Infrastructure
- Why DePIN Revenue Matters More Than Node Count
Node count is a vanity metric. Revenue per node tells you everything about whether a DePIN network actually works.
- What Filecoin's Utilization Jump Actually Proves
Filecoin storage utilization went from 3-4% to 36%. That's not a protocol story. It's an integration layer story, and it maps onto every DePIN network you're watching now.