Golden Finance reported that Messari analyst Dylan Bane tweeted that according to Messari's predictions, the DePIN industry's revenue 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, making it impossible to validate the DePIN model. Throughout this year, several agreements have generated seven-figure or even eight-figure revenues, indicating that DePIN has the potential to capture the demand side that has so far constrained growth.