Helium Network | User Numbers and Hotspots on the Rise
The Helium Network is showing impressive growth, with daily active users hitting one million in CW40. This marks a 4.5% increase from the prior week. Saturdays are thriving, with nearly 2 million users engaging on peak days, stirring debate within forums about sustainability and future growth.
Hotspot Expansion Heats Up
The number of hotspots skyrocketed from 112,137 to 113,022, an increase of 885 devices in the latest week. Previous growth rates had struggled to exceed 162 new hotspots in the week prior, raising eyebrows among skeptics. Community sentiment shifts as many express concern over what the rapid ascent means for the network's infrastructure.
User Engagement on the Rise
The weekend spike in user numbers reflects an ongoing trend, with last Sunday’s figure reaching an impressive count. "More than 8.6% growth week-over-week," one comment remarked. Current numbers show Saturdays consistently surpassing 1.9 million, indicating increasing adoption. However, some voices in the forum caution, "Still over 60% down this year," highlighting the network's challenging landscape.
Data Transfer Trends
Data transfer rates jumped from 50.6 TB/day to 53.2 TB/day, a 5.1% increase. This uptick further signals that the network is shifting roles, evolving from an experimental stage to practical applications. Interestingly, technical discussions reveal that last Sunday's mobile DC burn was reported at $59,908, significantly higher than the IOT DC burn figure of just $117 that same day.
Mobile Subscriber Growth
Helium Mobile is gaining traction, with an addition of 11,095 mobile subscribers in just one week, totaling 469,143 users. However, there are concerns about the exact figures. One comment noted that this total does not account for churn, raising questions about how many subscribers are currently active: "It would be helpful for them to share how many ACTIVE subscribers there are currently." The growth rate remains stable at around 2.4-2.6% per week, suggesting a cautious optimism about the platform's long-term viability.
Carrier Activity Insights
DC burn figures hovering around the $60,000 mark indicate climbing commercial usage as carriers refill reserves amid low supply levels. Sources confirm a refill of more than $1 million only days after reserves ran low. This activity maintains positive momentum in discussions about how these dynamics affect Helium's overall sustainability.
What Lies Ahead?
With user engagement numbers soaring on weekends and hotspot growth, many are left wondering: When will Helium break the 2 million mark for daily active users? If the current trajectory continues, it might not be long before this milestone is achieved. But the community remains divided, reflecting a mix of enthusiasm and skepticism.
Key Highlights
🔺 User growth at 1 million DAU in CW40
🔹 885 new hotspots last week, a record increase
🌐 Data transfer surged by 5.1% to 53.2 TB/day
📈 Helium Mobile adds 11,095 new subscribers
Curiously, community sentiment varies, with many eager for growth while others voice skepticism about sustainability. "IoT what?" asks one user, expressing frustration about the specifics of the network's operations. As the Helium Network continues its upward momentum, it remains to be seen how the community will react to these developments.
Counting Down to the Next Milestone
Prospects for the Helium Network indicate that it could break the 2 million DAU mark sooner than expected. Analysts suggest there’s a strong chance this could happen within the next few months if growth trends continue. Factors contributing to this surge include rising interest in IoT applications and a solid strategy for hotspot expansion. With weekends showing significant user spikes, the momentum is likely to sustain. If current engagement levels hold, experts estimate around a 60% likelihood of reaching this milestone by mid-2025, transforming user dynamics in the evolving Helium ecosystem.