Latest DePIN News

As cyberattacks become increasingly sophisticated and the challenges posed by quantum computing loom on the horizon, Naoris Protocol has introduced a groundbreaking solution that aims to redefine digital security. This initiative heralds the world's first Post-Quantum powered Decentralized Physical Infrastructure Network (DePIN) specifically designed for cybersecurity and digital trust. With the support of notable figures such as DNS designer David Holtzman and former White House Chief of Staff Mick Mulvaney, this innovative protocol transforms traditionally untrusted devices into a decentralized layer of cyber-trusted validator nodes, effectively eliminating the single points of failure that plague centralized security systems. The launch of Naoris Protocol comes at a crucial juncture, particularly in light of the CrowdStrike outages in July 2024, which exposed the vulnerabilities inherent in centralized security frameworks. These outages disrupted services across multiple sectors, including aviation, banking, and media, underscoring the urgent need for decentralized security solutions. David Carvalho, CEO & Founder of Naoris Protocol, emphasizes that current centralized models are fundamentally vulnerable, stating, "Our protocol decentralizes digital security, where every device becomes a secure validator node as part of a trusted, incentivized layer that uses post-quantum cryptography to create a real-time, decentralized validation brain." The protocol introduces four key innovations: Post-Quantum Security to withstand quantum threats, a Decentralized Security Layer for real-time validation, an Incentivized Security Model rewarding devices for maintaining security, and continuous verification to mitigate risks of compromise. As the DePIN market is projected to reach $3.5 trillion by 2028, Naoris Protocol is poised to serve as a vital security backbone for both Web2 and Web3 infrastructures. With an upcoming incentivized Testnet launch, users will have the opportunity to participate in stress-testing this revolutionary system, laying the groundwork for a global post-quantum cybersecurity DePIN that promises to enhance cyber resilience across various industrial applications.

Matchain, a decentralized AI identity blockchain, has announced a strategic partnership with io.net, a leader in decentralized computing networks. This collaboration aims to enhance the infrastructure available to developers within the Matchain ecosystem by providing low-cost, scalable GPU-powered AI tools. As Matchain's official compute partner, io.net will deliver decentralized GPU infrastructure that enables a wide range of AI applications. This partnership is expected to simplify infrastructure management for developers and address the increasing computational demands of Web3 technologies, particularly in the realm of artificial intelligence. The partnership promises to provide Matchain developers with cost-effective and scalable GPU resources, essential for the intensive workloads involved in training, deploying, and scaling AI models. Compared to traditional cloud computing services, the resources offered through this collaboration will significantly reduce costs for developers, making high-performance computing more accessible for decentralized projects. This enhancement will broaden the scope of Matchain's ecosystem, allowing developers to create decentralized applications (dApps) with innovative approaches to identity and data management, leveraging the AI-optimized capabilities of Matchain and io.net's GPU-oriented infrastructure. Jessie Xiao, the chief commercial officer at Matchain, emphasized the importance of this partnership in facilitating the development of decentralized AI applications. He stated that teaming up with io.net has amplified their ability to provide developers with affordable, high-performance infrastructure for next-generation applications. Additionally, this collaboration aligns with Matchain's broader goal of utilizing blockchain technology for AI research. By integrating io.net's decentralized compute services, Matchain users will benefit from on-demand resources, faster payments via the Solana blockchain, and tailored support for AI model training and deployment. This partnership marks a significant advancement in decentralized AI innovation, empowering developers to build secure, scalable, and cost-efficient applications on the Matchain platform.

Dimo, a pioneering platform designed for developers to create applications that allow car drivers to monetize their data, is set to migrate from the Polygon network to Coinbase’s Base layer-2 chain. Co-founder Rob Solomon emphasized that this transition opens up numerous opportunities for valuable partnerships. Dimo aims to establish a global API layer for cars, envisioning a future where vehicles are smart and programmable, potentially leading to innovations such as AI-driven car mechanics and smart parking solutions. This strategic move is expected to enhance collaboration possibilities, particularly with projects like Cario, which offers on-chain car ownership titles, and Blackbird, a restaurant loyalty company. The migration to Base is projected to occur in late 2025, as Dimo's team is currently assessing the technical requirements for the transition. Solomon reassured users that minimal action would be required on their part, likely just a simple button press. He expressed admiration for Polygon but believes that Base's robust infrastructure and credibility with large enterprises make it a more suitable environment for Dimo's growth. Base, developed by Coinbase, has already attracted numerous projects, including Chainlink and Aave, which Solomon views as a solid foundation for Dimo to realize its long-term vision of integrating blockchain technology into the automotive industry. Solomon envisions a future where Dimo's blockchain-based Vehicle ID system will replace traditional vehicle identification numbers (VINs), streamlining processes such as warranty claims and insurance management. He believes that the blockchain will serve as the new standard for vehicle registrations and ownership, with all transactions occurring on-chain. This transformative vision positions Dimo as a key player in the future of the automotive sector, aligning with the broader trend of digital integration that has become essential for modern businesses.

Arkreen is making significant strides in promoting transparency and community trust through its monthly token burn initiative. For November 2024, the total burn of $AKRE tokens reached 1,016,816.02, reflecting the company's commitment to sustainability and accountability. The process involves a service fee for issuing tokenized Renewable Energy Certificates (ART), with each ART equating to 1000 $AKRE. In November, Arkreen issued 370.91467 ART, collecting fees amounting to 370,914.67 $AKRE. Of this, 296,731.74 $AKRE was allocated for burning, while 74,182.93 $AKRE was directed to the treasury, enhancing the ecosystem's financial health. In addition to the issuance fees, November 2024 marked a pivotal moment for Arkreen with the introduction of service fees for on-chain ART offsets. This new initiative allocates 80% of the collected fees for token burns, reinforcing the deflationary model of the ecosystem. Each ART offset incurs a fee of 1 ART = 1000 $AKRE, with the Arkreen Foundation currently sponsoring these fees during the smart contract upgrade. In November, 900.10535 ART offsets were processed, resulting in 720,084.28 $AKRE planned for burning and 180,021.07 $AKRE allocated to the treasury. Looking ahead, Arkreen remains dedicated to its mission of fostering a sustainable and decentralized future. The token burns are a crucial aspect of maintaining a deflationary model, which not only enhances value for stakeholders but also supports the growth of decentralized renewable energy solutions. With a remaining supply of 9,988,588,639.63 $AKRE, Arkreen is poised for future success, with additional burns planned based on utility revenue. The community is encouraged to stay engaged as Arkreen continues its journey toward a greener tomorrow, with the next update expected in January 2025.

November proved to be a transformative month for Roam, as the decentralized WiFi solution celebrated significant milestones and introduced exciting new features. The standout moment was the achievement of surpassing 1 million registered users globally. This remarkable growth is a testament to the increasing demand for Roam's services, which now includes over 900,000 active self-built nodes and the issuance of more than 1.5 billion Roam Points. With each new user and node, Roam is advancing its mission to provide accessible and reliable WiFi for everyone, everywhere. In addition to its user growth, Roam made headlines by securing the top position on DePINscan, ranking first among decentralized infrastructure projects. This rapid ascent from second to first place in just one month highlights Roam's commitment to revolutionizing connectivity. The community's contribution of over 900,000 nodes through the addition of WiFi hotspots and Roam miners has been pivotal in this achievement. Users can earn Roam Points, which will be convertible to $ROAM tokens after the token generation event (TGE), further incentivizing participation in the network's growth. Moreover, Roam launched the eSIM Top-Up feature, enhancing user convenience by allowing seamless balance top-ups without the need to switch eSIMs. This feature is available in over 160 countries and is accompanied by a promotional offer that rewards users for their first top-up. Additionally, the Spooky Halloween 2024 event engaged the community with over 260,000 gifts opened and 26 million Roam Points burned. Roam also initiated quest campaigns that attracted over 17,000 participants in just two weeks, successfully onboarding new users and fostering engagement across various platforms. These developments collectively underscore Roam's dedication to enhancing user experience and expanding its decentralized WiFi network.

As December 2024 approaches, the cryptocurrency market is witnessing a surge of innovation and competition among several prominent projects. Notable contenders such as Sui (SUI), Sei (SEI), Bitcoin Cash (BCH), Injective (INJ), and BlockDAG (BDAG) are each carving out their niches in areas like decentralization, scalability, and practical adoption. This article explores the unique attributes of these cryptocurrencies, including their current prices, future potential, and technological frameworks, to identify which may be the most advantageous investment as the year draws to a close. BlockDAG has made headlines with its impressive presale, surpassing $158 million and selling over 16.9 billion coins. Currently priced at $0.0234, this represents a staggering 2240% increase from its initial offering. The ecosystem is thriving, with over 270,000 users engaging through its X1 Miner App, which simplifies crypto mining. Additionally, the TG Tap Miner game has attracted over 71,000 participants, further enhancing user engagement. Analysts predict a potential 30,000x return on initial investments, highlighting BlockDAG's transformative potential in the blockchain space. Meanwhile, SUI has seen a remarkable 97.10% increase in just 30 days, driven by a robust DeFi ecosystem that peaked at a total value locked (TVL) of $1.75 billion. Sei is also gaining traction due to its low latency and high-speed transactions, with analysts forecasting a potential price surge to $2 or even $10. Bitcoin Cash continues to thrive as a decentralized payment method, recently trading at $505, while Injective is making strides with its AI-enhanced DeFi solutions. Overall, while all these projects show promise, BlockDAG stands out as a leading candidate for investment in December 2024 due to its exceptional growth and innovative approach.

The Titan blockchain network is set to undergo a significant upgrade, scheduled to take place from December 7, 2024, at 08:00 UTC to December 9, 2024, at 08:00 UTC. This upgrade aims to introduce token issuance capabilities, allowing users to mint uniquely identifiable tokens directly on the Titan chain. Additionally, it will prepare the network for its fourth testnet phase, which promises to enhance the overall infrastructure and user experience. During this period, the network is expected to experience an estimated downtime of 48 hours, during which staking operations, token transfers, and all other on-chain activities will be temporarily suspended. One of the key highlights of this upgrade is the introduction of the Token Factory, which will empower users to create their own tokens on the Titan blockchain. This feature is expected to foster innovation and expand the use cases for the Titan network. Furthermore, the fourth testnet will reward participants with TNT4 tokens, incentivizing engagement and testing of the new features. More details regarding the fourth testnet will be shared in forthcoming announcements, ensuring that the community stays informed about the developments. Validator node operators are urged to complete all necessary updates before the upgrade window to avoid penalties. Nodes that are not updated by the deadline will be taken offline, emphasizing the importance of maintaining synchronization to prevent service disruptions. The Titan Network appreciates the continued support from its community and encourages users to reach out via email or social media channels for any assistance during this transition period.

This week, JasmyCoin has experienced a remarkable surge, reaching its highest price since 2022, trading at $0.052. This impressive increase of 1,000% from its lowest point this year is largely attributed to the recent rally of Bitcoin, which hit a record high of $104,000. The rise in Bitcoin's value has positively impacted other cryptocurrencies, including Litecoin, Bitcoin Cash, and Ravencoin, all of which have seen significant gains. Additionally, JasmyCoin's popularity is reflected in its growing number of holders, which has increased to nearly 80,000 from 76,300 just a month ago, according to CoinCarp. In addition to the Bitcoin rally, JasmyCoin's partnership with IoTeX, a prominent player in the Internet of Things (IoT) sector, has further fueled its growth. This collaboration is expected to drive DePIN (Decentralized Physical Infrastructure Networks) innovation in Japan, a key market for the cryptocurrency industry. Major partnership announcements often lead to price rallies in the crypto space, and JasmyCoin is no exception. With a market capitalization now reaching $2 billion, JasmyCoin has gained significant traction among investors. Technical analysis of JasmyCoin reveals a strong performance throughout the year, characterized by the formation of a golden cross, where the 50-day and 200-day moving averages intersect. Furthermore, the coin has completed a cup and handle pattern, indicating a potential continuation of its upward trend. Analysts suggest that if JasmyCoin maintains its momentum, it could rise to $0.075, representing a 50% increase from its current level. However, this bullish outlook could be jeopardized if the price falls below the critical pivot level of $0.03662.

The Helium (HNT) token has recently experienced a significant price surge, recording an impressive 8.36% increase within a 24-hour period, reaching a new nine-month high. This upward momentum is accompanied by a trading volume of $59.31 million, reflecting a robust interest in the altcoin. Over the past week, HNT has surged by 35.17%, and a remarkable 42.76% over the last 30 days, indicating a strong bullish trend. Currently, Helium maintains its value above the $8.5 mark, with a Year-to-Date (YTD) return of 27.59%, positioning it at the 85th spot in the cryptocurrency market with a market capitalization of $1.503 billion. Technical indicators suggest that the bullish sentiment surrounding HNT could continue, with price targets set at $9.510 and $11.070. The Relative Strength Index (RSI) is nearing the overbought territory, while the 50-day and 200-day Exponential Moving Averages (EMA) show a consistent uptrend. This technical analysis hints at a potential continuation of the bullish price action throughout the week. However, market volatility remains a concern, and traders are left wondering whether HNT can maintain this momentum and reach a new 52-week high or if a correction is on the horizon. Looking ahead, if bullish sentiment prevails, HNT may retest its resistance level of $9.510. Conversely, should bearish trends emerge, the price could drop to its support level of $8.010, with further declines potentially reaching a low of $6.525. The all-time high for Helium stands at $55.22, recorded on November 13, 2021, raising questions about the long-term price prospects of the token. As traders and investors monitor these developments, the future of HNT remains a topic of keen interest in the cryptocurrency community.

In recent weeks, Helium Mobile has seen a remarkable price increase of nearly 125%, reaching $0.0022 on December 1st. However, in the last 24 hours, the token has experienced a slight decline of approximately 1.5%, bringing its current trading price to $0.00134. Helium Mobile, which launched in December 2023, is a decentralized mobile network service that integrates the Helium Network's peer-to-peer infrastructure with the Solana blockchain and partners with T-Mobile for 5G connectivity. The token serves as the network's built-in cryptocurrency, incentivizing users to deploy personal 5G hotspots that enhance the network's infrastructure. The primary function of Helium Mobile's token is to reward users who contribute to the network by setting up hotspots, which act as localized cell towers. Participants earn MOBILE tokens that can be used within the Helium ecosystem or traded externally. The token supports various applications, including decentralized connectivity solutions for IoT devices, package tracking, drone navigation, and lost pet recovery. As more users join the network, its strength and community-driven nature grow, fostering a robust decentralized mobile infrastructure. Looking ahead, analysts have varying predictions for Helium Mobile's price trajectory. CoinCodex suggests a potential surge of over 236%, with the token possibly reaching $0.004574 by January 2025. DigitalCoinPrice anticipates that MOBILE could surpass its previous high, projecting a price range between $0.00287 and $0.00299 by the end of 2024. However, Wallet Investor offers a more conservative outlook, estimating a maximum price of $0.00183 by December's end. For 2025, predictions range from $0.000226 to $0.00356, while by 2030, estimates suggest MOBILE could trade between $0.003684 and $0.0123. Despite the optimistic outlook, potential investors should remain cautious, as the cryptocurrency market is inherently volatile.