NodeOps ranks 4th in DePIN revenue amid platform rebrand

Nodeops, an orchestration platform for leading blockchain nodes, has become one of the best physical infrastructure networks decentralized by income in 2024.

The high performance of the depp for the past 12 months has seen him rank fourth in the income classification. Nodeops shared the details of the milestone with Crypto.News via a press release on February 12.

Analysis data show Ethereum (EthnThe crypto-basé project on) Glow dominated the list with more than $ 20 million in income, while Kash and Braintrust ranked second and third with more than $ 4 million and $ 3.3 million, respectively . According to DunesTotal income from nodeops exceeded $ 2.5 million.

Nodeops rename the Atlas network

The nudeops milestone capped a 12-month success, with an adjustment of the product market, scaling the platform’s node solution as a service and the development of renamed renown keys . Nodeops have also become positive in cash flow.

As part of the brand change, Nodeops renamed Atlas Network to Nodeops Network. An incentive test for the platform has attracted more than 282,000 verified users and 3.44 million recorded portfolios. The change of brand aligns on the plans of Nodeops to extend its basic services, which include the Nodeops console, the Cloud Nodeops and the Nodeops validator. The project also has a development agent terminal.

In a comment, the chief executive officer of Nodeops and co-founder Namaan Kabra, said:

“The discovery phase of Nodeops Network indicates market demand far exceeding our first expectations. This positions us to evolve effectively and unlock new offers ”.

Nodeops raised $ 5 million in seeds in May 2024, with L1D leading La Ronde, which also attracted the Founders Fund and Finality Capital Blockchain. The platform, which offers a layer of orchestration, currently supports more than 80 channels, allowing node operators to deploy nodes on protocols such as Movement Labs, Carv, Celestia, Doalide and Farcaster.

Overall, the background sector has experienced significant growth, daily interactions exceeding 13 million devices. Meanwhile, the market capitalization of the sector reached $ 50 billion in the middle of the 2024 bull cycle.