DePIN’s Silent Struggle: Why One of Crypto’s Most Useful Sectors Lacks Market Attention
DePIN struggles for market attention despite its utility due to slow build cycles and investor preference for hype over infrastructure.Summary
Decentralized Physical Infrastructure Networks (DePIN) are struggling to gain market attention, declining over 74% in 2025, despite offering fundamentally useful, real-world infrastructure solutions like decentralized wireless coverage and storage. Experts attribute this weakness to several factors: the slow pace of building tangible infrastructure clashes with the crypto market's demand for fast narratives and overnight successes. Furthermore, investors often prioritize easily tradable assets over complex infrastructure plays, focusing on token value rather than usage metrics like speed and reliability. This has created a widening gap where network usage and fees are surging (e.g., October fees hit a record $2.5 million), while token prices sink, reflecting a decoupling of fundamentals from market sentiment. Experts believe DePIN is poised for a breakout, potentially mirroring the utility-driven shift seen in privacy coins, especially as enterprise adoption provides measurable proof of concept, positioning DePIN as crypto's essential bridge to the real economy.
(Source：BeInCrypto)