The #DePIN 2024 Report just uncovered, and we’ve got you covered with top key highlights 🔥📈

🌍Over 13 million devices globally contribute to DePIN nodes, with 4 of the 5 largest networks— Grass, Dawn, Roam, and Gradient—operating on #Solana .

With a $50B market cap across 350+ tokens, the DePIN sector trades at approximately 100x ARR.

📶 Wireless Revolution:

- Helium Mobile surpassed 100,000 mobile users.

- DAWN provides WiFi to 1.5 million households.

- Roam recorded 82 million check-ins across 1 million global WiFi hotspots.

💻 Computational Demand Surge:

Render's decentralized GPU network saw a 325% revenue increase from Q2 to Q4 2024.

⚡Peer-to-Peer Energy Market Growth:

- Starpower deployed over 16,000 devices in Asia.

- Srcful is pioneering a decentralized energy network in the EU.

- Decharge is promoting 7kW electric vehicle chargers in India and Southeast Asia.

📊Rising Proxy Data Demand:

- Geodnet's RTK base stations exceed 10,000 units.

- NATIX has mapped over 100 million kilometers.

- Cudis achieved a mapping heart rate of over 2 million

💰DePIN 2024 Fundraising:

Multicoin, Framework, a16z, and EV3 were among the highest conviction backers of DePINs.