The ‘2024 DePIN Status’ report jointly released by Messari DePIN research analyst Dylan Bane and co-founder of Escape Velocity Ventures, Salvador Gala, provides a comprehensive analysis and review of the DePIN industry in 2024, as well as an outlook on the development prospects of DePIN in 2025. The report states that DePIN zone has 350 Tokens with a market capitalization of $50 billion. In 2024, the ‘on-chain battle’ of DePIN accelerated, and Solana and Base seized market share from other L1s. Local governments are seeking DePIN to solve infrastructure challenges. The report predicts that the DePIN sector may achieve a rise of 100-1000 times in emerging markets in 2025 and break through in a wider range of application scenarios. (Messari.io)