The Decentralized Physical Infrastructure Network (DePIN) is reshaping the blockchain space through its innovative use of existing infrastructure and data-centric business model.DePIN transcends traditional IoT frameworks and stands out for its decentralized efficiency and cost-effectiveness.This report explores the rapidly growing DePIN space, particularly in the Solana network, which is known for its solid infrastructure and innovative applications.DePIN projects prioritize actual profitability over speculative finances and play a key role in integrating technologies such as privacy enhancement, zero-knowledge proofing, and artificial intelligence.DePIN’s strategic combinability with other ecosystems is positioned to transform economic systems through data integrity and scalable solutions.As the leading platform for DePIN, Solana exemplifies the integration of high-performance blockchain technology with the physical network, promising significant economic returns and pioneering new ways to merge the technology with real-world applications.This article was written by the research team at HTX Ventures, the global investment arm of Firecoin HTX, which integrates investment, incubation, and research to identify the world’s most talented and promising teams.Currently, HTX Ventures is backing more than 200 projects spanning a number of blockchain tracks, with a number of high-quality projects already live on Firecoin HTX trading.While DePIN is called Decentralized Physical Infrastructure Network, the core business growth logic is not the hardware itself, but how to make more efficient use of data, whether it’s data storage, data transfer, data sharing, or data usage.DePIN does not need to benchmark against traditional IOTs, nor does it need to be divided into Web2 or Web3 when thinking about it, as long as it is able to utilize the data more efficiently and do a better job of distributing it economically, it’s a good thing.The development of DePIN will incorporate blockchain to address the issue of data trustworthiness, while at the same time unfolding large-scale protocols along the Internet of Things to create an infinite web of people and people, people and machines, and machines and machines.When looking at DePIN projects, it is more important to discard speculative or financial attributes, which are more applicable to defi, meme, Brc20, etc. DePIN projects should be examined in terms of their real profitability.In the short term, the DePIN track is worth looking at for combinability with other ecosystems, including DePIN x Privacy, DePIN x Gaming, DePIN x ZK, and DePIN x AI, and in the long term, the blueprint for the future of DePIN includes a gig economy, a sharing economy, and trustworthy data.The Solana Network has become the blockchain of choice for DePIN project deployments, with Solana DePIN representing over $10 billion in FDV and $4 billion in market capitalization.Solana’s strengths in DePIN development includePerformance Advantages Stacked with Technology UpgradesStrong Token Standard and EcosystemCost advantages