entrepreneurship and innovation. Furthermore, the company recently secured $11 million in funding through private placement, backed by DCG and Altucher, which will be utilized for further TAO token purchases and exploring new revenue-generating opportunities within the Bittensor ecosystem. Despite TAO Synergies' aggressive accumulation strategy, the overall market sentiment remains bearish, with persistent selling pressure from other investors. Data from CryptoQuant indicates that sellers have dominated the market for four consecutive days, resulting in a negative Buy-Sell Delta. On October 21st, Bittensor recorded a sell volume of 40,000 compared to a buy volume of 32,600, highlighting the strong selling pressure. As TAO's Relative Strength Index (RSI) has fallen to 56, the token's price may continue to face downward pressure unless TAO Synergies can effectively absorb the selling activity. If current market conditions persist, Bittensor may retrace to $378, with critical support at $367, while a successful absorption of selling pressure could see TAO reclaim levels around $416 and target $460 again.

Bittensor (TAO) has recently experienced a significant surge of 12% in its price, primarily driven by the resolution of an investigation into a $28 million hack linked to the project. This positive development has restored investor confidence, resulting in an influx of $25 million into its derivatives market. Following a challenging period marked by a 44% drawdown, TAO is now on the verge of reclaiming its previous all-time high (ATH), with the current price hovering near the $447 resistance level. The investigation's conclusion, which revealed that a former Bittensor employee was responsible for the hack affecting 32 TAO holders, has instilled renewed optimism among investors. A civil lawsuit is now underway, further boosting the asset's outlook. Community sentiment reflects this shift, with bullish sentiment among investors rising from 74% to 86% in just a few days, indicating a strong likelihood of continued capital inflows into TAO. In the perpetual futures market, investor sentiment remains robust, with Open Interest increasing by 9.95% to $26 million. The positive Funding Rate suggests that most new contracts are long positions, as traders anticipate further price appreciation. However, spot investors have been taking profits, contributing to some selling pressure. Technical analysis indicates that TAO must break through the $447 resistance to avoid a potential retest of lower support levels, with the next target being $476. If bullish momentum continues, TAO could aim for a new yearly high of $588, supported by rising indicators such as the Relative Strength Index (RSI).

Solana (SOL) is poised for a significant price rally in the upcoming weeks, having recently retested key macro support levels. The altcoin has demonstrated strong fundamentals that could support a parabolic rise for the SOL/USD pair. Following Bitcoin's rebound above $111k, Solana has experienced a notable increase of around 9% over the past three days, trading at approximately $193. Analysts are optimistic, predicting that if SOL can break through the resistance levels between $174 and $247, it will confirm an inverse head and shoulder pattern, further solidifying its bullish trajectory. The bullish sentiment surrounding Solana is reinforced by various technical indicators. The SOL/USD pair has rebounded from a crucial rising logarithmic support level established since late 2023. Additionally, the squeezing of the weekly Bollinger Bands and the recent rebound of the Relative Strength Index (RSI) above the 50 level suggest that further upside is likely. Market analyst Aksel Kibar highlights that a rally towards $247 would mark a significant milestone in Solana's ongoing bullish phase, potentially leading to a new all-time high. Moreover, Solana's recent price surge has coincided with a remarkable increase in transaction volume, reaching levels not seen since early this year. This uptick in activity is attributed to the Solana network's growing prominence in the Decentralized Physical Infrastructure Network (DePIN) sector, particularly following regulatory clarity in the United States. With 63 DePIN projects currently on the Solana network, including notable names like Helium and Hivemapper, the ecosystem is well-positioned for expansion, especially in the Asia-Pacific region. The upcoming Accelerate APAC event in Shanghai aims to foster collaboration among local tech firms and the global Solana community, further enhancing its growth potential in the region.

Grayscale's recent report highlights Solana (SOL) as a leading "hosting network" for blockchain applications, showcasing its significant role in the crypto ecosystem. The report reveals that Solana powers a diverse array of protocols, including Raydium, Pump.fun, and Helium, which contribute to substantial on-chain activity. Currently, the Solana ecosystem generates approximately $425 million in monthly fees, translating to an impressive annualized revenue of $5 billion, while maintaining an average transaction cost of just $0.02. This efficiency underscores Solana's scalability and effectiveness as a smart contract platform. The report further emphasizes Solana's growing developer community, with over 1,000 full-time developers actively building on the network, placing it second only to Ethereum in terms of developer count. This robust developer base is crucial for fostering long-term innovation and resilience within the ecosystem. Solana's diverse application landscape sets it apart from other networks, as it not only facilitates speculative trading but also supports real consumer and infrastructure applications, ensuring consistent on-chain demand. Grayscale's analysis also touches on the economic dynamics of the $SOL token, which serves as both a digital commodity and an investment vehicle for the broader Solana ecosystem. With an annual supply growth rate of about 4%–4.5%, the token's staking dynamics provide a nominal yield of around 7%, offering incentives for long-term holders. As Solana continues to expand its user base and transaction volume, the demand for $SOL is expected to rise, reinforcing its position as a key asset in the evolving crypto landscape. Overall, Solana's trajectory appears promising, with its unique value proposition and operational efficiencies paving the way for future growth in the decentralized application space.

As we look ahead to 2025, the cryptocurrency landscape is poised for a significant transformation, with AI crypto tokens emerging as a dominant force. This new wave of digital assets, which integrate artificial intelligence with blockchain technology, promises to revolutionize how investors interact with the crypto market. Projects like Bittensor (TAO), Render (RNDR), and Near Protocol are leading the charge, demonstrating that AI is not merely a passing trend but a foundational element of the future financial ecosystem. Enter IPO Genie, a project that aims to harness AI intelligence to enhance investment strategies and democratize access to early-stage crypto funding. IPO Genie is designed to streamline the investment discovery process, which has often been fragmented and biased. By leveraging AI, the platform provides investors with personalized insights based on their unique profiles, preferences, and historical performance. This approach not only enhances the decision-making process but also ensures that investors are presented with opportunities that align with their goals. The AI analyzes startup data, including financial metrics and market sentiment, to surface promising projects before they gain mainstream attention, thereby giving users a competitive edge in the fast-paced crypto environment. The significance of IPO Genie extends beyond just facilitating presales; it represents a shift towards a more intelligent and inclusive investment model. By integrating machine learning with blockchain transparency, IPO Genie is building a robust infrastructure for the future of crypto investing. As AI continues to reshape various sectors of the global economy, its influence on the cryptocurrency market will only grow stronger. Investors who embrace this evolution will not only benefit from smarter investment strategies but will also play a crucial role in shaping the next generation of financial innovation.

Bittensor's price has made headlines recently, surging over 14% in just 24 hours and achieving a remarkable 23% gain over the past week. This rally has propelled TAO's market capitalization to an impressive $4 billion. The catalyst behind this surge is Grayscale's announcement of new institutional interest through its Bittensor Trust filing. This combination of fresh capital influx, technical breakout, and sustained spot accumulation is significantly boosting market sentiment and driving the price upward. From a technical perspective, TAO has successfully reclaimed the $403.65 Fibonacci 23.6% retracement level, which has now flipped to act as support. Currently, the token is trading above its 7-day simple moving average (SMA) at $394.36, indicating a strong bullish trend. Recent price movements show a notable rebound from a low of $345.41, confirming that bulls are defending the critical pivot point at $371.4. The MACD histogram shows a positive reading of +7.71, suggesting that bullish momentum is gaining strength, while the RSI at 55 indicates that there is still potential for further upside. For traders, the breakout above $403 validates the short-term bullish trend, and as long as TAO remains above the $371.4 pivot, dips are likely to be seen as buying opportunities. Immediate upside targets are set at $433.9, with further resistance at $478.27 and a potential move towards $564 if the bullish momentum continues. The current market conditions suggest that TAO is not yet overbought, leaving room for additional price appreciation if the technical indicators and market sentiment remain favorable.