Latest DePIN Token Launch News

The blockchain investment landscape has shown signs of recovery, with venture capital funds investing a total of $1.576 billion in crypto startups in December 2024, marking the highest monthly financing amount since October 2022. According to PANews, there were eight investment events in the global blockchain sector from December 30 to January 5, totaling over $40 million in funding. Although this represents a decrease from the previous week, significant developments occurred within various sectors, particularly in decentralized finance (DeFi), infrastructure, and centralized finance. In the DeFi sector, AlloyX, a stablecoin aggregation platform, successfully completed a $10 million Pre-A round of financing, with notable participation from the Arbitrum Foundation and others. This funding aims to enhance global stablecoin infrastructure, particularly in regions like the UAE, ASEAN, and Africa. Additionally, Binance Labs announced an investment in THENA, a decentralized exchange on the BNB Chain, to bolster its development and security measures. Meanwhile, Haedal Protocol, focused on liquidity staking in the Sui ecosystem, secured seed funding from prominent investors including Hashed and Animoca Ventures, although the specific amount remains undisclosed. The infrastructure and tools sector also witnessed significant funding activities. Bitcoin staking protocol Babylon received $5.3 million from BingX Labs, while JAN3, a Bitcoin technology firm, completed a $5 million seed round led by Fulgur Ventures, with participation from Tether and others. Furthermore, Fold, a Bitcoin financial services company, finalized $20 million in convertible bond financing to support its merger with FTAC Emerald Acquisition Corp. These developments indicate a resilient interest in blockchain technology and its potential for innovation and growth in the financial sector.

Solana has emerged as a leading player in the decentralized finance (DeFi) ecosystem, showcasing a remarkable recovery since the FTX exchange downfall in 2021. By 2024, Solana has solidified its position as one of the most popular blockchain networks, hosting a multi-billion dollar total value locked (TVL) and supporting a vast array of decentralized applications (dApps). The network is celebrated for its scalability, speed, and low transaction costs, making it an attractive platform for various projects, including lending, liquid staking, decentralized exchanges (DEXs), and non-fungible tokens (NFTs). Among the standout projects on Solana, Phantom Wallet has become the largest self-custody wallet, facilitating safe cryptocurrency storage for millions of users. Jupiter, the top DEX on Solana, has gained traction with features like limit orders and dollar-cost averaging, while Marinade Finance leads in lending with its innovative liquid staking model. Magic Eden has established itself as the go-to NFT marketplace, and the meme coin Dogwifhat has captured significant attention in the crypto community. Other notable projects include Render Network, which focuses on decentralized GPU cloud rendering, and Ondo Finance, which tokenizes real-world assets to enhance liquidity and efficiency. The importance of decentralized exchanges within the Solana ecosystem cannot be overstated, as they drive economic growth and uphold the principles of decentralized finance. As Solana continues to attract innovative projects and a growing user base, its resilience and adaptability in the face of challenges position it as a formidable player in the blockchain space. With billions in TVL and a diverse range of applications, Solana's DeFi ecosystem is poised for further expansion and success in the coming years.

The cryptocurrency market is currently experiencing a surge of interest, with several projects emerging as potential high-return investments. Among these, BlockDAG (BDAG) stands out with an astonishing 2240% ROI, having raised over $174.5 million in its presale. The project has gained significant traction, with its price increasing from $0.001 to $0.0234, and analysts predicting it could reach $1 by 2025. This impressive growth, coupled with strong community support, positions BlockDAG as a leading contender for investors seeking substantial returns in the crypto space. In addition to BlockDAG, other notable projects include Bittensor (TAO), which integrates advanced machine intelligence capabilities, and Sui (SUI), known for its lightning-fast transaction speeds. Bittensor allows users to develop and share AI models within a decentralized framework, despite experiencing a recent dip in value. Meanwhile, Sui has gained recognition for its ability to handle thousands of transactions per second, making it an attractive option for decentralized applications. Both projects highlight the innovative approaches reshaping the blockchain landscape. Arbitrum (ARB) and Aave (AAVE) are also making waves in the industry. Arbitrum addresses Ethereum's scalability challenges, offering faster and more cost-effective transactions. Aave, on the other hand, is redefining crypto lending with its unique Safety Module, ensuring secure and reliable borrowing options. With Aave's recent growth of 52.05% in the past month, it continues to solidify its position in the decentralized finance sector. As these projects evolve, they present exciting opportunities for investors looking to capitalize on the dynamic cryptocurrency market.

### 4EVERLAND's Bi-Weekly Report: A Step Towards Decentralized Web3 Computing The 4EVERLAND community is buzzing with excitement as the latest Bi-Weekly Report highlights significant advancements following the successful Token Generation Event (TGE). The report emphasizes the commitment to fostering a decentralized future for Web3 computing. Key updates include enhancements to the 4EVER Gateway, which now offers improved performance for faster global data access, and an increased subsidy for Arweave integration, promoting decentralized data permanence. Additionally, the expansion of decentralized nodes aims to bolster data redundancy and reduce latency for developers, marking a pivotal step in 4EVERLAND's ecosystem growth. In terms of partnerships, 4EVERLAND has forged strategic alliances with notable players in the Web3 space. Collaborations with Trust Wallet and BNB Greenfield aim to enrich user experiences and encourage AI-powered solutions for decentralized applications. The introduction of the $4EVER token on platforms like Gate.IO and MEXC through collaborative campaigns further enhances the utility of 4EVERLAND's infrastructure. These partnerships not only strengthen the network but also position 4EVERLAND as a foundational layer for the decentralized internet, fostering trust and innovation in the ecosystem. Community engagement remains a cornerstone of 4EVERLAND's mission. The report showcases standout community articles that delve into the tokenomics of $4EVER and the ambitious roadmap for 2025. Upcoming campaigns, such as the LAND Deposit Points Campaign and Arweave Hosting Giveaways, invite users to actively participate and benefit from the ecosystem. As the $4EVER token gains traction with a circulating supply of 800 million, the community is encouraged to stay connected through social platforms and contribute to discussions. With a focus on innovation and a community-first approach, 4EVERLAND is paving the way for a decentralized future in Web3 computing.

The cryptocurrency project Grass, built on the Solana blockchain, has recently made headlines with a remarkable 494% surge in price following its airdrop. Initially, the price peaked at $3.89 on November 8, 2024, but has since stabilized around $2.3 to $2.4. With 2 million users and a position among the top 15 Decentralized Physical Infrastructure Network (DePIN) coins, Grass shows significant potential, although it faces regulatory scrutiny and challenges regarding its data collection practices. The project allows users to earn passive income through web scraping, utilizing unused internet bandwidth to train artificial intelligence, which raises concerns about privacy and data security. Despite the initial excitement surrounding the airdrop, which distributed 10% of the total supply to users, the price has seen fluctuations. Analysts suggest that while Grass has established itself in the market, it must navigate potential regulatory hurdles and the lack of an audit for its code. The project’s unique model, which involves nodes, routers, and validators to manage data collection, positions it well within the growing DePIN sector. However, the project's reliance on user data and the absence of transparency in its operations may hinder its long-term growth prospects. Looking ahead, the high annual percentage yield (APY) for staking, estimated at around 50%, and the anticipated launch of an iOS app in Q1 2025 could reignite interest in Grass. As the project continues to evolve, its ability to maintain user engagement and adapt to regulatory landscapes will be crucial. The crypto community remains cautiously optimistic, with traders noting that while the price may not experience drastic changes, it could stabilize and potentially rise again as the project matures and expands its offerings.

On December 30, Binance announced the launch of USDT perpetual contracts for the native tokens of dForce and Phala Network, marking a significant development in the cryptocurrency trading landscape. The dForce token experienced a remarkable surge of 26% following the announcement, reflecting strong market interest. The trading for PHAUSDT commenced at 11:30 UTC, while DFUSDT was listed shortly after at 11:45 UTC. Both contracts offer up to 75x leverage and have a tick size of 0.00001, with maximum financing rates set at +2.00% and -2.00%. The funding fee will be calculated every four hours, and Binance will support multi-asset trading for these perpetual tokens. The dForce token, currently trading at approximately $0.095, has shown impressive growth, with a 30% increase over the past week and a staggering 103.71% rise in the last month. With a market capitalization exceeding $83.2 million, dForce ranks 636th in the crypto market. Its fully diluted valuation stands at $84 million, and it has recorded a 24-hour trading volume of $157 million, indicating robust trading activity and investor confidence. In contrast, the Phala Network's PHA token saw a more modest increase of 10% post-listing. However, its long-term performance is promising, with a remarkable 327% rise in the past week and approximately 212% in the last month. dForce is recognized for its decentralized finance infrastructure, providing various protocols including decentralized stablecoins and yield tokens, while Phala Network focuses on privacy and secure cloud computing solutions in the Web3 space, utilizing the PHA utility token to power its operations.

In the Roam ecosystem, Roam Points serve as a crucial incentive for users contributing to the network's growth. These points can be utilized in various ways, but their primary value lies in the ability to be burned for $ROAM tokens following the Token Generation Event (TGE). To facilitate this conversion, Roam has established three distinct burning pools: the General Burning Pool, Miner Burning Pool, and Validator Burning Pool. Each pool caters to different user types based on their contributions, providing a structured approach to maximizing rewards through point conversion. A burning pool allows users to exchange their Roam Points for $ROAM tokens by burning them, which permanently removes the points from circulation. The conversion rate is dynamic, influenced by the total points burned and tokens generated within a specific timeframe. Users can choose to burn their points all at once or over several cycles, depending on their strategy. For instance, if only one user burns points, they receive a higher token yield compared to a scenario with many participants. This system not only incentivizes user engagement but also helps maintain the scarcity and value of $ROAM tokens. The General Burning Pool is accessible to all users, while the Miner and Validator pools cater to specific contributors, such as miners and validators of Roam WiFi hotspots. Each pool has its own set of rules regarding minimum point input, eligible points, and burn periods, allowing users to tailor their participation based on their activities within the Roam network. By understanding the mechanics of these pools, users can effectively strategize their point burning to maximize their $ROAM token rewards, enhancing their overall experience within the Roam ecosystem.

In 2024, DRIFE took the decentralized ride-hailing industry by storm, transforming the way users interact with transportation. With a series of innovative updates and partnerships, DRIFE not only enhanced its platform but also solidified its position as a leader in the Web3 space. The integration of ZkLogin streamlined user sign-ups, ensuring privacy and security without the hassle of forgotten passwords. Additionally, the migration of $DRF tokens to the Sui Network resulted in faster transactions and lower fees, showcasing DRIFE's commitment to providing a seamless user experience. With over 1.23 billion tokens successfully migrated, the platform is set for a thriving future. The launch of the Share2Earn campaign gamified the ride-sharing experience, allowing users to earn DRF tokens effortlessly. This initiative not only incentivized participation but also fostered a sense of community among users. Furthermore, DRIFE made history by becoming the first token to migrate on the Sui platform and subsequently listing on MEXC, marking a significant milestone in its growth journey. The company’s expansion into Dubai, where it secured a license and launched its services, exemplified its ambition to revolutionize ride-hailing in one of the world's most dynamic cities. Throughout the year, DRIFE showcased its presence at major global events, including TOKEN2049 in Singapore and the Dubai Future Blockchain Summit. These engagements allowed DRIFE to network with industry leaders and promote its vision for decentralized transportation. The company also launched the World of DePIN podcast series, further establishing its thought leadership in the space. As DRIFE looks forward to 2025, it remains committed to driving decentralization and innovation in the ride-hailing sector, inviting users to join them on this exciting journey into the future.

As of December 27, 2024, THETA, the native token of Theta Network, is drawing significant attention from crypto traders due to a bullish price action pattern observed on its daily timeframe. Despite the larger cryptocurrency market facing challenges, with major assets like Bitcoin and Ethereum struggling, THETA has shown resilience. Currently, 69.2% of top traders on Binance are holding long positions in THETA, reflecting a strong bullish sentiment. The token's Relative Strength Index (RSI) is at 43, suggesting potential for upward momentum, especially as traders and whales continue to accumulate the asset following a recent price correction. Technical analysis indicates that THETA has formed a descending triangle pattern, positioning it for a possible breakout. The altcoin has successfully retested its crucial support level at the 200 Exponential Moving Average (EMA). If THETA manages to break above the $2.41 mark, analysts predict it could surge by 37% to reach $3.33. The recent price action, combined with a significant $2.02 million in THETA outflows from exchanges, signals strong buying pressure and a potential increase in value as assets are moved to long-term holders' wallets. In addition to the bullish on-chain metrics, the trading dynamics on Binance further bolster THETA's outlook. The long/short ratio for THETAUSDT stands at 2.25, indicating that traders are leaning heavily towards long positions. Although THETA's price has seen a slight decline of 1% in the last 24 hours, the overall market sentiment remains optimistic. With lower trading volume noted, it appears that traders are cautiously watching for the next significant movement in THETA's price trajectory.

Titan is set to launch its fourth testnet on January 6, 2025, at 08:00 AM UTC, marking a significant advancement in decentralized content delivery network (CDN) technology. This testnet aims to introduce innovative features tailored to meet the growing demands of commercial users. The launch will begin with a waitlist registration, allowing resource contributors to be approved in batches. This approach is designed to facilitate a smooth integration process, ensuring that all participants can engage effectively with the new system. The new CDN testnet represents a pivotal milestone for Titan, as it directly addresses real-world commercial needs. One of the standout features of this testnet is its reward mechanism, which will be linked to actual CDN resource usage. This development sets a new benchmark in the decentralized physical infrastructure networks (DePIN) space, potentially transforming how CDN services are utilized and compensated in the blockchain ecosystem. Community involvement is encouraged, with several ways to participate. Interested individuals can join the waitlist to receive exclusive updates and access detailed testing instructions through the Gitbook. Additionally, Titan plans to release guides that will provide comprehensive participation details, ensuring that all contributors are well-informed and prepared to engage with the testnet once it becomes open to the public after the initial waitlisting phase.