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The DePIN Boom: Arweave, MultiversX, Helium & AIOZ Leading the Charge

CFN Feature Crypto
  • Arweave’s permaweb revolutionizes data storage by preserving content forever, rewarding miners with AR tokens for secure, lasting archives.
  • MultiversX leverages sharding to achieve unmatched scalability, enabling 100k+ TPS, paving the way for future decentralized applications.
  • Helium’s HNT token powers IoT connectivity, boasting 300k+ access points, securing its role in decentralized wireless ecosystems.

Decentralized Physical Infrastructure Networks (DePINs) are reshaping Web3, with tokens like Arweave, MultiversX, Helium, and AIOZ leading the way to scalability, connectivity, and seamless content distribution.

Arweave (AR): Building the Permaweb

  • Current price:$18.86
  • Market cap:$1.23B

Arweave is changing the data archiving concept through its new social network, which is intended to store data forever. The concept of ‘permaweb’ has been incorporated so that content will remain undiluted . Arweave is key to the further development of the web. Since it rewards miners with its AR tokens, Arweave ensures the safety and conservation of data for future generations.

MultiversX (EGLD): Leading Blockchain Scalability with Sharding

  • Current price:$38.02
  • Market cap:$1.06B

MultiversX, former Elrond, is advancing in the scalability of the blockchain by employing the sharding feature. Designed to handle an impressive peak throughput of 100,000 transactions per second, the architecture of MultiversX is fast and highly efficient. The EGLD token acts as the main  network, helping govern, enabling transactions, and rewarding users and participants. Currently, MultiversX occupies speed and scalability, which will support it in future decentralized applications.

Helium Network’s(HNT) Token Offers Unique Utility

Current price:$6.534

Market cap:$1.14B

Helium Network’s HNT token enjoys great coverage through the IoT ecosystem and is especially noted for its application in decentralized wireless networks. With over 300,000 access points, the giant IoT network of Helium ascertains that connectivity is secure and reliable. Investors looking to invest in HNT tokens can purchase them on exchange sites or mine them, which uniquely positions the token within the web3 space.

AIOZ Network(AIOZ) Advances Decentralized Content Distribution

Current price: $0.8911

Market cap: $1.02B

AIOZ Network utilizes blockchain technology to transform content distribution through decentralized physical infrastructure networks (DePINs). It ensures low-cost transactions and supports interoperability with Ethereum and Cosmos, making it accessible to developers and users. The platform enables decentralized applications (dApps) and smart contracts, offering extensive functionality. Its recent mainnet launch, compatible with MetaMask, simplifies asset bridging between networks. A recommended gas price of 1000000000 attoaioz ensures efficient mainnet transactions.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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