The DePIN Explorer - DePIN Scan

The cryptocurrency market has experienced a notable decline recently, as reported by ChainCatcher using SoSoValue data. Over a 24-hour period, most cryptocurrencies saw drops ranging from approximately 2% to 5%. The DePIN sector was particularly hard hit, leading the decline with a significant drop of 5.8%. Within this sector, Filecoin (FIL) fell by 6.29%, while Render (RENDER) experienced an even steeper decline of 7.07%. Additionally, Bitcoin (BTC) fell by 3.19%, slipping below the $86,000 mark, and Ethereum (ETH) decreased by 4.11%, dropping below $3,000. Other sectors also faced losses, with the CeFi sector declining by 3.02% in 24 hours. Aster (ASTER) was notably affected, dropping 15.82%. The Layer1 sector fell by 3.34%, with Sui (SUI) down 8.35%. Meanwhile, the Layer2 sector recorded a 4.03% drop, and SOON (SOON) fell by 11.09%. The Meme sector saw a decline of 4.31%, although PIPPIN (PIPPIN) managed to defy the trend with a remarkable increase of 25.96%. The PayFi sector decreased by 4.81%, with Telcoin (TEL) down 8.85%, and the DeFi sector dropped by 4.93%, although MYX Finance (MYX) surged by 9.96% during this period. The overall performance of the crypto sector indices reflects these trends, with the ssiAI, ssiDePIN, and ssiRWA indices falling by 7.05%, 6.8%, and 6.41% respectively. This decline highlights the volatility and challenges faced by the cryptocurrency market, emphasizing the importance of caution for investors. It is essential to note that the views expressed in this article are solely those of the author and do not represent any official stance of the platform, nor should they be considered as investment advice.

Mambo WiFi has recently joined forces with the Helium-powered decentralized physical infrastructure networking (DePIN) platform to enhance internet access across Brazil. This partnership is set to leverage Mambo WiFi's extensive network of over 40,000 access points, which will significantly expand Helium's reach in a country where internet access is often uneven. Helium's decentralized model aims to democratize internet connectivity by transforming small devices into mini cell towers, thereby extending mobile data coverage and alleviating congestion on major carriers' networks. Brazil boasts the fifth-largest digital population globally, with over 161.4 million internet users as of early 2023, representing approximately 75% coverage of its estimated population. Despite these figures, Helium reports that a significant portion of the population remains under-connected, relying heavily on shared or public WiFi for their internet needs. This situation often leads to congestion and unreliable service, highlighting the ongoing digital divide in the nation. The partnership with Mambo WiFi aims to address these challenges by providing a more reliable and accessible internet service to millions of users. In addition to this partnership, Helium has opened an International Waitlist to foster new collaborations with communities, enterprises, and deployment partners globally. This initiative is part of Helium's strategy to expand its network and enhance mobile services in areas with high demand. As the DePIN sector continues to grow within the Web3 landscape, Helium's innovative approach to internet access could play a crucial role in bridging the digital divide in Brazil and beyond.

Io.net has introduced a revamped token model for its decentralized AI compute network, aiming to better align token rewards with actual usage and demand. The new framework, named the Incentive Dynamic Engine (IDE), is designed to optimize how native tokens are issued and allocated among hardware providers, users, and investors. Since June, Io.net's distributed network of graphics processing units (GPUs) has facilitated over $20 million in compute leases, highlighting the growing demand for decentralized AI training and inference workloads. The IDE employs a dynamic control system that adjusts token release and payout levels based on real-time network conditions. This innovative approach contrasts with previous models that relied on high token rewards to stimulate supply, which often resulted in persistent inflation and misalignment with end-user demand. By stabilizing income for GPU providers across more than 130 countries and promoting predictable pricing for users, Io.net aims to create a more reliable and open market for compute resources. Gaurav Sharma, CEO of Io.net, emphasized the importance of transitioning from centralized hyperscalers to decentralized markets for compute, asserting that IDE represents a pioneering step toward this goal. Despite the potential of decentralized compute networks, large enterprises have been hesitant to adopt them due to concerns about reliability and transparency. Io.net's IDE framework addresses these issues by enhancing visibility into network data, thereby fostering trust among corporate users. The model also includes deflationary mechanisms that link token flows to real-world usage, reducing income volatility for GPU providers and rewarding investors who support actual network utilization. With the IDE proposal currently open for community feedback, Io.net plans to finalize its tokenomics design by March and roll out the new model in the second quarter of 2026, positioning itself as a key player in the decentralized AI landscape.

Filecoin (FIL) has experienced a significant decline of 7.3% over the past 24 hours, dropping from $1.48 to $1.38. This downturn has pushed the token below the crucial support level of $1.43, establishing a new support at $1.37. The recent selloff has been attributed to a broader liquidation in decentralized physical infrastructure tokens, which has negatively impacted the entire sector. CoinDesk Research's technical analysis indicates that Filecoin has been in a downtrend, marked by consecutive lower highs since its peak at $1.55 on December 10. The trading volume surged to 10.6 million tokens during this breakdown, highlighting the intensity of the market's reaction. The failure of Filecoin to reclaim the resistance level at $1.52 has intensified selling pressure, with an 85% spike in trading volume confirming institutional selling as the price broke through the critical support at $1.43. Following this, the price stabilized near session lows around $1.37, suggesting a temporary exhaustion of selling momentum. The current technical outlook indicates that if the support at $1.37 fails, the price could target the downside range of $1.30 to $1.35. Meanwhile, the broader cryptocurrency market also faced challenges, with Bitcoin slipping below $91,000 and the CoinDesk 20 index declining by 3.4% at the time of publication. In other news, the Cardano ecosystem has received a boost with the launch of Midnight's NIGHT token, which aims to enhance privacy on the network. The token has already doubled in value, approaching a $1 billion valuation, as it introduces a programmable privacy layer utilizing zero-knowledge proofs. This innovative approach allows for the separation of public and private data while enabling controlled disclosures to relevant parties. The launch also features a cross-chain allocation model that distributes NIGHT tokens across various ecosystems, promoting a collaborative privacy environment. This development highlights the ongoing evolution of blockchain technology and its applications in enhancing user privacy and security.