Decentralized Physical Infrastructure Networks (DePIN) projects have gained tremendous traction in the past year. In 2024, while crypto markets doubled, DePIN outpaced this growth, which can be attributed to artificial intelligence (AI) achieving global prominence. New data reveals that this nascent sector currently holds less than 0.1% of their $1 trillion+ addressable market. DePIN Is...Read More
2024 saw massive gains for the crypto market, but meme coins dominated the narrative. Owing to its notable resurgence, several meme coins even emerged as some of the top-performing cryptocurrencies of the year, contributing to the rise of new crypto millionaires along the way. Speculative Meme Coins Take Over Crypto According to CoinGecko’s report, meme...Read More
Solana’s decentralized finance (DeFi) is seeing a resurgence amidst a broader market rally. According to data compiled by DeFiLlama, Solana’s decentralized exchanges (DEXs) have hit a milestone, with daily trading volumes surpassing $5 billion for three consecutive days. This marks the first time such a feat has been achieved. During the week of November 10-16,...Read More