Helium Mobile Drives DePIN Growth with 90% Network Usage Since December 2023 Launch, Supporting IoT and 5G

Helium is fostering an ecosystem of decentralized wireless and DePIN networks, supporting multiple independent networks such as IoT and 5G telecom. Since its launch in December 2023, Helium Mobile has grown rapidly, accounting for approximately 90% of the network’s usage. DePIN, or Decentralized Physical Infrastructure Network, involves using blockchain technology to decentralize the control and ownership of physical infrastructure, enhancing transparency, security, and efficiency. The trajectory of DePIN adoption is set to reshape niche sectors and potentially the broader digital landscape, argues Domenic Carosa. William Paul Peckham, Chief Business Officer of Aphonalabs, highlights that devices form the basis for a decentralized internet. CoinDesk has introduced a new 'DePIN Vertical' section to cover these developments.