2025 has marked a period of dramatic progress and real-world momentum for the Helium Network, reinforcing our conviction in HNT as one of the most compelling assets in the crypto and decentralized infrastructure landscape. Helium’s unique people-powered model continues to transform wireless connectivity: as of Q3, the network had offloaded over 5,451 TB of mobile data from major U.S. carriers (more than doubling quarter-over-quarter) and facilitated over 8,505 TB of paid mobile data since inception. This unprecedented volume underscores growing adoption by enterprise telcos and broad recognition of Helium’s carrier-offload value proposition.

Financial and User Metrics: Network Utility and Subscriber Growth

Helium’s annualized revenue climbed to $18.3 million this year, propelled by the shift to burning 100% of revenue for Data Credits (DC), directly linking HNT token utility to genuine network activity. Daily DC burns increased by nearly 200% quarter-over-quarter, highlighting accelerating real-world usage and robust demand for Helium’s wireless services. Growth on the user side has been equally impressive: over 461,500 Helium Mobile accounts were registered by the end of Q3 (a 48% increase QoQ), with average daily users reaching 1.2 million, up 35% in the same period and signaling powerful network stickiness and mainstream appeal. The network’s infrastructure also saw a strong expansion, with total mobile hotspots (including newly converted hardware) up 18% during the quarter. Diverse, affordable plan options and partnerships like the Solana Seeker campaign continue to drive strong new user onboarding.

Q4: Continuing the Momentum

Since the close of Q3, Helium has maintained its remarkable growth trajectory, now serving over 541,000 subscribers as of mid-November. Daily active users have surged to nearly 1.7 million, with peaks close to 2 million, a testament to Helium’s deepening adoption and engagement. Notably, HNT burn in Q4 has already increased by an additional $2.8 million, reinforcing the network’s sustained utility and value capture. These up-to-date metrics illustrate Helium’s persistent acceleration and continued network expansion, emphasizing that momentum from Q3 has not only been sustained, but meaningfully intensified. The ongoing rise in subscribers, daily users, and HNT consumption sets a robust foundation for continued advancements, signaling Helium’s emergence as a leading force in the crypto-native wireless sector.

Strategic Innovations and Ecosystem Expansion

Helium’s innovation engine remains strong. The introduction of Helium Plus in Q2 (publicly launched in July) allows businesses and public WiFi providers to participate seamlessly using their existing enterprise-grade routers. New major carrier partnerships, such as with Telefónica’s Movistar in Mexico and AT&T in the U.S., are catalyzing fresh coverage expansion and increased data offload, cementing Helium’s place at the center of decentralized connectivity solutions.

Looking Forward

As Helium looks ahead, the network’s trajectory is clear: user numbers and network load continue to scale rapidly, underpinned by consistent execution on product, partnerships, and economic alignment. With decentralized wireless adoption and carrier offloading on the rise, Helium’s role as the backbone of tomorrow’s connectivity infrastructure is increasingly evident, positioning HNT as a uniquely attractive asset for forward-looking crypto and technology portfolios.

Disclosures: This article is for informational purposes only and should not be considered financial, legal, tax, or investment advice. It provides general information on cryptocurrency without accounting for individual circumstances. Sarson Funds, Inc. does not offer legal, tax, or accounting advice. Readers should consult qualified professionals before making any financial decisions. Cryptocurrency investments are volatile and carry significant risk, including potential loss of principal. Past performance is not indicative of future results. The views expressed are those of the author and do not necessarily reflect those of Sarson Funds, Inc. By using this information, you agree that Sarson Funds, Inc. is not liable for any losses or damages resulting from its use.