Odaily Planet Daily News Messari analyst Dylan Bane posted on X, stating that according to Messari's predictions, the DePIN industry revenue will exceed 150 million dollars next year. As we enter 2024, the supply side of DePIN has been established, but the revenue from the demand side is limited, making it impossible to verify the DePIN model. During this year, several agreements have generated 7-figure or even 8-figure revenues, indicating that DePIN has the potential to capture the demand side that has so far constrained growth.