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Daily HNT token burn rate double by June 30, 2025?
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Helium's blockchain data and burn rate reports
Story
Helium Scaling to World's Largest Crypto Data Network with $50 Million Fees, ATH Data Usage
Sep 15, 2024, 03:44 PM
Helium is rapidly scaling to become the largest crypto data network globally, achieving significant milestones in data offloading and fee generation. The network offloaded 2.47TB of data from three major carriers daily, marking a 24% increase from the previous day. This surge in data usage has led to more HNT tokens being burned, contributing to the network's growth. Helium's fee generation is estimated at $50 million, with offload carriers accounting for 20% of the daily burn. The network continues to see record data usage and HNT burning, including an ATH of 2.3TB daily, highlighting its growing impact.
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