Key Notes

Helium (HNT) surges 4% while the broader crypto market remains flat.

The network reported a massive growth in data usage and revenue metrics.

Network activity and token burns fuel renewed investor confidence.

Helium HNT $2.38 24h volatility: 1.3% Market cap: $443.96 M Vol. 24h: $10.51 M has jumped 4% in the past 24 hours and outpaced the broader crypto market, which largely faces a downtrend on Nov. 13. The token has recorded 40% increase in trading volume after the network reported impressive third-quarter results.

Helium achieved annualized revenue of $18.3 million. This growth was driven in part by its strategic decision to burn 100% of its MVNO (Mobile Virtual Network Operator) subscription revenue.

1/ @helium had another insane quarter!

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