ChainCatcher Message, Messari analyst Dylan Bane stated on X that the DePIN industry is expected to achieve revenue breakthroughs in 2024, projected to exceed $150 million. 🎉

While the supply side of DePIN has largely matured, the revenue growth on the demand side still faces challenges. However, several agreements have already achieved seven-figure or even eight-figure revenues, bringing hope for the future development of the DePIN model. 📈

This trend indicates that, despite currently limited revenue on the demand side, DePIN still has the potential to overcome growth bottlenecks and welcome a broader market outlook. 🔍