In a thrilling week for crypto markets, Bitcoin smashed past the $95,000 milestone, surging over 11% week-on-week. Major altcoins weren’t far behind — Ethereum, XRP, and Solana all clocked gains of at least 8%, signalling a broad market recovery and a fresh wave of liquidity.
Analysts are now eyeing the magic number — could $100K Bitcoin again, arrive sooner than expected?
DePINs On Fire
While Bitcoin stole the headlines, DePIN tokens quietly stole the show.
- Helium ($HNT) soared over 35% in the past month.
- PEAQ climbed more than 12%.
- Akash ($AKT) rocketed 14.4% just last week.
The momentum in DePINs was building — and now it’s undeniable.
Adding to the excitement, Grayscale — one of crypto’s most influential investment firms — for the first time, have spotlighted DePIN and RWA tokens in their Top 20 Picks for Q2. This major recognition shows that serious institutional money is now seriously eyeing DePINs — a huge validation for the sector.
Will Bitcoin Hit $100K in May?
Zooming into the charts:
BTC has been making consistent higher highs over the last 10 days. Even after a minor weekend pullback, Bitcoin held strong above $94K, and as of press time, is flirting around $95K.
Bitcoin pulls back after dropping below the $93k mark briefly. Source
Technical analysts note that while immediate resistance around $96K might cause some sideways action, a healthy consolidation between $94K-$96K could prime Bitcoin for another breakout — and yes, a real shot at crossing $100K.
Also, here’s how the Bitcoin’s upward trend looks on the charts:
After dropping to 76k, BTC pulled up to consolidate around $84k and $86k mark representing a near 10% shift. Further it moved up by another 10% to cross 90k and is now consolidating around $92k and $95k. If the trend continues, it may very well cross the $100k mark in May.
This is Dabba Time
During the last liquidity rush in late 2024, many DePIN projects saw their market caps skyrocket nearly 10x. Crypto analytics and research firm Messari in their State of DePIN 2024 report predicts DePINs could grow into a $3 trillion market by 2030.
And there’s more — in a recent op-ed, Raullen Chai (CEO of IoTeX) advocated for DePIN tokens to be considered in the upcoming U.S. Digital Asset Stockpile (DAS).
If DePINs were to enter DAS – or even considered for it – it could send DePIN tokens parabolic.
Amidst all this, Dabba stands uniquely positioned.
Thanks to its Layer-0 operational model — which allows other DePINs to deploy on top of it — Dabba isn’t just building connectivity; it’s laying the foundation for a DePIN superhighway.
Recently, Solana too gave a huge shoutout to Dabba with an exclusive explainer video focussing on Dabba’d journey and how it has grown over 8 years, bringing decentralised connectivity to communities that need it the most.
With DePINs gaining massive traction and Dabba’s TGE approaching fast, the window to snag 20,000 DBT token rewards is rapidly closing.
If there was ever a time for “More Dabba” — this is it.