Solana Gets Physical With DePIN
As Helium catches a bid, the crypto space is taking a closer look at Solana's decentralized physical infrastructure networks.
DePIN is catching a bid.
Momentum is building for the decentralized physical infrastructure networks as boosters see new paths for adoption and appetite for crypto outside of our frequently insular market.
Fueled by the breakneck growth of Helium Network's HNT, up 70% over the past 30 days, decentralized infrastructure networks have become central to conversations around how to showcase the practical utility of crypto. Whether or not this sector's narrative upswing is able to break the broader market out of its current rut, there's growing excitement around leveraging crypto to expand access to physical and virtual resources, especially through rising protocols on Solana.
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David Christopher
David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.
