With close to $900 million trading volume in the last 24 hours, DePIN is one of the strongest narratives in Web3 at the moment. So, which DePIN assets are trending and generating the kind of interest that precedes upward momentum? Based on tracking from the last one week, there are four you definitely want to look into.
DePIN (Decentralized Physical Infrastructure Networks) use blockchains and token rewards to develop infrastructure in the physical world across different fields, such as wireless connectivity, geospatial mapping, mobility, health, energy, and more. At time of writing, the total market cap of projects in the DePIN space is $18 billion. Pay attention to these ones:
(Research sources: X, Binance and Coingecko)
$FLT - Fluence Network
Fluence Network has to top this list. Very few DePIN projects have impressed in the past week but $FLT has been outstanding. Ships great tech for decentralized infrastructure, and acts as a custodian for the DePIN sector. Fluence creates an environment where all DePIN projects thrive and want to build with intention. The least anyone who comes across Fluence can do is learn deeply, and from DePINed podcasts to The DePIN Pledge to hosting IRL events, Fluence Vision (extending beyond 2026) must be taken seriously.
$ICP - Internet Protocol
Since its launch, ICP’s ecosystem has been steadily expanding with a variety of dApps and integrations. Developers worldwide are building on Internet Computer, taking advantage of its scalable architecture and web-like user experience. As of 2025, there are hundreds of projects running on ICP, spanning multiple sectors.
$ALEPH - Aleph Cloud
Aleph Cloud continues growing in the sector and gaining relevance, with a strong token performance this past week. They recently introduced GPUs for on-demand use, allowing developers to deploy private VMs, AI agents, and GPU workloads with full control over their data, code, and infrastructure. These developments underscore Aleph Cloud's commitment to providing scalable, affordable, and secure solutions for the Web3 ecosystem.
$PHY - DePHY Network
As the first project on Binance Alpha, you can't leave DePHY out. It is the current trend leader in DePIN and Web3 at large. After it was featured a week ago, the crypto community reacted wildly and generated spurts of hype that you rarely find in the DePIN sector. DePHY's core innovation is the ability to coordinate and incentivize distributed infrastructure deployment without central coordination.