NodeOps functions as a top-earning decentralized physical infrastructure network (DePIN) in 2024. Project analytics showed that it positioned as number four in revenue which demonstrated successful market growth in business expansion. The company issued press information regarding their achievement on 12. Feb .
The Ethereum project Glow earned the top position acquiring $20 million in revenue while Akash Network came in second position with $4 million and Braintrust stood third with $3.3 million earnings. Internal records from Dune report show that it earned revenue exceeding $2.5 million over the last 12 months.
Ethereum Ecosystem Fuels NodeOps Growth
It completed a macro-stage growth period covering product fit optimization and network infrastructure expansion along with a business rebranding initiative resulting in its recent success. The company achieved positive cash flow performance in the same period.
It launched its rebranding concept by transitioning Atlas Network into the new name of NodeOps Network. During its incentivized testnet phase NodeOps Network obtained participation from 282,000 verified users who created a total of 3.44 million registered wallets.
It uses its branding transformation as a foundation for its principal business service development which includes NodeOps Console, NodeOps Cloud and NodeOps Validator. The company actively develops an Agent Terminal that stands to enhance its product range.
In May 2024 IT started its seed funding stage where L1D acted as the primary investor backed by funds from Blockchain Founders Fund and Finality Capital to the tune of $5 million. The DePIN orchestration layer integrates with it to help over 80 blockchain networks that provide node operators with possibilities to deploy them across protocols including Movement Labs, CARV as well as Celestia, Avail, and Farcaster.
DePIN’s contributions toward its wider sector have resulted in 13 million devices in daily usage. During the 2024 bull cycle companies started deploying decentralized infrastructure which created a $50 billion increase in computer market value through the increased organizational adoption of these solutions.
The continuous revenue increase and strategic business approaches of NodeOps create essential market leadership for the company in the developing blockchain infrastructure sector.
