The crypto market did not fare too well over the last seven days, with most of the altcoins noting a decline. However, heading into the second half of June, certain external developments could trigger a recovery in altcoins’ prices.
BeInCrypto has analyzed three such altcoins for investors to watch in the coming days and the direction in which they are heading.
Immutable (IMX)
Immutable X staking is set to transition to Immutable zkEVM this week, marking a significant milestone for the network and its users. This move is expected to bring bullish momentum to the platform, potentially influencing the price of the native token IMX in the coming days.
IMX has experienced an 8.7% decline over the past week, with the current price at $0.47. The altcoin is struggling to hold support at $0.46. However, if it successfully secures this level, IMX could target the next resistance at $0.49, with potential gains extending toward $0.53.
The Parabolic SAR is currently above the candlesticks, indicating a growing bearish trend. If this pattern holds, IMX’s price may continue to slide. A drop below the $0.44 support would signal further weakness, invalidating the bullish outlook and increasing the risk of additional losses for investors.
Reserve Protocol (RSR)
RSR is set to undergo its second-ever burn on June 20, following the successful 1.28 million RSR burn on May 21. This event is expected to play a key role in shaping the altcoin’s price action, potentially providing a catalyst for a new wave of investor interest and price movement.
The last RSR burn led to a notable 13.7% price surge. A similar short-term bullish scenario could unfold after the upcoming burn, particularly with the MACD indicator signaling a bullish crossover. If this momentum continues, RSR could target $0.0073, with the next resistance point at $0.0081, drawing further investor attention.
However, if broader market sentiment turns bearish, RSR might struggle to maintain support levels. A break below $0.0064 or $0.0059 would indicate significant weakness and invalidate the current bullish outlook. In this scenario, the altcoin could face a prolonged decline, making careful monitoring of market cues essential for traders.
THORChain (RUNE)
RUNE price has decreased by 5% over the past week, trading at $1.54, just below the $1.57 resistance level. This comes ahead of the V3.7.0 upgrade scheduled for THORChain later this week, which is expected to bring substantial improvements to the network, potentially impacting RUNE’s price.
The upcoming V3.7.0 upgrade introduces a range of changes to the THORChain network, which could lead to a surge in RUNE’s price. The Ichimoku Cloud also suggests a bullish momentum for the altcoin. If RUNE manages to reclaim $1.57 as support, it could drive the price towards $1.67, attracting further investment.
However, if broader market conditions turn bearish, RUNE might face a downward correction. A drop below $1.50 could signal further weakness, with $1.39 acting as the next support level. A break below this level would invalidate the bullish outlook, likely extending losses for investors.
Decentralized Physical Infrastructure Networks (DePIN) was one of the most talked-about sectors in crypto and experienced substantial growth in 2024. However, as crypto metas like meme coins, NFTs, and others regain traction, DePIN has struggled to maintain its momentum.
This year, it has fallen behind in the race for investor attention. Nonetheless, Naman Kabra, CEO and co-founder of NodeOps, a DePIN protocol, emphasized that the sector isn’t dead; rather, it will have an inevitable breakthrough in 2025.
Why Was DePIN Famous?
Naman Kabra explained that DePIN’s initial growth was driven by crypto’s promise of decentralizing critical infrastructure. Projects like Helium demonstrated how decentralized networks could efficiently deploy physical infrastructure, outpacing traditional telecom providers.
“This wasn’t cost arbitrage but proof that decentralized coordination could outperform centralized planning in complex infrastructure deployment. For those of us who understood Bitcoin’s distributed consensus breakthrough, seeing similar principles applied to physical infrastructure felt like crypto’s natural evolution,” Kabra told BeInCrypto.
He added that DePIN offered investors a solution to the artificial scarcity and geographic monopolies controlled by traditional providers. For developers, it provided the chance to build on infrastructure that would grow more decentralized over time rather than succumb to the rent extraction and platform risk posed by centralized services.
Nonetheless, this year the sector hasn’t had the best time. According to Onchain Magazine, the total market capitalization of DePIN projects reached $25 billion in 2024. However, since then, the market has experienced a noticeable decline in value.
Despite this, Kabra noted this ‘slowdown’ is simply the sector maturing. He said that this process,
“Represents the sector’s transition from speculative excitement to infrastructure reality, a process that always appears less dynamic than token-driven narratives but creates more sustainable value.”
“Early Bitcoin adoption was driven by ideological conviction and speculative opportunity. The first major cycle brought mainstream attention but also unsustainable expectations. The crash and subsequent bear market winnowed out projects that couldn’t deliver utility without speculative support. DePIN is following a similar path,” he mentioned.
Kabra stressed that the initial surge of interest provided crucial attention and capital to validate the technical viability of DePIN projects. Now, in this ‘apparent slowdown’ phase, focus is shifting from speculative token growth to proving long-term utility. Thus, filtering out weaker projects ultimately strengthens the sector by highlighting what approaches deliver real value.
Why DePIN’s ‘Boring’ Trajectory Is Its Biggest Strength in 2025
While DePIN’s potential is strong, its popularity isn’t. According to data from Sharpe AI, over the past three months, layer1, DeFi, meme coins, and real-world assets’ mindshare has grown, continuing to dominate crypto discussions. In contrast, DePIN remains a little far down in this list.
This raises the question: Is DePIN the most boring crypto narrative in 2025? According to Kabra, this narrative that DePIN is ‘boring’ reveals a fundamental misunderstanding of how transformative infrastructure operates.
“This perception actually signals DePIN’s maturation beyond speculative excitement into genuine utility. The most successful technologies become invisible precisely because they work so well they fade into the background,” the executive said
Kabra pointed out that technologies like TCP/IP protocols and Amazon Web Services, though crucial to our digital lives, rarely make headlines or trend on social media. This invisibility paradox suggests that DePIN is transitioning towards real utility, moving beyond speculative hype into something more foundational and impactful.
“Infrastructure becomes interesting only when it fails, see for example power grids make headlines during blackouts, internet providers trend during outages. DePIN’s ‘boring’ trajectory indicates it’s achieving the ultimate infrastructure goal: reliable invisibility. While crypto focuses on meme coins and AI tokens, DePIN builders are constructing the infrastructure foundations for Web3’s next phase,” he added.
The DePIN proponent also noted that the sector faces a mismatch with crypto’s attention economy. In the crypto space, narrative velocity, short-term price fluctuations, and speculative excitement often overshadow the delivery of real utility and long-term value.
DePIN operates on infrastructure timelines, measured in years of steady development, whereas crypto’s attention spans are more attuned to rapid narrative cycles measured in just weeks.
This leads to the undervaluation of the sector, which generates real revenue from service delivery, compared to tokens promising unproven breakthroughs.
“The irony is profound: while speculators chase AI tokens that may never deliver on their promises, DePIN networks are solving real infrastructure problems that become more valuable as AI adoption accelerates. The computing resources needed for AI workloads don’t materialize from token speculation—they require the unglamorous work of coordinating distributed hardware, managing service quality, and creating reliable infrastructure,” Kabra highlighted.
He stated that the ultimate goal for DePIN isn’t to win mindshare within the crypto space but to become so integral to digital operations that its decentralized nature fades into the background as essential infrastructure.
“DePIN can be as boring as water… until you’re thirsty. And for many organizations facing AI-driven compute scarcity and cloud oligopoly pricing, that thirst is approaching rapidly,” Kabra commented.
“Far from being dead, 2025 marks DePIN’s inevitable breakthrough, not through speculative fervor, but through the quiet revolution of shared ownership meeting genuine necessity,” he disclosed to BeInCrypto.
Kabra argued that DePIN represents a return to crypto’s core principles. It offers a solution beyond the false choice between institutional adoption and mainstream utility. Furthermore, the space creates enterprise-grade and community-owned networks, addressing the growing scarcity of infrastructure driven by AI demand.
He added that as centralized providers focus on profit, DePIN provides a decentralized alternative that is becoming essential. This shift mirrors historical patterns, like the rise of alternative lending platforms after the 2008 financial crisis.
“The choice won’t be between decentralized and centralized infrastructure but between shared ownership and digital feudalism. DePIN offers a path where infrastructure serves users rather than extracting from them, where network effects benefit participants rather than platform owners,” Kabra declared.
Expert Sees Untapped Potential in DePIN
The NodeOps CEO outlined several key opportunities for innovation within the DePIN space, emphasizing that it is far from reaching its peak.
“Rather than reaching peak innovation, DePIN is entering its most crucial development phase. The infrastructure layer of any technology stack typically follows a predictable evolution: initial proof of concept, speculative expansion, market correction, and mature optimization,” Kabra claimed.
He explained that DePIN’s modular approach enables horizontal innovation throughout the infrastructure stack. The opportunities include:
AI-Native Infrastructure: DePIN can optimize infrastructure for AI workloads, offering dynamic resource allocation, specialized hardware for AI tasks, and geographic distribution for edge computing. This addresses demands that traditional infrastructure struggles to meet.
Edge Computing Democratization: DePIN networks are well-suited for the distributed model required by the growing number of IoT devices. By coordinating resources across diverse locations, rather than relying on centralized data centers, DePIN can optimize for latency, cost, and reliability.
Revenue-Based Tokenomics: Kabra highlighted the potential for DePIN projects to implement burn-and-mint mechanisms tied to infrastructure usage. This would establish sustainable token demand based on utility.
Hybrid Economic Models: Innovation is also happening in combining traditional business models with cryptoeconomic coordination, which can expand DePIN’s appeal beyond crypto-native users.
Evolving Economic Coordination Models: Lastly, he pointed out that a critical innovation opportunity lies in moving beyond simple token-for-service models to more sophisticated economic mechanisms. Early DePIN projects faced challenges with token utility design, creating artificial demand through staking or governance participation that didn’t align with the actual infrastructure value.
Kabra also identified several promising, yet underexplored, use cases for DePIN, offering new opportunities.
“The most promising unexplored territory lies at the DeFi-DePIN intersection, where infrastructure becomes financialized through new primitives. We’re seeing early experiments in infrastructure bonds, compute futures, and bandwidth derivatives that let users hedge or speculate on network capacity,” he revealed.
The expert drew attention to another significant frontier: the transformation from “rented ownership” to true ownership. In this model, end-user devices such as smartphones, laptops, or IoT devices become monetizable network nodes.
“This creates new economic models where users capture value from their own infrastructure usage rather than paying rent to platforms. These primitives enable infrastructure-backed lending, yield farming on network capacity, and governance tokens tied to actual resource provision—fundamentally restructuring how we interact with and benefit from digital infrastructure,” Kabra elaborated.
What Is Hindering DePIN’s Adoption?
In addition to focusing on its use cases, Kabra acknowledged several challenges preventing DePIN from mass adoption.
Technical Complexity: This arises from the gap between blockchain development and traditional IT expectations. Early projects required users to manage crypto wallets and understand tokenomics, creating friction.
User Engagement: These issues stem from forcing users to act as token traders, creating barriers for organizations that want infrastructure without crypto complications.
Coordination Challenges: It involves balancing supply and demand, with DePIN needing to bootstrap both sides while maintaining decentralization.
He explained that the solution to improving user engagement lies in creating multiple interaction layers. In this system, crypto users can engage directly with tokens, while mainstream users access infrastructure through traditional methods.
To tackle coordination challenges, Kabra suggested,
“The breakthrough occurs as networks reach critical mass, where market dynamics become self-sustaining. Early adopters provide initial supply and demand, token incentives bridge the gap during growth phases, and eventual network effects create organic coordination that doesn’t require constant intervention.”
What Will Make DePIN Interesting Again?
While Kabra advocated previously that DePIN doesn’t need to win mindshare, he still acknowledged the need to take steps to attract investor attention again.
“DePIN projects need to ignite curiosity rather than hide behind boring infrastructure narratives! The opportunity lies in making decentralized infrastructure irresistibly compelling—not just functionally superior,” he remarked.
According to him, to regain momentum in 2025 and beyond, DePIN projects can:
Gamify Participation: Make infrastructure engaging by offering interactive experiences like deploying nodes, earning credits, or contributing bandwidth.
Create Multi-Channel Experiences: Host events, workshops, and challenges that turn infrastructure into tangible, shareable moments.
Form Strategic Partnerships: Collaborate with traditional infrastructure giants while demonstrating DePIN’s advantages, creating market tension.
Introduce Novel Access Models: Use subscription, pay-per-use, or passive income models to make infrastructure personally compelling.
Promote Shared Ownership: Help users realize they co-own the internet’s future, fostering a sense of belonging and empowerment.
Create a Movement: Position decentralized infrastructure as a movement, not just a service, to inspire excitement and participation.
Thus, these strategies can make DePIN more engaging, compelling, and attractive to users and investors.
Gate.io, a world-leading cryptocurrency exchange, successfully concluded its 12th Anniversary Global Celebration in Dubai. The two-day series of events gathered investors, blockchain entrepreneurs, and industry leaders from around the world, injecting fresh energy and ideas into the Web3 space. The celebration was made possible with strong support from key partner Huawei, underscoring a pivotal moment in Gate.io’s brand evolution.
Charting the Path to “The Next-Generation Crypto Exchange”
At the main event, Gate.io Founder and CEO Dr. Han delivered a keynote speech, reflecting on the platform’s twelve-year growth journey and key achievements. He also presented the strategic vision for Gate.io, outlining a comprehensive upgrade in both technological capabilities and ecosystem roles for the future of the exchange.
Dr. Han noted that the past twelve years have been marked by a technology-driven, user-first, and long-term vision approach. Standing at a new starting point, Gate.io will continue to strengthen Web3 infrastructure and drive the broader global adoption of crypto. He emphasized, “We are advancing toward the ‘next-generation crypto exchange’. It is a transformation that not only signifies a leap in technology but also a comprehensive evolution in capability.”
Dr. Han further stated that a truly long-term leading exchange must possess five core capabilities: serving billions of users, supporting millions of tokens, executing trillions in trading, providing custody for trillions in funds, and adhering to compliance and regulations. “This is not just a vision of Gate.io. It is the path we are actively building.”
A Convergence of Ideas: Resonating with Web3’s Future Value
More than a celebration, the event served as a high-level forum for dialogue and reflection. During the Fireside Chat, Gate.io CBO Kevin Lee talked to IBC Group Founder and CEO Mario Nawfal for an in-depth discussion on the topic “Crypto Influence in 2025: Still a Net Positive?” In addition, Kevin joined Gate.io CGEO Laura to moderate two dedicated panel discussions, centered on “The drives of the Next Bull Run” and “The Real Value of Web3 Projects”, sparking widespread engagement and lively debate among attendees.
Cross-Industry Synergy: Creating New Web3 Social Experiences
Serving as a prelude, the SPORT3 DUBAI 2025 sports carnival took place on April 29. Featuring a range of athletic competitions including football, badminton, and padel, the event built a vibrant bridge between technology and sports, platforms and users, as well as industry partners. The atmosphere on-site was electric. Gate.io CBO Kevin Lee personally joined the football and padel matches, exemplifying team spirit and competitive drive, while Founder and CEO Dr. Han attended the event, bringing the carnival to an exciting climax.
The success of Gate.io 12th Anniversary Global Celebration reinforced the platform’s pioneering influence in the crypto space and delivered a bold message about the spirit and vision of Web3 connectivity, showcasing its strategic transformation toward becoming the “next-generation crypto exchange”. As Gate.io embarks on its next twelve-year journey, it will continue working hand in hand with global users and partners to usher in a more advanced, collaborative era in the digital asset industry.
Disclaimer:
This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more details, please read the applicable user agreement.
Altcoins like AIXBT, Echelon Prime (PRIME), and Balancer (BAL) have posted massive gains heading into the first week of May, but key technical indicators now suggest all three may be overbought. AIXBT is up nearly 95% on the week with strong price momentum, yet it still lags the broader market with a low relative strength.
PRIME and BAL have both surged over 30% in the last 24 hours, but each shows extreme RSI readings above 70 while also underperforming in relative strength—raising red flags about sustainability. While the rallies have drawn short-term attention, traders should be cautious as these tokens show signs of overheating without broader market confirmation.
AIXBT
AIXBT, one of the most recognized crypto AI agents tokens, has emerged as a top performer, surging nearly 40% in the last 24 hours and over 95% in the past seven days.
The Relative Strength Index (RSI) is a momentum indicator that moves from 0 to 100. Values above 70 mean the asset is overbought and may pull back. Values below 30 suggest it’s oversold and could rebound.
Relative Strength (RS) compares a token’s performance to a benchmark. RS above 1.0 means outperformance. Below 1.0 means underperformance. AIXBT has an RSI of 73.92 and an RS of 0.69. That technically makes it overbought, but still lagging behind the broader market.
This shows that AIXBT’s rally has been sharp, but not strong relative to other assets. The surge may be driven more by short-term speculation than sustained market strength.
Echelon Prime (PRIME)
Echelon Prime has surged 33% in the last 24 hours, making it one of the day’s top-performing altcoins.
Its trading volume has exploded by 276%, reaching nearly $16 million—an indication of heightened trader interest and momentum.
However, while the price action is impressive, technical indicators are flashing caution in the short term.
PRIME’s Relative Strength Index (RSI) currently sits at 74, firmly in overbought territory. At the same time, its Relative Strength (RS) is just 0.124.
This combination—high RSI and low RS—suggests the recent rally may be unsustainable.
While there’s strong short-term demand, the token lacks confirmation from relative market strength, making PRIME vulnerable to a sharp correction if buying pressure fades.
Balancer (BAL)
Balancer has jumped over 41% in the last 24 hours, supported by a sharp rise in trading activity, with volume climbing to $53 million.
BAL’s Relative Strength Index (RSI) is at 79.33, signaling extreme overbought conditions. Meanwhile, its Relative Strength (RS) stands at just 0.27, indicating it is still underperforming relative to the broader market.
