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While most of the market is locked onto AI, memes, and L2 rotations, real-world infrastructure feels like the overlooked theme this cycle. Connectivity the backbone for on-chain systems to interact with the real world doesn’t get nearly enough airtime.

 

That’s part of why the upcoming $ESIM listing on BingX is intriguing. BingX is a major global crypto exchange with spot, derivatives, and copy-trading services and a huge user base trading hundreds of tokens daily.

Yes, the zero-fee window until Jan 12 is a solid short-term incentive but the real question is adoption once incentives fade and the listing goes live.

If usage holds post-launch, it’s a strong signal that DePIN narratives  rooted in real-world utility can take center stage again, moving beyond pure speculation.

Is infrastructure the theme everyone still has underweight this cycle?

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