Spheron Reaches $10 Million Annual Recurring Revenue Prior to the Introduction of $SPON Token on Base Platform
In the rapidly evolving world of technology, Spheron Network, a pioneering decentralized computing startup founded in 2020, is making significant strides. With a mission to decentralize cloud computing, one GPU cycle at a time, Spheron Network has surpassed $10 million in annual recurring revenue (ARR), demonstrating strong market traction for its platform that integrates both data center-grade and retail-grade GPUs and CPUs [1][4].
The upcoming launch of the native token of Spheron Network, $SPON, on Coinbase's Layer 2 network, Base, in Q3 2025, marks a significant milestone for the company. The $SPON token is set to be central to the Spheron ecosystem, enabling payments for computing resources, node staking, governance participation, and more. This deployment on Base L2 aims to provide scalable, cost-efficient operations while expanding access through the broader Coinbase user base [1].
Spheron Network is not resting on its laurels. The company is actively expanding several key product lines, including the Agent Marketplace, a platform for hosting and monetizing AI agents [5]. Additionally, Spheron is developing the DePIN Lending Module, which allows users to borrow and lend decentralized hardware [2]. These innovations support Spheron's mission to create a community-powered alternative to traditional, centralized cloud platforms.
In the context of the growing size of AI models and the increasing scarcity and expense of GPU resources, the need for decentralized alternatives is expected to increase [6]. Spheron Network is positioning itself as a pioneer in the DePIN (decentralized hardware infrastructure) space, with multiple product releases lined up, including the Agent Marketplace and the DePIN Lending Module [3].
Financially and operationally, Spheron boasts a robust decentralized resource base with over 766,000 CPUs, 10,300 GPUs, and 35,000 Mac chips contributed by 30,000+ active providers, totaling $24 million+ in compute resources shared [2]. The company has recently closed a strategic funding round backed by prominent investors, which will support onboarding more GPU resources, scaling programmable decentralized compute, and fueling AI-driven decentralized applications [2].
In summary, Spheron Network is solidifying its role as a leader in decentralizing cloud computing by expanding compute capacity and product offerings, launching the $SPON token for ecosystem governance and payments, and fostering AI-native infrastructure through key partnerships. Its trajectory shows strong institutional backing and real-world usage supporting its vision of a decentralized, scalable, and censorship-resistant compute platform [1][2][3].
References: [1] Spheron Network. (2025). Spheron Network surpasses $10 million in annual recurring revenue. Retrieved from https://www.spheron.network/announcements/2025/05/spheron-network-surpasses-10-million-in-annual-recurring-revenue
[2] Spheron Network. (2025). Spheron Network secures strategic funding round. Retrieved from https://www.spheron.network/announcements/2025/06/spheron-network-secures-strategic-funding-round
[3] Spheron Network. (2025). Spheron Network and Wire Blockchain form strategic partnership. Retrieved from https://www.spheron.network/announcements/2025/07/spheron-network-and-wire-blockchain-form-strategic-partnership
[4] Spheron Network. (2022). Spheron Network launches Model/Inference Marketplace. Retrieved from https://www.spheron.network/announcements/2022/10/spheron-network-launches-model-inference-marketplace
[5] Spheron Network. (2024). Spheron Network introduces Serverless Compute. Retrieved from https://www.spheron.network/announcements/2024/02/spheron-network-introduces-serverless-compute
[6] Gartner. (2023). Gartner predicts the need for decentralized AI infrastructure will increase. Retrieved from https://www.gartner.com/en/newsroom/press-releases/2023/01/gartner-predicts-the-need-for-decentralized-ai-infrastructure-will-increase
- In Q3 2025, the native token of Spheron Network, $SPON, will be launched on Coinbase's Layer 2 network, Base, allowing for governance participation, payment for computing resources, and node staking.
- The upcoming release of the Agent Marketplace, a platform for hosting and monetizing AI agents, is one of several key product lines Spheron Network is actively expanding to decentralize cloud computing further.
- The DePIN Lending Module, which allows users to borrow and lend decentralized hardware, is another innovation support Spheron's mission, aiming to create a community-powered alternative to traditional, centralized cloud platforms.
- With over 766,000 CPUs, 10,300 GPUs, and 35,000 Mac chips contributed by 30,000+ active providers, Spheron Network boasts a robust decentralized resource base, totaling $24 million+ in compute resources shared.
- Amidst the growing size of AI models and the increasing scarcity and expense of GPU resources, Spheron Network's position as a pioneer in the DePIN (decentralized hardware infrastructure) space, with multiple product releases lined up, is expected to be more relevant in the future.
