Data from SoSoValue shows continued declines in DePIN-related tokens like Filecoin and Golem, with Bitcoin and Ethereum posting modest losses amid the broader market downturn.
The cryptocurrency market has fallen for a second straight day, with the DePIN sector down 4.22% in the past 24 hours, according to SoSoValue. Filecoin led losses within the sector with an 8.55% drop, followed by Golem’s 10.07% decline. Bitcoin slipped 0.74% but stayed above $95,000, while Ethereum eased 0.21% to around $3,300.