Solana DePIN, which includes category leaders Helium, Hivemapper, and Render, has a combined market cap of $4 billion. Solana's focus on performance and network effects and the Solana Foundation's support of DePIN have given it a first-mover advantage with dozens of projects that have built innovative networks. This article details projects in wireless, storage, sensor, compute, service, and other categories of DePIN on Solana. It predicts more sectors, rollups, and convergence with RWAs, ultimately resulting in a parallel infrastructure system.
Tuesday, June 25, 2024