State of Helium Q3 2024

Messari · 2024-12-09T12:33:54+00:00

- At the end of Q3, the Helium Network **transferred over 88,000 GB of Offloaded** **Data** from major mobile carriers in the US, a 10,202% increase.- By the end of Q3, **over 116,000 users have subscribed** to Helium Mobile for unlimited talk and text messaging for $20/month.- **Mobile hotspots grew by 32% QoQ** to 21,800, and **IoT hotspots grew by 9%** to 27,600 (since Solana migration).- Passed in Q4, **HIP 138 could bring the network back to its single token design** - driving more utility to the HNT token.- HIP 111**— Increase Mobile Hotspot Coverage:** This proposal proposes that Access Points that have transferred a lot of data over the last seven epochs (i.e., 1 MB within a 7-epoch rolling window) are eligible for Boosted Coverage Points (CPs). This would increase the amount of MOBILE they receive. This proposal has been closed.- HIP 110**— Proxy Voting:** Soon to be deployed to enable proxy voting, this HIP will allow owners of veHNT, veIOT, and veMOBILE to delegate their vote to another participant for a limited time. This proxy assignment can be recursive since the implementation is rooted in an NFT delegation contract. In other words, someone assigned someone else’s vote can, in turn, delegate that vote to someone else. This will move voting power to the most active representatives. This proposal has been deployed and is now live.- HIP 116**— Lower Barriers to Entry for Device Owners:** Recently approved, this HIP will reduce the price network operators pay to bring devices onto the network. Previously, operators would have to purchase a block of device addresses (DevAddr) to assign to devices; eight DevAddr would cost $800. This cost is a barrier to entry, especially for those who self-host their LNS. After the proposal approval, the cost of eight DevAddr decreased to $100. This was approved by the time the initial report came out.- HIP 122**— Amend Service Provider Hex Boosting:** This HIP changes the minimum time for Service Provider Hex Boosting to 3 months, and future boost creation is limited to a maximum of 10x rewards. This HIP has been deployed.- HIP 125**— Temporary Anti-Gaming Measures for Boosted Hexes:** This HIP introduces a 6-month temporary measure allowing service providers to prevent gaming in boosted hexes. This HIP has been deployed.- HIP 119**— Closing Gaming Loopholes Within the MOBILE Network:** This HIP is the permanent fix to HIP 125. This HIP has been deployed.- HIP 128 **— Energy Subnetwork:** This HIP proposes creating a new ENERGY subnetwork within the Helium ecosystem. This subDAO would participate in the energy market with solar power production and battery storage. This HIP has been approved and is awaiting deployment.- HIP 129**— MOBILE Carrier Beta:** This HIP proposes automatically opting in all MOBILE Wi-Fi hotspots to the Beta carrier offloading program. Operators can choose to opt out if desired. This HIP has been deployed.- HIP 130**— Data-only MOBILE Hotspots:** Data-only hotspots are any Wi-Fi hotspot supporting Passpoint authentication that does not need to be purchased from a certified Helium Hotspot vendor. This HIP has been deployed.- HIP 131**— Bridging Gap Between Verification Mappers and Anti-Gaming Measures:** This proposal expands on HIPs 125, 118, and 103. This HIP has been deployed.- Anchorage Digital supports HNT in its institutional self-custody wallet.- Helium Mobile announced its expansion of coverage into Mexico. Leon, Tijuana, Guadalajara, Puebla, Toluca, and Oaxaca all received boosted locations on launch.- Helium Mobile announced its partnership with USC Athletics. Helium will sponsor football and basketball home games during the 2024-2025 seasons, offering stadium branding, planned activations, and on-site giveaways for fans.

Messari

2024-12-09 12:33:54

At the end of Q3, the Helium Network transferred over 88,000 GB of Offloaded Data from major mobile carriers in the US, a 10,202% increase.
By the end of Q3, over 116,000 users have subscribed to Helium Mobile for unlimited talk and text messaging for $20/month.
Mobile hotspots grew by 32% QoQ to 21,800, and IoT hotspots grew by 9% to 27,600 (since Solana migration).
Passed in Q4, HIP 138 could bring the network back to its single token design - driving more utility to the HNT token.
HIP 111**— Increase Mobile Hotspot Coverage:** This proposal proposes that Access Points that have transferred a lot of data over the last seven epochs (i.e., 1 MB within a 7-epoch rolling window) are eligible for Boosted Coverage Points (CPs). This would increase the amount of MOBILE they receive. This proposal has been closed.
HIP 110**— Proxy Voting:** Soon to be deployed to enable proxy voting, this HIP will allow owners of veHNT, veIOT, and veMOBILE to delegate their vote to another participant for a limited time. This proxy assignment can be recursive since the implementation is rooted in an NFT delegation contract. In other words, someone assigned someone else’s vote can, in turn, delegate that vote to someone else. This will move voting power to the most active representatives. This proposal has been deployed and is now live.
HIP 116**— Lower Barriers to Entry for Device Owners:** Recently approved, this HIP will reduce the price network operators pay to bring devices onto the network. Previously, operators would have to purchase a block of device addresses (DevAddr) to assign to devices; eight DevAddr would cost $800. This cost is a barrier to entry, especially for those who self-host their LNS. After the proposal approval, the cost of eight DevAddr decreased to $100. This was approved by the time the initial report came out.
HIP 122**— Amend Service Provider Hex Boosting:** This HIP changes the minimum time for Service Provider Hex Boosting to 3 months, and future boost creation is limited to a maximum of 10x rewards. This HIP has been deployed.
HIP 125**— Temporary Anti-Gaming Measures for Boosted Hexes:** This HIP introduces a 6-month temporary measure allowing service providers to prevent gaming in boosted hexes. This HIP has been deployed.
HIP 119**— Closing Gaming Loopholes Within the MOBILE Network:** This HIP is the permanent fix to HIP 125. This HIP has been deployed.
HIP 128 — Energy Subnetwork: This HIP proposes creating a new ENERGY subnetwork within the Helium ecosystem. This subDAO would participate in the energy market with solar power production and battery storage. This HIP has been approved and is awaiting deployment.
HIP 129**— MOBILE Carrier Beta:** This HIP proposes automatically opting in all MOBILE Wi-Fi hotspots to the Beta carrier offloading program. Operators can choose to opt out if desired. This HIP has been deployed.
HIP 130**— Data-only MOBILE Hotspots:** Data-only hotspots are any Wi-Fi hotspot supporting Passpoint authentication that does not need to be purchased from a certified Helium Hotspot vendor. This HIP has been deployed.
HIP 131**— Bridging Gap Between Verification Mappers and Anti-Gaming Measures:** This proposal expands on HIPs 125, 118, and 103. This HIP has been deployed.
Anchorage Digital supports HNT in its institutional self-custody wallet.
Helium Mobile announced its expansion of coverage into Mexico. Leon, Tijuana, Guadalajara, Puebla, Toluca, and Oaxaca all received boosted locations on launch.
Helium Mobile announced its partnership with USC Athletics. Helium will sponsor football and basketball home games during the 2024-2025 seasons, offering stadium branding, planned activations, and on-site giveaways for fans.

HNT9.39%

OVER-0.5%

MAJOR-15.55%

MOBILE12.59%

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