Solana is now powering DePin infrastructures amid a decline in memecoin hype.
Helium, Hivemapper, and io.net are some of the top projects on Solana at the moment.
Some projects built on the Decentralized Physical Infrastructure Network (DePin) are currently gaining relevance on the Solana (SOL) blockchain amid dwindling interest in the meme coin ecosystem. At the forefront of this movement are ventures like Helium and Hivemapper, both leveraging the Solana blockchain to foster community-driven infrastructural initiatives.
Helium Runs on Solana
Helium is a decentralized wireless network representing a prime example of how DePin projects are transforming traditional industries. Helium launched its decentralized wireless network in 2019 and grew its coverage worldwide. Right now, the Helium Explorer indicates that there are 392,090 hotspots worldwide.
Traditionally, cellular network coverage is determined by large telecommunication companies, leaving users with limited options. DePINs, li

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