According to data from CoinmarketCap, the decentralized physical infrastructure network sector has a market cap of over $27 billion.
Decentralized Physical Infrastructure Networks (DEPIN) will have to overcome the lack of a cohesive narrative to reach mass adoption, Rashi Manch, co-founder of Motion Labs, said in an interview.
DePin has so many diverse use cases, many of which are so technical, that it’s often difficult to showcase public projects or achieve product-market fit, the Web3 executive said.
Despite this, the sector’s future remains bright, Munch said, citing US President Donald Trump’s pro-profit policies as a reason for optimism.
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