Helium ($HNT) follow potential deflationary tokenomics

Helium's decentralized wireless push is colliding with new economic realities: $HNT could become net deflationary if token burn continues to exceed issuance. In mid-August, Helium marked a bold shift—using 100% of Helium Mobile subscriber revenue for $HNT burn—coinciding with its biennial halving reducing new issuance. As a content creator for Gate, I will detail the changes in $HNT, the actual workings of the burn and mint mechanisms, $HNT's trading situation today, and how Gate users can handle $HNT with discipline.

##$HNT Market Snapshot: Price, Supply, and Today's Context

As of September 15, 2025, the trading price of $HNT is approximately $2.77, with a market capitalization of about $516.8 million and a circulating supply of around 186.21 million $HNT, with a hard cap of 223 million $HNT. The reported 24-hour trading volume is close to $20.16 million, with an intraday trading range roughly between $2.60 and $2.87. These levels provide Gate traders with practical reminder settings, risk assessments, and anchor points for scenario planning around $HNT.

##$HNT Deflation Story: 100% of mobile subscription revenue redirected to $HNT burn

Helium has made plans to use 100% of Helium Mobile subscriber revenue to burn $HNT. Simply put, more real-world telecom revenue is now being used for permanent token burns, directly linking business growth with $HNT scarcity. Preliminary estimates show that the significance of this revenue source is substantial, especially when combined with the recent $HNT halving. If sustained, the recurring buy and burn flow could become a structural hedge for issuance and potentially push $HNT into a net deflationary state.

Helium also emphasizes growth in usage—there are approximately ~1.1M daily active users spread across ~108,850 hotspots—which indicates a fundamental network activity to support ongoing burns. With more endpoints and more data-demanding users, the burn pipeline for $HNT can compound over time.

##$HNT Burning and Minting Balance: Why Data Credit Drives $HNT Burning

The core of $HNT is the data credit (DC) model:

• Using the Helium network requires data centers (DCs).
• DCs can only mint by destroying $HNT.
• The nominal price of each DC is fixed at $0.00001.

When customers use fiat currency to pay the connection fee, this expenditure is actually converted to $HNT in the background, which is then destroyed to mint DCs. This design directly ties network demand to the reduction in $HNT supply. The decision to use subscriber revenue entirely for destruction only enhances the existing destruction feedback loop.

##$HNT Issuance, Halving, and Net Emission Cap: Scarcity Framework

$HNT was launched in 2019 with a two-year halving plan. The time difference over the years has resulted in an actual maximum supply close to 223M $HNT. In August 2025, the most recent halving will reduce the annual emission from 15M to 7.5M $HNT, lowering future inflationary pressure.

To maintain the predictability of rewards, Helium introduced a net emission mechanism in 2021, which re-emitted a capped portion of burned $HNT and smoothed out large burning events over several days as the halving progressed. By 2025, the announced daily net emission cap is 1,643.83561643 $HNT. Effect: Burning still reduces the $HNT supply, but the reward program remains stable for network participants. (Helium has completed its migration to Solana on April 18, 2023, and $HNT is now an SPL token. )

##$HNT Demand Drivers: Wi-Fi Offloading, Daily Active Users, and Continuous $HNT Burn

A key business driver today is Wi-Fi offloading. When users of major carriers approach Helium Wi-Fi, traffic can be offloaded to Helium's network and paid for on demand—reducing the capital expenditures of carriers and driving the destruction of $HNT through data center consumption. With about 1.1 million daily users and a new halving event, you have a reasonable recipe for $HNT trend deflation—provided that the destruction of user revenue continues and data usage keeps increasing.

##$HNT liquidity, tools and strict trading plan for $HNT on Gate

For traders, Gate provides a deeply transparent $HNT/USDT spot market with real-time order book visibility and professional risk tools. You can:

• Track the real-time $HNT/USDT order book to estimate slippage before determining the trade size.
• Use limit/stop/trigger orders to build entry and exit around your investment assumptions.
• Set price alerts at key levels (e.g., intraday highs/lows, weekly pivot points) to avoid chasing volatility.

##Current $HNT Gate Operation Manual:

• Mapping $HNT Levels: Use today's $2.60–$2.87 range as tactical guidance. Pair it with anchor points from higher time frames (previous weekly highs/lows) and set alerts, rather than market buy spikes.
• Observe the burning rhythm of $HNT: Track whether the subscription income burning continues and the trend of DC demand; continuous burning combined with halving supports the deflationary theory of $HNT.
• The scale of $HNT volatility: Maintain moderate positions, set clear stop-losses, and avoid averaging down in a fast market.
• Pay attention to the liquidity depth of $HNT on Gate: confirm the depth before expanding your position; let liquidity, not FOMO, determine your position size.

The Risks of $HNT in Deflationary Theory: What Problems Might $HNT Encounter?

• Execution details of $HNT burn: Regardless of whether the source of the burn is from open market purchases or treasury balance, and whether gross income or net income is used, it will have a significant impact on net burn. A clear process is important.
• Income volatility of $HNT: If user growth or Wi-Fi offloading slows down, the burning throughput may fall below emissions, delaying or preventing net deflation.
• The protocol mechanism of $HNT: The net emission cap and smoothing mean that not every destruction can reduce supply 1:1 on the same day; the pace can weaken short-term price impacts.

##$HNT Bottom Line: A Credible Path to Deflation – The Key Now is Execution

With the backdrop of 100% subscription revenue destruction, a $0.00001 DC destruction rule, and the 2025 halving, $HNT now has a credible deflationary tokenomics path—if traffic is used and destroyed compounding. For traders on Gate, the key is to stay data-driven: monitor price and supply dynamics, observe the pace of $HNT destruction and network activity, and execute trades on the $HNT/USDT market with alerts, structured orders, and clear invalidation conditions. This is how to participate in $HNT while keeping risks manageable.