DEPIN Decentralized Physical Infrastructure Networks Sector : Bullish and Bearish Analyst Opinions

The sector is in a "trough of disillusionment" because the old model (giving tokens to hardware providers) is broken and inflationary. However, new projects like "Daylight" are finding alternative financing mechanisms. The sector is not dead, but it is undergoing a necessary pivot in business models. It is currently too early to buy the broad sector, but specific projects solving the "token inflation" problem represent the next wave of winners. Neutral/Watch. Monitor for projects that don't rely solely on token emissions to bootstrap hardware. The hardware-heavy nature of DePin makes it capital intensive and slow to scale compared to software-only crypto.