PinLink (PIN) Soars 33% After Website Revamp Before Pinnacle Mainnet Launch

PIN, the native token of PinLink, defied the broader market bearish trend to surge substantially in the past 24 hours. The token soared over 33% to an intraday high of $0.975 before retracing considerably to trade at $0.8218 at the time of writing.

This meteoric price uptick came as the border crypto market struggled amid growing market skepticism, further connoting how impressive the appreciation is. Notably, among other factors, PinLink’s announcement of revamping its website and the imminent pinnacle mainnet launch have spurred this upward trajectory.

PinLink Upgrades its Website Ahead of Pinnacle Mainnet Launch

In an X post today, PinLink revealed that it was revamping its platform ahead of the Pinnacle mainnet launch in March. The real-world asset (RWA) tokenized DePIN protocol stated that the upgrade would reflect its befitting prowess in the sector. 

With the launch of the Pinnacle mainnet in March, we’re revamping our website to provide the blue chip feel befitting of the world’s largest RWA marketplace for physical assets.

Here’s a sneak peek 👇 pic.twitter.com/KaIN8fTyMi

— PinLink (@PinLinkAi) February 26, 2025

The platform will reduce costs for AI developers while creating new revenue for asset owners. Meanwhile, Pinnacle Mainnet, the heart of PinLInk’s marketplace, will allow tokenized revenue streams from real mining operations to be listed, bought, and sold upon its launch.

What to Know About Pinnacle

On January 6th, PinLink revealed its plans to expand its product suite into several new markets in Q1 2025. With each product aiming to have its own sub-brand, PinLink unveiled the Pinnacle project. 

Termed a flagship RWA-Tokenized DePIN Marketplace, Pinnacle’s testnet went live on January 20th, offering a first look at fractionalized DePIN. Pinnacle enables fractional ownership of income-generating devices, such as GPUs, miners, and nodes, represented as ERC-1155 tokens.

By owning these tokens, participants gain access to a share of the income streams generated by the underlying assets. This approach democratizes access to DePIN assets, expanding the addressable market for DePIN participation.

Meanwhile, the Pinnacle marketplace integrates assets from leading ecosystems, including Aethir, Akash Network, Arweave, and others. Thus, it is the first true one-stop shop for DePIN assets.

PinLink’s Pinnacle Launches in March

Pinnacle will launch in March and offer an RWA marketplace for physical assets. The platform has already secured over $4 million of inventory. 

In a recent tweet, PinkLink highlighted that Pinnacle will provide fractional asset APRs upon its launch. Remarkably, the platform will offer annual percentage rates up to 87% and unite 16 RWA and DePIN ecosystems under one roof. 

Moreover, PinLink has also established partnerships with other DeFi platforms, such as Pendle and Maple Finance, to develop a Service User Rebate Fund. The fund reinvests transaction fees from Pinnacle into yield-generating opportunities, providing discounts for AI developers who use DePIN assets. 

Notably, PinLink’s partnerships with end-user gateways, including Plume and ParallelAI, will bring Pinnacle to a broader audience of AI developers and RWAfi participants. Over $2 million worth of assets will list on Pinnacle from day one, and the hype surrounding its launch has already driven PIN’s price upwards.

Nonetheless, PIN trades about 81% below its all-time high of $4.28, which it attained on December 11. Data from CoinGecko also shows that the asset is down 8.7% and 13% in the weekly and biweekly timeframes, respectively.

The post PinLink (PIN) Soars 33% After Website Revamp Before Pinnacle Mainnet Launch appeared first on Cointab.