Spheron Network, a decentralized compute infrastructure firm, has partnered with Hivello, a popular DePIN management entity. The partnership seeks to combine the decentralized CPU and GPU infrastructure of Spheron with the onboarding solutions of Hivello. As the official social media announcement of Speron Network discloses, the development provides convenience to individuals in joining DePIN and monetizing their idle resources. Keeping this in view, the collaboration intends to establish a community-led DePIN financial sector that expands beyond the conventional corporate control.
The partnership between Spheron Network and Hivello focuses on scaling the DePIN supply while also increasing earning options for the community. At the center of this initiative, both the entities pay considerable attention to scalability and accessibility across the DePIN ecosystem. In this respect, the consumer-friendly solutions of Hivello bring a vast number of users into the world of decentralized infrastructure, guaranteeing participation with reduced barriers. Additionally, Spheron delivers resilient CPU and GPU infrastructure modified for Web3 and AI workloads.
According to Spheron Network, the partnership aims to directly deal with bottlenecks in the case of resource supply, eliminating a key hurdle in the wider DePIN adoption. At the same time, Hivello enables convenient onboarding of exclusive consumers while Spheron ensures infrastructure dependability. Overall, this remarkable synergy is anticipated to broaden the strength of active contributors, apart from offering decentralized computing power for Web3, AI, and several other blockchain-led applications.

21Shares has filed for a Hyperliquid ETF, while Bitwise’s Solana staking ETF has a big day of trading as investors perk their ears toward altcoins. Asset manager 21Shares is seeking to launch an exchange-traded fund (ETF) tracking the token behind the perpetual futures protocol and blockchain, Hyperliquid, amid growing Wall Street interest in alternative cryptocurrencies.The company filed for the 21Shares Hyperliquid ETF with the Securities and Exchange Commission on Wednesday, which did not disclose a ticker symbol or fee. Coinbase Custody and BitGo Trust were named as custodians.It follows a similar filing for a Hyperliquid (HYPE) ETF from Bitwise last month. The token gives discounts on the Hyperliquid decentralized exchange and is used to pay fees on its blockchain. It has increased in value over the past year, in line with the service’s growing popularity.Read more
