Geodnet, led by CEO Mike Horton, is revolutionizing GPS accuracy with a blockchain-powered network for centimeter-level precision. Utilizing over 7,000 GNSS stations, it incentivizes data quality through GEOD tokens and serves a diverse clientele, including the USDA.

Key points of this article: According to the data from the FT / Grayscale Cryptocurrency Industry Index Series, the cryptocurrency market experienced a pullback in the first quarter of 2025, while technology stocks and other risk assets also performed poorly. In the first quarter, the Bitcoin network activity indicators were generally healthy. In contrast, as trading of Meme coins on Solana slowed down, the usage of smart contract platforms declined. Among the five major segments of the cryptocurrency industry that we classified, blockchain applications accounted for three; these segments generated over $2 billion in revenue during the quarter. We have updated the top 20 asset list from Grayscale Research. This top 20 list covers a diverse range of assets across multiple sectors of the cryptocurrency industry, and we believe that these assets have high potential in the upcoming quarters. New assets this quarter include Maple (SYRUP), Geodnet (GEOD), and S.

Author: Shayon Sengupta, Multicoin Capital; Translation: 0xjs@Jinse Caijing Today, we are excited to announce that Multicoin, led by Multicoin, has strategically acquired the native token GEOD of the Geodnet network from the Geodnet Foundation for $8 million. Geodnet is a precision positioning network that utilizes the decentralized physical infrastructure network (DePIN) economic model to provide critical mission positioning services for drones, autonomous driving cars, and the tens of millions of robots that may emerge globally in the coming years.