Point cloud analysis has achieved outstanding performance by transferring point cloud pre-trained models. However, existing methods for model adaptation usually update all model parameters, i.e., full fine-tuning paradigm, which is inefficient as it relies on high computational costs (e.g., training GPU memory) and massive storage space. In this paper, we aim to study parameter-efficient transfer learning for point cloud analysis with an ideal trade-off between task performance and parameter efficiency. To achieve this goal, we first freeze the parameters of the default pre-trained models and then propose the Dynamic Adapter, which generates a dynamic scale for each point token, considering the token significance to the downstream task. We further seamlessly integrate Dynamic Adapter with Prompt Tuning (DAPT) by constructing Internal Prompts, capturing the instance-specific features for interaction. Extensive experiments conducted on five challenging datasets demonstrate that the proposed DAPT achieves superior performance compared to the full fine-tuning counterparts while significantly reducing the trainable parameters and training GPU memory by 95\% and 35\%, respectively. The code will be made available.