Helium Data Credit Burn Rate Up 194% - $HNT to Follow?

Helium, a Solana-based DePIN platform, is witnessing prolific growth in 2025. Enabling everyday people to own and earn revenue from mobile network hotspots, Helium is decentralizing the internet at an unprecedented scale.

While Helium’s adoption metrics have been up-and-to-the-right all year, this hasn’t been obvious in $HNT’s price. 

But with the weekly burn rate of Helium Data Credits up 194%, could $HNT’s fortunes be about to change?

Helium Gains 270,000 YTD Subscribers

While most of Solana’s userbase has been fixated on Launchpad wars, Helium is enjoying exponential growth across the bulk of its usage metrics. According to the Helium World Explorer, the DePIN network has onboarded over 400,000 subscribers to its network, with over 109k hotspots deployed across supported areas.

Since January, the number of deployed hotspots has increased by 227% YTD, rising from 33,409 to 109,754.

Beyond Helium’s direct subscribers and contributors, the DePIN project’s mobile network is servicing millions of users and handling a staggering amount of data. 

By transmitting offload data from other carriers like AT&T, Helium now serves over 1.1M daily users. 

Alongside growing confidence in crypto-related businesses, Helium has likely benefited from pro-crypto policy in the United States. In April 2025, the SEC dismissed an outstanding lawsuit against Nova Labs, Helium’s parent company. The dismissal may have helped clear the way for Helium to join forces with prominent Web2 telecommunications firms, as evidenced by its collaboration with AT&T.

Weekly Data Credit Burn Up 194%

One of the biggest benefactors of Helium’s surging activity is the network’s circular token economy. Like many DePIN projects, Helium employs a burn-and-mint equilibrium to drive value to its native token and reward contributors.

Demand for Helium Data Credits, which are used to pay for data transmission, has spiked this week. In the last 9 days, Helium Data Credit burns have jumped to a daily average of $48k, up 194% from $16.3k in previous weeks based on Dune Analytics data.

The dramatic increase in volume comes as a direct result of Helium’s recent decision to allocate 100% of subscriber revenue to Data Credit burns.

$HNT Trends Down Despite Real World Growth

Despite all the evidence supporting Helium’s expansive growth in 2025, crypto markets seem relatively uninterested. $HNT, the protocol’s native token, remains unaffected by growing market optimism.

As markets flip bullish and $SOL confidently reclaims $200, $HNT is yet to show the signs of life one might expect, given its growing adoption. At press time, $HNT currently trades hands at $2.65, down 54% YTD.

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