Or investor and developer interestBlockmate CEO described Hivello’s growth as a solid validation of the company’s early strategy. With investors bidding up Blockmate shares on the news, it’s clear that hype around DePIN’s potential is growing.
Why should I care?
For markets: Investor confidence in the DePIN sector is increasing.
DePIN’s rise has revitalized market sentiment, with the sector’s capitalization jumping to US$17.9 billion – a 14-fold jump that has caught attention across the industry. Companies that make passive income with cryptocurrencies easy, like Hivello, are attracting attention, and Blockmate’s stock movement shows how innovations in this space are real with investors.
The bigger picture: Decentralize the web to one device at a time.
The rise of DePIN is changing how digital infrastructure is built, allowing ordinary people to turn idle devices into sources of income. As Hivello and similar platforms lower barriers to adoption, both new entrants and established tech companies could accelerate the move away from central control — which could rewrite the economic and power dynamics of the internet in the coming years.
