Multicoin Co-founder Predicts $100M Revenue for Helium, Hivemapper, and io.net by 2025
Kyle Samani, co-founder of Multicoin Capital, predicts that Helium, Hivemapper, and io.net will surpass $100 million in combined revenue by the end of 2025. These decentralized projects are already generating over $50 million annually, expected to triple their revenue due to expanding operations on the Solana blockchain. Multicoin Capital, which invests in blockchain technologies, believes 2025 will be pivotal for decentralized physical infrastructure networks (DEPINs), potentially reshaping industries through critical infrastructure decentralization. Samani highlights the firm’s commitment to driving innovation in this space, with ongoing support for projects like Solana, aiming to create more decentralized solutions globally.
Bullish
The prediction of significant revenue growth for Helium, Hivemapper, and io.net indicates strong confidence in decentralized infrastructure projects, particularly those leveraging Solana. This could increase investor interest and boost the prices of related tokens, as market participants anticipate these projects to play a crucial role in the broader adoption of blockchain technology. Historical trends show that positive forecasts and planned developments generally influence a short-term bullish sentiment, with potential long-term gains if the projects meet or exceed their expected milestones.