Helium MOBILE Delisting

The delisting stems from a community-approved update (HIP-138), halting MOBILE emissions and redirecting rewards to HNT, Helium’s native token. Trading will cease on Coinbase’s platforms, but MOBILE remains tradable on Solana-based decentralized exchanges like JupiterExchange. The purpose? To align with Helium’s evolving network, which now includes IoT, 5G, and future WiFi expansions. This could boost HNT adoption but may challenge MOBILE holders, potentially impacting its liquidity and price. The MOBILE treasury, funded until August 2025, offers a buffer for community projects.

Recent News

Helium’s been buzzing! In May 2025, Coinbase announced the delisting, prompting the official @helium account to clarify that MOBILE holders retain control via wallets and swaps to HNT are supported. Earlier, in February 2025, Movistar integrated Helium’s network for 2 million Mexican subscribers, showcasing its real-world traction. The project’s $370M funding (Tracxn, 2025) and $1.2B valuation underscore its growth, with nearly 1M hotspots deployed globally.

Future Plans

Helium’s roadmap is ambitious. Post-delisting, the focus shifts to expanding 5G and WiFi networks, with CEO Abhay Kumar hinting at international growth beyond the US in a June 2025 @GenzioCo interview. The Helium Wallet app will enhance HNT-MOBILE swaps, and the treasury’s funds will support grants, like the $5.2M disbursed in 2024, to fuel community-driven innovation.

Onchain Data

Specific onchain metrics for MOBILE post-announcement aren’t fully available yet, but Solana’s simulation feature (docs.helium.com) suggests wallet balances remain secure for swaps. Historically, Helium’s network has seen robust activity, with over 1M hotspot deployments driving HNT transactions. We’ll update with fresh data as it emerges.

Community Sentiment

X reactions are mixed. @Brian_Whitsett questions MOBILE’s future utility, while @greggpettine cheers the HNT pivot with “LFG $HNT.” Some, like @lovelyeyes321, seek guidance on next steps, reflecting uncertainty. The @helium team’s proactive updates have tempered panic, though a few, like @MrGramSlam4, note “poor performance” concerns.

Additional Insights

This delisting aligns with a 2024 CoinGecko trend where 60% of crypto volume shifts to decentralized exchanges, benefiting projects like Helium. Competitors like IoTeX lag in scale, with Helium’s 1M hotspots outpacing their 300K. For users, swapping MOBILE to HNT via the Helium Wallet is key, though fees apply—check DeFi apps for rates.

Risk Disclaimer

Delistings can increase volatility or liquidity risks. Always research and assess your risk tolerance before trading.