Chainlink and Bittensor Lead the Pack of Top DePIN Projects by Social Activity

Revolut Adds XYO to Platform, Bringing DePIN Into the Mainstream

Table of Contents

LunarCrush, a platform that uses artificial intelligence (AI) to analyze digital assets, has revealed a list of the top 10 Decentralized Physical Infrastructure Network (DEPIN) projects based on social activity. Social activity consists of participating posts and interactions. These two procedures are used to verify the social activity of cryptocurrencies. Chainlink ($LINK) tops DEPIN’s top 10 projects by social activity.

In this ranking list, Chainlink ($LINK) dominates the market with 7.5K engagement posts and 2.9M interactions. Meanwhile, Bittensor ($TAO) is the runner-up in this race with 7.3K engagement posts and 608.6K interactions. This small difference of 0.2k in participating shares between these DEPIN projects shows that both are still in demand in the cryptocurrency market. Phoenix Group released this news via its official X account.

DEPIN Social Buzz is dominated by ICP with Render and Zebec showing a strong presence in the market

Internet Computer ($ICP) and Render ($RENDER) took third and fourth place with 4.0K and 2.3K post entries, respectively. These DEPIN projects show a significant variation in terms of participating posts, around 1.7 thousand. Moving on to interactions, the difference reached 643.6k. So, $ICP is at 862.8K, and $RENDER is at 219.2K in interactions, respectively.

Moreover, two other DEPIN projects received posts in the hundreds by social activity. In this, the first Zebec Network ($ZBCN) got 1.5k engagement shares and 214.3k interactions. Zebec Network (ZBCN) won by just 0.1k over its closest DEPIN project, Oasis (ROSE). Moreover, the next company is Oasis ($ROSE), which has positioned itself with 1.4k engagement shares and 202.2k interactions remaining in the market.

$ATH and $FIL dominate the interactions while SC and EGLD lag behind

Note that Aethir ($ATH) and Filecoin ($FIL) are very close to each other in terms of stakes involved, with 1.1k and 843 respectively. So, the difference between these DEPIN projects is 257. But they show a huge difference in terms of interactions, which is around 63.9k, and in this way, ($ATH) with 63.9k and $FIL) with 127.8k in interactions are placed.

In addition, there are two DEPIN projects that remain at the end of this ranking list. Siacoin ($SC) and MultiversX ($EGLD) took second and last place, respectively. In this race, both DEPIN projects received 852 and 746 engagement posts, and 37.9K and 66.0K interactions, respectively.