Ethereum

2024

Foundation

Cosmos

Coin

<ul class="news-points wp-block-list">
 <li>Ethereum dominates DePIN projects, with 57.5% of tokens launched on its blockchain.&nbsp;&nbsp;</li>
 <li>EVM-compatible chains lead DePIN growth, enabling cross-chain smart contract deployment.&nbsp;&nbsp;</li>
 <li>Some DePIN projects opt for custom ledgers, allowing full control but increasing complexity.</li>
</ul>
Ethereum has become the top blockchain for Decentralized Physical Infrastructure Networks (DePIN) projects. More than half (57.5%) of all DePIN projects launch on Ethereum, highlighting its dominance in this growing sector.
Ethereum’s established infrastructure and widespread use of smart contracts makes it the go-to option for DePIN projects. This also gives developers a reliable and familiar platform for building decentralized physical infrastructure networks.
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 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6e0.png" alt="🛠" class="wp-smiley" style="height: 1em; max-height: 1em;"> Ethereum leads the DePIN charge. 57.5% of DePIN projects are launching on Ethereum, with other chains like Solana, Binance, and Cosmos also making waves. EVM chains are dominating the landscape. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a1.png" alt="💡" class="wp-smiley" style="height: 1em; max-height: 1em;"> Which blockchain do you think is best suited for DePIN? <a href="https://t.co/jtldjA6vtS" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/jtldjA6vtS</a>— Onchain Foundation (@OnchainHQ) <a href="https://twitter.com/OnchainHQ/status/1841774762311258311?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 3, 2024</a>
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Other blockchains are also involved in DePIN deployments. Solana, Binance, Polygon, Arbitrum, and Cos…
The post <a href="https://coinedition.com/ethereum-dominates-depin-sector-powers-57-5-of-all-projects/" rel="noopener noreferrer nofollow">Ethereum Dominates DePIN Sector, Powers 57.5% of All Projects</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ethereum Dominates DePIN Sector, Powers 57.5% of All Projects

Coin Edition

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