Decentralized Physical Infrastructure Networks (DePINs) have gained a significant position in the blockchain ecosystem by linking the real world and digital infrastructure. As per the data from Phoenix Group, $TAO, $EGLD, $RENDER, $HOT, and several others are leading the DePIN projects based on social activity. The analytics firm shared the list of these projects on its social media account.
$TAO takes the 1st position among the DePIN projects with 9.2K engaged posts and 1.9M interactions. Following that, $RENDER occupies the 2nd place with 8.9K engaged posts as well as 1.8M interactions. It precedes $EGLD which has taken the 3rd place in terms of social activity. The project has recorded up to 8.1K engaged posts. Apart from that, it has witnessed 1.2M interactions.
Subsequently, $ICP’s position is 4th in the Phoenix Group’s list with nearly 7.0K engaged posts. Additionally, the project’s interactions have touched the $1.2M spot. Coming after that, $HOT seizes the 5th place on the list. The project’s engaged posts and interactions have reportedly reached 6.6K and 613.8K in numbers respectively. Along with that, $AKT gets the 6th rank as its engaged posts have touched 2.8K in total. Moreover, the project has also seen up to 376.7K interactions.
Phoenix Group’s list moves on to add $FIL as the top 7th project dominating the social activity. In this respect, it has recorded up to 2.8K engaged posts while the number of its total interactions stands at $552.4K. $DIONE obtains 8th place in the list with 396.4K interactions as well as 2.8K engaged posts. Furthermore, $THETA occupies the 9th position in the list with 2.7K engaged posts along with 329.6K interactions. The last entry in the list is $TRAC as the project has recorded 215.5K interactions and 2.3K engaged posts.