DePIN tokens face price challenges while some networks show growth

Reported by Bijie Network: The DePIN sector is facing persistently sluggish token prices, with many tokens down 94% to 99% from their peaks, but on-chain revenue has shown resilience and is expected to reach $72 million by 2025. Currently, leading blockchain networks are trading at about 10 to 25 times their revenue, which is a shift from previous speculative valuations. Analysts point out that the market's focus has shifted to fundamentals, with sustainable revenue models and models like InfraFi gaining recognition. Although public market performance lags behind, private investment remains active, with $1 billion expected to be raised by 2025.