⏀ @Fluence DAO 2025 Year Report quick highlights: Fluence crossed $1M in total network revenue (FLT + USD) on Dec 26, 2025 a solid milestone for real usage. The DAO also bought back around 8M $FLT from the open market, showing long-term commitment. Current treasury sits at: • 359M $FLT • $3.26M USDC Only about 25% of the total supply is circulating right now, with: • TVL: ~44.6M $FLT • pFLT supply: ~31M #DePIN #AI
Lately I have been paying more attention to infrastructure tokens rather than pure hype plays. It feels like this cycle is less about flashy narratives and more about who’s actually building the backbone of Web3.
A few that stand out to me: $FLT, $PHA , $BTT, and $AR . All of them are touching different parts of the same story decentralized infrastructure.
$AR (Arweave): is about permanent storage. If data is the new oil, Arweave is basically the long-term memory layer of Web3.
$BTTC (BitTorrent): focuses on decentralized bandwidth and distribution. It’s not new, but it’s still one of the most practical examples of real users + real network effects.
$PHA (Phala): is interesting on the privacy and secure compute side confidential smart contracts and data processing will matter more as AI and onchain data grow.
And then there is $FLT ( @Fluence ): which for me fits right into the emerging DePIN + decentralized compute + AI infra narrative. AI doesn’t just need models, it needs massive compute, and Fluence is positioning itself as a decentralized alternative to centralized cloud providers.
What stands out about Fluence is that it feels very builder-first.they are focusing on real GPU demand, real workloads, and how DePIN can actually compete with traditional infrastructure.
My take:
if Web3 is going to be more than speculation, these are the kinds of projects that shape the next phase storage, bandwidth, privacy, and compute. The less glamorous stuff, but probably the most important.