Crypto expert Meltem Demirors predicts that decentralized physical infrastructure networks (DePINs) will generate numerous multi-billion dollar ventures in the near future.
In a recent social media post, Demirors highlighted the potential of DePINs, which use blockchain to decentralize control over physical infrastructure like wireless networks and data storage.
quick slide rip – how i’m thinking about opportunities in the DePIN space
new resource networks are only one part of the overall landscape. there will be dozens of multi-billion dollar protocols and companies across the DePIN stack. bitcoin is the blueprint 😉 pic.twitter.com/w9IDkIFQTp
— Meltem Demirors (@Melt_Dem) July 6, 2024
She noted that Bitcoin’s success in creating a massive network and incentivizing substantial investments in mining hardware could serve as a model for DePINs.
Demirors envisions a future where DePINs, such as Render (RNDR), Filecoin (FIL), The Graph (GRT), and Akash Network (AKT), will proliferate, creating significant economic opportunities.
She also believes that while resource networks might become standardized, the tools for enhancing operational and financial efficiency will hold greater long-term value.
Litecoin is taking a major leap into the world of DeFi and Web3 with the launch of LitVM, a newly introduced Layer-2 network designed to bring smart contract capabilities to the long-standing cryptocurrency.
Binance has announced its full technical support for an upcoming upgrade to the Siacoin (SC) blockchain, scheduled for June 6, 2025.
MetaMask is making a major leap beyond Ethereum by adding support for Solana, marking its first deep integration with a non-EVM blockchain.
A significant portion of Ethereum validators are backing a proposal to nearly double the network’s block gas limit—an adjustment that could boost Layer 1 throughput without requiring a protocol upgrade.