# Helium (HNT) Supply & Demand: +9.77% New Supply in 90 Days

*Live page: https://mrnasdog.com/research/hnt · checked Oct 25 2026*

Helium (HNT) supply changes **+9.77%** over the next 90 days and **+38.82%** over a year (checked Oct 15 2026).

- **Long-run signal:** negative (by the law of supply and demand)
- **Score:** 0.5/10 — supply 0/5, demand 0.5/5
- **New supply:** +9.77% in 90 days · +38.82% in a year
- **Demand:** very low (0.5/5)
- **Price drivers:** 0 ▲ price up · 1 ▼ price down

## HNT supply

Helium's HIP-149 growth fund prints 196,000 HNT a day while data burns have shrunk: supply +7.21% in 90 days, about +9.77% next.

Over the next 90 days HNT supply changes +9.77%; across a full year, +38.82%. That puts supply at 0/5 (extreme).

## HNT price drivers

Besides supply and demand, we track 2 price drivers for Helium: 0 ▲ and 1 ▼ right now.

### ▼ Carrier partners

A US carrier pilot ended Aug 31; AT&T and Movistar remain

More carriers sign → price up · Carriers walk away → price down. Right now it points down.

| Date | What happened / what is coming |
|---|---|
| Feb 20 2025 | Movistar Mexico deal |
| Apr 24 2025 | AT&T joins network |
| Dec 10 2025 | Brazil JV with Mambo |
| Jun 2 2026 | Mobile sold to Noble |
| Aug 31 2026 | US carrier pilot ends |

*Checked Oct 15 2026*

### • New CEO's plan

New CEO since Jun 4 2026 pivots Helium to carrier platform

Good for the price: Plan wins carriers. Bad for it: Plan stalls.

| Date | What happened / what is coming |
|---|---|
| Jun 4 2026 | Di Dio becomes CEO |
| Aug 7 2026 | Earnings floor starts |
| Aug 18 2026 | Deployer fees cut to 0 |
| Aug 28 2026 | CEO warns of user drop |
| Sep 1 2026 | HeliumOS launched |

*Checked Oct 15 2026*

## How strong is Helium demand?

People's appetite for Helium is **very low**: 0.5/5, ranked #99 of 110.

Extra Helium demand detail for members stays on the live page.

## Is HNT inflationary? Questions about Helium supply

### Is Helium (HNT) inflationary or deflationary?

As of Oct 15 2026, Helium (HNT) supply moves +9.77% in 90 days and +38.82% in a year, so HNT is inflationary. New HNT outweighs what is burned or bought back.

### What is the HNT inflation rate in 2026?

Helium (HNT) supply grows +38.82% over the next 12 months and +9.77% over the next 90 days (checked Oct 15 2026). That puts HNT #10 of 101 coins we track for new supply (#1 = the most new supply).

### When is the next HNT token unlock?

No dated Helium (HNT) unlock is scheduled in the next 90 days (checked Oct 15 2026). New HNT still arrives: about 19.6M HNT in 90 days.

### Does Helium burn or buy back HNT?

Yes. In our count, about 492K HNT is expected to leave the market over the next 90 days through burns, buybacks or locks (checked Oct 15 2026). How it works: HNT burned for data credits removed 2.33M in 90 days, but burns fell to about 103K in the last 30 days after the biggest carrier test ended.

### Where does new HNT supply come from?

In our count, about 19.6M new HNT reaches the market over the next 90 days (checked Oct 15 2026). How it works: A voted growth fund mints 196,000 HNT a day for Nova Labs (13.92M in 90 days, 17.64M next), on top of 2.55M of network rewards.

### How much HNT is in circulation?

Helium (HNT) has about 196M coins in circulation as of Oct 15 2026; the next 90 days change that by +9.77% (+38.82% over a year).

### Does HNT have more new supply than FORM or IMX?

Over the next 90 days (checked Oct 15 2026): HNT +9.77%, FORM +0.01%, IMX +3.10%. HNT has the most new supply of these 3 coins.

## Next steps for HNT

- Every HNT unlock and burn, explained: https://mrnasdog.com/research/hnt/inflation
- Compare HNT supply with 100+ coins: https://mrnasdog.com/token-supply
- The MrNasDog Pressure Framework: https://mrnasdog.com/research/pressure-framework/full

*Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice.*