helium’s most underrated achievements (arman’s june 2025 edition)
1. undeniable product-market fit (PMF) w/ rapid, widespread industry adoption. AT&T + other global telcos like Telefonica pay to use the network bc it provides value via coverage they can’t get anywhere else, full stop
2. diversified protocol revenue of ~$15k/day and growing that’s fully orthogonal to the crypto market. $HNT will keep burning in any market conditions via a reliable stream of growing data usage
3. explosive subscriber growth from one of the most successful MVNO launches in history. 285k+ total signups with 7.4% wk/wk growth is unheard of
4. wi-fi QoS standard setting + rapid adoption. helium’s work in the WBA to enhance the mission critical RADIUS protocol has made decentralized WiFi reliable enough for industry use for the first time
5. tight anti-gaming mechanisms anchored to the real world (phones in hands) and refined thru years of trial and error. less tokens wasted, high precision growth. an enormous feat for any DePIN—hardest problem to solve IMO
6. unprecedented onboarding of idle assets via brownfield conversion. $0 hardware cost for easy revenue = no brainer. there are (no exaggeration) 10s of millions of well placed Wi-Fi APs that can now be instantly converted to serve helium’s customers.
7. expert builder community. high end deployers are at the ready + have done amazing work w/ rapid buildouts across the US and Mexico. small deployers also doing great work in their local areas
8. simplification. return to one token while removing MOBILE, IOT & HST required coordination across diverse stakeholders, none of whom had unilateral voting power. long term gain required short term pain and the community endured
9. solana. the chain has been extremely stable lately and has empowered us to build everything we need without spending 80% of Eng time managing our own L1. SOL engineers + community are second to none
what did i miss?
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