Decentralized Physical Infrastructure Networks (DePin) are transforming the tech by enabling decentralized projects in real-world infrastructure.

Here’s what happened in DePin sector recently: Aethir partnered with LayerZero to support blockchain development, The Graph announced a new GRC-20 standard for Web3 data, and Barry Silbert’s DCG launched the Yuma ecosystem accelerator.

Aethir Integrates LayerZero

Aethir, the DePin “GPU-as-a-service” network, recently announced a new partnership with LayerZero to support blockchain development. Specifically, Aethir claimed that this partnership will transform the company into a “multichain AI and gaming ecosystem.” This investment aligns with Aethir’s other recent collaborations for AI-centric game development.

“With the help of LayerZero, Aethir’s DePIN stack will transition to a multichain network infrastructure, which will ease the Aethir GPU infrastructure’s upcoming migration to Sophon’s ZK chain. LayerZero’s omnichain technology will maintain network stability [while] ensuring a frictionless experience for the Aethir community,” the company’s blog post claimed.

Although Aethir’s core business model is ostensibly a DePin GPU network, the firm has been heavily investing into AI gaming development. Last month, it launched a $100 million ecosystem fund to support independent developers in this sector. Earlier today, it also announced DePin Stack integration to further optimize its cloud gaming services.

The Graph Introduces GRC-20 Standard

The Graph, a decentralized blockchain indexing system, made a blog post announcing their new GRC-20 Knowledge Standard. This will create a new baseline for Web3 data, specifically how it is structured, stored, and connected, similar to the ERC-20 protocol for Ethereum. This comes after developer Yaniv Tal proposed a practical implementation via GitHub:

“Knowledge is created when information is linked and labeled to attain higher understanding. This document outlines [a] serialization format for knowledge data that is anchored onchain, shared peer-to-peer or stored locally. Using this standard, any application can access the entire knowledge graph, [producing] knowledge [to] become part of The Graph,” Tal said.

The Graph stated in its blog post that it hopes to replace the Resource Description Framework (RDF), the current Web3 knowledge standard. GRC-20 will improve on RDF in multiple ways, being Web3-native and less reliant on centralized server operators. Additionally, it will render data in an easily visualized manner, important for “cumbersome and complex” proposals.

DCG Launches Yuma Ecosystem Accelerator

Digital Currency Group (DCG) announced the launch of Yuma, a new subsidiary led by DCG founder Barry Silbert. Yuma will be an “ecosystem accelerator” for startups on Bittensor’s platform, hoping to decentralize AI development.

“Yuma offers startups and enterprises access to everything they need – including capital, technical resources, and operational support – to deploy their innovative ideas onto the Bittensor network. Yuma will shift the transformative power of AI and machine learning away from centralized companies to an open and accessible resource for all,” Silbert stated.

Analyst Mark Jeffrey called Yuma “sort of a Y Combinator for decentralized AI apps,” and said that Silbert had more conviction for this project than anything since the early days of Bitcoin. Silbert himself retweeted these comments, validating the sentiment. This new resource could provide radically transformative benefits for new AI developers.

Binance Labs has announced its investment in Kernel, a restaking infrastructure designed to enhance security and utility on the BNB Chain. 

Kernel aims to use restaking to transform BNB’s security into programmable trust, supporting a range of crypto services, applications, and middleware.

Kernel Will First Launch On the BNB Chain

The initial rollout will focus on integrating BNB Liquid Staking Tokens (LSTs) and restaked BNB as economic security to drive innovation in DeFi on the BNB Chain. 

Also, Kernel plans to expand by incorporating Bitcoin and its derivatives into its restaking framework. Over 20 decentralized applications (dApps), will utilize Kernel’s economic security. This will include AI co-processor Mira and ZK proof aggregation protocol Electron

Meanwhile, collaborations with projects like ListaDAO, Solv, and YieldNest will further enhance the utility of restaked assets. Kernel’s long-term vision includes scaling its infrastructure to additional layer-1 blockchains.

Kernel’s approach integrates native and liquid staking tokens from BNB, BTC, and other yield-bearing assets. This will likely optimize the asset’s utility and improve capital efficiency.

“Kernel exemplifies the type of innovative project that aligns with Binance Labs’ mission to bring more users onto Web3 by supporting meaningful technology and advancing the ecosystem,” Alex Odagiu, Investment Director at Binance Labs said in a press release.

This investment follows Binance Labs’ recent backing of Lombard, a Bitcoin-focused liquid staking platform. Lombard’s LBTC token currently captures 40% of the Bitcoin liquid staking token market and aims to expand its secure multi-chain staking protocol.

Additionally, Binance Labs has ventured into the decentralized science (DeSci) sector.  The firm recently invested in BIO Protocol, marking its first entry into this field. 

Overall, Binance Labs’ has seemingly adopted a broader strategy to diversify its $10 billion portfolio into innovative and impactful sectors.

Ethereum (ETH) price has climbed 46.11%, marking impressive growth but still making it the second-worst performer among the top 10 largest cryptocurrencies. Its recent rally is supported by increasing whale accumulation and a 7-day MVRV signaling neutral to slightly bullish sentiment.

However, key resistance at $3,600 could determine whether ETH continues its upward trajectory toward $4,000 for the first time since December 2021. On the downside, a reversal could lead to a significant correction, with strong support at $3,000 and a potential drop to $2,359 if bearish pressure intensifies.

ETH 7D MVRV Shows An Important Threshold To Be Surpassed

Ethereum MVRV 7D is currently at 3.8%, signaling a neutral to slightly bullish position in terms of short-term profit-taking behavior. The MVRV 7D metric compares the market value to the realized value for coins moved in the past seven days, providing insights into the profitability of recent traders.

When MVRV 7D is low, it indicates that traders are holding at a loss or minimal profit, reducing selling pressure, whereas higher values suggest increasing profit-taking risks.

Historically, ETH price has struggled to maintain upward momentum when its MVRV 7D enters the 5–7% range, often triggering corrections. However, its recent rise to 13% before a 10% correction shows that breaking this zone could fuel sustained bullish momentum.

If MVRV 7D exceeds the 7% threshold again, ETH price may experience significant gains, potentially surpassing 10%, as bullish sentiment builds and traders resist taking profits in anticipation of further upside.

Ethereum Whales Are Back

The number of Ethereum whales holding at least 1,000 ETH is nearing its monthly high of 5,561, currently sitting at 5,557. Tracking whale activity is essential because these large holders significantly influence market trends through their buying and selling behavior.

Increases in whale numbers often signal growing confidence in the asset, supporting price stability or upward momentum, while declines can indicate reduced interest and potential selling pressure.

After rising from 5,527 to 5,561 over six days, the number of whales dropped to 5,535 on November 20, suggesting a brief period of profit-taking or reduced accumulation. However, the recent recovery to 5,557 within a week reflects renewed interest and accumulation among large holders.

This rebound suggests growing optimism in the market, which could support Ethereum price stability and pave the way for further upward movement if the trend continues.

ETH Price Prediction: Can It Get Back To $4,000?

If Ethereum maintains its current uptrend, it could soon test resistance at $3,600, a critical level for sustaining bullish momentum.

Breaking above this resistance would place Ethereum price just 11% away from reclaiming the $4,000 mark, a price it hasn’t reached since December 2021. Such a move would likely fuel further optimism and attract more buying interest, reinforcing the upward trend.

However, if the uptrend slows and reverses, ETH price will have strong support at $3,000, a key level to prevent significant declines.

If this support fails, the price could drop as low as $2,359, marking a potential 31% correction from current levels.