Analysis of Important Projects and Industry Dynamics in the DePIN Track

DoubleZero - The Web3 Highway on Solana

Recently, the DePIN newcomer DoubleZero Foundation received a $28 million investment, attracting industry attention. The core advantages of the project include:

1. The founding team has extensive experience and a wide range of resources in the Solana ecosystem. Founder Austin Federa previously served as the Strategic Director of the Solana Foundation and drove the implementation of several key projects.

2. The investment lineup is strong, including top VCs and the founder of Solana, demonstrating Solana's official strategic support for the DePIN track.

3. The technical solution is leading, using a dual-ring architecture to address the bottleneck of Web3 infrastructure. The outer ring is responsible for traffic filtering, while the inner ring processes transactions through dedicated lines, enhancing network efficiency.

The emergence of DoubleZero marks that the Solana ecosystem is actively laying out a physical infrastructure network, and is expected to become a pioneering force in this field.

Roam - Web3 Version of Starlink Network

Roam is another decentralized wireless network project based on Solana, currently with a circulating market value of about 60 million USD. Its main features include:

1. Provide seamless global WiFi and eSIM connectivity, covering over 190 countries.

2. With 2.3 million users and 2 million WiFi nodes, the scale is considerable.

3. Adopting OpenRoaming and eSIM technology, combined with blockchain incentive mechanisms and decentralized identity authentication.

4. Quickly accumulate users through methods such as挂机 (hanging in), sharing, etc., to create a good network effect.

Although Roam started relatively late, it is expected to achieve rapid growth in the upcoming bull market thanks to its technological advantages and support from the Solana ecosystem.

Solana DePIN ecosystem is developing rapidly

As of March 2025, the market value of the DePIN ecosystem on Solana has reached over 25 billion USD, far exceeding other public chains. The main advantages include:

1. High performance at low cost, suitable for DePIN projects with frequent trading.

2. PoH consensus and parallel processing capabilities can handle a large amount of real-time data.

3. The Solana Foundation actively supports DePIN projects and has established a special fund.

Solana is gradually becoming the preferred platform for DePIN projects, and a DePIN empire ecosystem is taking shape.

Other DePIN Industry Dynamics

1. IoTeX releases the 2025 roadmap, focusing on the DePIN+AI ecosystem.

2. The ETHDenver summit discussed the DePIN+AI regulatory framework.

3. The Solana Foundation held the DePIN Day event in Shenzhen.

Recent Financing Events

1. Shaga completed a $4 million seed round financing.

2. Geodnet raised $8 million in token financing.

3. Beamable completed a $13.5 million Series A funding.

DoubleZero received a $28 million investment.

The DePIN track continues to attract capital attention, showing immense development potential.