Been watching how DePIN is quietly evolving into one of the more grounded Web3 narratives in early 2026 — especially around decentralized compute and AI infrastructure that actually delivers real-world utility instead of just hype.

Fluence ($FLT) stands out here as a solid 'cloudless' play: enterprise-grade decentralized VMs, containers, and now expanding GPUs from Tier-3/4 data centers, all verifiable on-chain and often 75-85% cheaper than AWS. It's positioning compute as a tokenized, global commodity to meet exploding AI demand — Vision 2026 roadmap looks focused on scaling that with real revenue buybacks.

Similar vibe in the space:

- Hivemapper ($HONEY) : crowd-sourced mapping via dashcams, hitting 37%+ global road coverage and steady enterprise traction (~$29-30M mcap).

- Grass ($GRASS ) : super passive bandwidth sharing for AI web data scraping, massive user base.

- Render ($RNDR ) : decentralized GPU rendering that's been a staple for creative/AI workloads.

These feel aligned in turning physical/digital resources into incentivized networks that solve actual problems (costly infra, centralization risks, data freshness). Not calling bottoms or anything, but the combo of DePIN + AI compute is one trend worth keeping an eye on this year. What are you seeing in this narrative? 🚀