what's helium network?
Helium is a decentralized physical infrastructure network (DePIN) that enables individuals to deploy and own wireless hotspots for IoT and mobile connectivity. The network rewards participants with HNT tokens for providing coverage and data transfer services. It operates on blockchain technology to create a people-powered alternative to traditional telecom infrastructure. Key features include support for LoRaWAN for IoT, 5G for mobile, and integration with partners for broader utility. Helium has expanded to include WiFi and other networks under its "Network of Networks" framework.
Helium offloads carrier data for ~$0.50/GB, half the cost of traditional networks.
contract
solana
Helium offloads carrier data at approximately $0.50 per GB, compared to $1+ per GB on traditional networks.
Provides free cell service to Solana Seeker phone owners.
Added to Grayscale's Q2 2026 Assets Under Consideration list alongside 27 other tokens for potential future investment products.
Ranks 10th among top Solana ecosystem projects by development activity in a monthly ranking, with a decline in ranking position since the previous month.
Generated $24M in revenue by January 2026.
Thousands of phones connected to the Helium Network at Okeechobee Music & Arts Festival in Sunshine Grove, FL during the weekend of March 21-22, 2026.
HNT token gained 12.93% in price over a 24-hour period ending March 23, 2026.
Deployed HRP 2026-04 enabling staked HNT position transfers on 2026-04-02; upgraded Helium World, removing seed phrase requirements, adding a web dashboard for Hotspot management, and launched earnings split feature for Hotspot HNT earnings to multiple parties.
Experienced large buy orders on March 15, 2026.
Reached all-time high of 3.5 million daily active users, processing 132TB data and serving cellphones from major US carriers on March 14, 2026.
AT&T offloads data through Helium Mobile's hotspot network, enabling users to roam via existing mobile carriers without crypto knowledge.
HNT is up 41.0% year-to-date from January 1 to March 10, 2026, ranking fifth among DePIN performers during this period according to CoinGecko data.
Remains net deflationary for most of 2026, with 3 million people burning HNT for every gigabyte of data used, exceeding new issuance.
Generates more than $300K in fees consistently, with fees reaching approximately $400K in December 2025.
reached 4,388 TB of carrier offloaded data in Q4 2025, up 60.7% quarter-over-quarter
Operates 120,000 user-deployed hotspots, with large carriers offloading data.
reached 595.8K mobile subscribers in Q4 2025, up 29.1% quarter-over-quarter
Three individual hotspots earned between 956 and 992 HNT per month, demonstrating variance in earnings based on location.
Launched Helium Hangouts feature in the Helium Mobile app, allowing subscribers to view Helium Hotspot coverage locations on a map.
Reached 1,000 device offloads at peak traffic through a single access point during an Ace Tomato event deployment.
Grew revenue 801% year-over-year, featured in Messari's "State of DePIN" Q4 report.
Hosted Builders Bootcamp in Washington, DC on February 11, 2026 for deployment strategies and community learning.
Processed 29 terabytes of network traffic in a single day on February 28, 2026.
Generated $56,000 per day in revenue in February 2026.
A specific Helium hotspot (Innocent Garnet Troll) has served 578+ daily users, earned 513 HNT over 21 days, and transferred 3 TB of data.
Launched official merchandise store with The Network Collection available for purchase.
Daily active users increased by 47% month-over-month.
Mobile hotspots count grew by 24% month-over-month.
Data transfer volume increased by 39% month-over-month.
Opened a 7-day voting period for Release Proposal 2026-03 on 2026-02-24, which contains no protocol updates for the March 2026 release but allows proxies to maintain active vote status.
Handles over 100 terabytes of mobile data daily for large US carriers, peaking at 120 terabytes on February 21, 2026.
Generated $50,000 in revenue on February 21, 2026.
Has a subsidy ratio of approximately 78%.
Reached over 7,600 Hotspots deployed in Arizona.
In conversations with Ghana, Nigeria, and Uganda for potential Helium Mobile deployment, though no launch timeframe has been set.
A single hotspot named Refined Rosewood Crab served 835 daily users, earned 1,260 HNT over 30 days, and transferred 8 TB of data.
Runs a giveaway of 2 Helium Indoor Hotspots for US participants, ending on 2026-02-26.
Partnered with Mambo WiFi for carrier offload in Brazil, adding 40,000+ access points, and offers Helium Plus for venue integration using existing infrastructure.
Integrated Movistar for Helium Mobile in Mexico, targeting Q1 2026.
Suspended perpetual futures trading on Coinbase with HNT-PERP settled at $1.4148 USDC as the final settlement price.
Ranked as the second-highest weekly gainer with a +58.06% price increase on CoinMarketCap's top gainers list.
Handled 550% phone traffic surge on New Orleans network during Mardi Gras, connecting over 100,000 people on Tuesday during peak demand.
Transmitted 576 TB of mobile data in Q4 2024, representing a 555% quarter-over-quarter increase.
Generated $11.36M in revenue over a 30-day period in early 2026, leading all DePIN projects.
A single Helium Hotspot at a bowling alley in Madison, TN earned over 500 HNT in 30 days while serving 700+ daily connections.
Shortlisted for Best Mobile Network Infrastructure at the GLOMO Awards, with winners to be announced at Mobile World Congress Barcelona in March 2026.
Transferred 744 TB of data in the week ending approximately February 18, 2026.
One hotspot (Main Indigo Anteater) has over 7,700 daily users and transferred 5 TB of data.
Earned 829 HNT in 30 days from enterprise WiFi network usage supporting carrier subscribers.
Deployed 7,604 Hotspots in North Carolina, ranking 6th among U.S. states.
Generated $2.3M in Carrier Offload revenue in Q4 2025, representing a 53% quarter-over-quarter increase.
Transferred 5,513 TB total data in Q4, a 47.7% quarter-over-quarter increase.
Reached an average of 1.62M daily active users in Q4 2025 (35% quarter-over-quarter increase), peaking at 2.53M users on December 20, 2025.
Included in Lightspeed institutional coverage program by Solana Foundation and Blockworks, which provides quarterly institutional-grade investor updates on top Solana ecosystem tokens and apps to funds with over $50M in assets.
Reached an all-time high of 127,000 active mobile Hotspots.
Reached 3.3 million daily active users on February 28, 2026, up from 2.9 million on February 27, 2026, and down from 3.4 million on February 15, 2026.
Processed 128TB daily data in February 2026.
Runs a referral promotion from 2026-02-12 through 2026-02-17 offering double Cloud Points for both referrer and referee, with rewards of $10 (Zero tier), $20 (Air tier), or $30 (Infinity tier) depending on plan level.
Ranked 7th among top Solana ecosystem projects by development activity in March 2026, up from 8th in February, per Santiment analysis.
Featured a hotspot named Refined Alabaster Mustang in a spotlight highlighting 850+ daily users, 770 HNT earned over 21 days, and 4 TB data transferred.
Featured in 1kx's 2026 forecasts as an example of a consumer app with Web2 UX powered by decentralized supply, alongside Hivemapper and DIMO Network.
Extended 50% discount on Mobile Hotspots using code FLASH50, valid through February 18, 2026, US only.
Mobile Hotspots handled a 15% traffic surge during Big Game weekend in the Bay Area.
Presented at The Inbuilding Wireless Association Summit in Fort Lauderdale on February 10, 2026, with a fireside chat at 1:45 PM and panel discussion at 2:00 PM featuring team member didiomario.
Hotspot "Ripe Brunette Gerbil" served 1,445 daily users, earned 1,533 HNT over 30 days, and transferred 8 TB of data; Hotspot "Magic Cyan Coyote" served 1,245 daily users and transferred 8 TB of data.
Voting opened on 2026-02-10 for Helium Release Proposal 2026-02, proposing to remove CDR verification requirement for Mobile PoC eligibility, with voting closing 2026-02-17.
Moved more than 200TB of traffic last weekend (February 1-2, 2026), establishing a new level for recurring data credit burn.
Implemented upgraded quality of service (QoS) mechanisms with AT&T, T-Mobile, and Telefónica, reducing rejections by 40-50%, routing traffic for carrier offloading.
IR report appears in Bloomberg Terminal across multiple feeds including Digital Asset Equity Research Feed and Solana ticker feed.
HNT token burns increased 125% month-over-month based on network usage, creating 6.4% annualized net deflationary supply at a $2.21 price point, with 1,643 HNT daily re-emissions and $41,000 revenue burned. HNT buybacks and digital asset treasury buildup are underway.
Offers 50% discount on Helium Mobile plans from February 5-10, 2026, with Air Plan at $7.50 (regular $15) and Infinity Plan at $15 (regular $30) using promo code GAMETIME, available to new and existing subscribers.
Helium Mobile subscribers use Helium Network for approximately 19% of all subscriber data as of February 2026
Hosting a live discussion on February 5th, 2026 at 7:00 PM UTC across X, Youtube, and LinkedIn featuring Messari analysts discussing the State of DePIN 2025 report and Helium's 2026 roadmap.
Hosts a Core Team AMA on X Spaces on 2026-02-05 at 3 PM ET covering network topics, Helium Mobile, HNT, governance, and roadmap.
Reached over 800 deployed Hotspots in Washington state.
Released app version 4.1.0 for Helium Mobile
Reached 600,000 Helium Mobile subscribers.
Generated $11 million in token burns from telco carriers.
Hosted Builders Bootcamp in Washington, D.C. on 2026-02-11, with a speaker from MaknBank and led by GM of Network. Features multi-day events covering network foundation, indoor/outdoor hotspot deployment, and real-world execution.
Prediction that HNT will become deflationary, stated as opinion without confirmed tokenomics change or achieved metric.
Presents at mpost_io's HSC Conference on the Hack Seasons Stage and participates in a panel "DePIN is Growing Up: Out of Pilot and Into Adoption" at Consensus Hong Kong on the Frontier Stage, with fmong representing at both on 2026-02-12.
Scheduled for a live discussion on X on 2026-01-22 at 7 PM UTC about DePIN and Neo Fi narrative featuring founder of The Rollup Co.
Partnered with Unspoken Words to deploy Helium Plus for network coverage improvements in Sausalito.
Discontinued an early adopter price plan, causing subscriber backlash.
Deploying network connectivity through Rooftop Digital Income across 272 Jack's Restaurants, 88 Green Valley Grocery locations, and YMCAs nationwide.
Generated $20.0M revenue in 2025, ranking as top DePIN protocol, with network revenue increasing 4x since mid-2025.
Hosted Helium Live AMA session on January 6, 2026 at 5:30 PM UTC featuring BAXUS co-founder discussing network history and development.
Consolidated from multiple subnetwork tokens (IOT and MOBILE) back to single token (HNT).
Abolished token buyback program.
Paused part of the buyback program.
Generated $3.4M in combined Helium and Mobile revenue during October 2025.
Helium Live event scheduled for December 16th at 5:30 PM UTC features Blockworks representative discussing a Blockworks analytics dashboard and future DePIN developments.
Raj Gokal, co-founder of Solana, publicly validates that Helium and Hivemapper have already proven the decentralized physical infrastructure network model.
Burns 100% of mobile subscriber revenue into Data Credits, with $61K burned in the last 24 hours, as data transfer revenue increases.
Top wallets accumulate $HNT as a DePIN play alongside $GEOD, with $12M in stables held as dry powder.
Helium launches operations in Mexico and Brazil, expanding into two major Latin American markets.
Jack Dorsey predicts Helium Mobile will takeover in 2026.
Abhay presents at Solana Conference Absolute Cinema stage tomorrow at 2:40 pm GST on Helium and rebuilding connectivity, with teaser of an announcement at the event.
Awarded 2025 Fierce Network Innovation Award in Mobile Evolution category.
Revenue exceeds $1.5M monthly for 4 consecutive months, with December on pace for second highest monthly revenue after generating $600K in the first 10 days.