Foresight News reports that Messari analyst Dylan Bane tweeted that according to Messari's predictions, revenue in the DePIN industry will exceed $150 million next year. 'As we enter 2024, the supply side of DePIN has been established, but the revenue from the demand side is limited and cannot validate the DePIN model. Throughout this year, several agreements have generated seven-figure and even eight-figure revenues, indicating that DePIN has the potential to capture the demand side that has so far constrained growth.'