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Home»Blockchain»NodeOps is in 4th place in Depin Revenue in the midst of Platformrebrand
Blockchain

NodeOps is in 4th place in Depin Revenue in the midst of Platformrebrand

2025-02-14No Comments2 Mins Read
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NodeOps, a leading blockchain nodeschestration platform, emerged as one of the best decentralized physical infrastructure networks with income in 2024.

The strong performance of the Depin Project in the past 12 months were in fourth place on the turnover leader board. NodeOps shared details of the milestone with crypto.news via a press release on 12 February.

Analytics data show the crypto project glow based on Ethereum (ETH) at the top of the list of more than $ 20 million in income, while Akash and Brainrust were in second place with more than $ 4 million and $ 3 respectively, respectively, respectively, respectively, respectively, respectively 3 million. According to Dune Data, the total turnover of NodeOps $ 2.5 million surpassed.

Maybe you also like it: Crypto exchanges saw nearly $ 19 T in trade volume in 2024, with 25% fall from 2021 peak

NodeOps Rebrands Atlas Network

The milestone for NodeOps has removed a successful 12 months, with product market fit, scale of the junction-as-a-service solution of the platform and a remarkable Rebrand marker key developments. Nodeops also became cash flow positive.

As part of the rebranding, NodeOps atlas Network renamed NodeOps network. A stimulated test network for the platform attracted more than 282,000 verified users and 3.44 million registered portfolios. The Rebrand corresponds to the plans of Nodeops to expand its core services, including Nodeops Console, Nodeops Cloud and Nodeops Validator. The project also has an agent Terminal in Development.

In a comment, NodeOps Chief Executive Officer & Co-founder Naman Kabra said:

“The discovery phase of Nodeop’s Network indicates the market demand that far exceeded our early expectations. This positions us to effectively scale and to unlock new offers ”.

NodeOps collected $ 5 million in his seed round in May 2024, with L1D liding the round, which also attracted blockchain founders Fund and Finality Capital. The platform, which a Depin Orchestration Layer offers, currently supports more than 80 chains, allowing nodes operators to use nodes on protocols such as Movement Labs, Carv, Celestia, B are benefits and Farcaster.

See also  What is DePIN? Bringing Physical Infrastructure to Blockchain

In general, the Depin sector has experienced considerable growth, with daily interactions that exceed 13 million devices. In the meantime, the market capitalization of the sector was achieved $ 50 billion in the midst of the 2024 bull cycle.

Maybe you also like it: Ethena unlocks 8 million tokens, price unaffected

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4th DePIN midst NodeOps place Platformrebrand Revenue
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