Annualized revenue hit $18.3M after Helium began burning all subscription income. Average daily DC burns surged 196.6% QoQ to $30,920. 1.2M daily users connected in Q3; mobile traffic jumped 57.3%. Helium (HNT) just wrapped up an explosive quarter, witnessing record-breaking growth in both network usage and financial metrics. According to Messari analyst Matthew Nay , Helium recorded an annualized revenue of $18.3 million after implementing its decision to burn 100% of its MVNO subscription revenue. This move immediately boosted the network’s burn dynamics, as average daily Data Credit (DC) burns skyrocketed by 196.6% quarter-over-quarter (QoQ) to $30,920. Helium Prints Massive Numbers Helium hotspots have now processed over 8.5 petabytes of data, nearly half the size of the Library of Congress, while daily mobile paid traffic surged 57.3% QoQ to 32.4 teraby… Read The Full Article Helium Network’s Q3 Explosion: Token Burns, Record Revenue, and What’s Next On Coin Edition .
