Helium and GEODNET are pulling in the highest fees among projects on Solana’s decentralized physical infrastructure network (DePIN) sector, according to data on the network’s activity. Meanwhile, a separate forecast projects Solana’s native token, SOL, could trade at $90 by July 2026 — though the prediction carries only a 10.5% probability.
DePIN fee leaders
Fee generation is a key measure of usage and demand for blockchain-based services. Within Solana’s DePIN ecosystem, which uses blockchain to coordinate real-world physical infrastructure like wireless hotspots and IoT sensors, Helium and GEODNET have emerged as the top two fee earners. Their high fee totals suggest active networks with significant user engagement, though the data does not break down the fee sources or transaction volumes.
Helium, originally built on its own blockchain, migrated to Solana in 2023 and now operates a decentralized wireless network. GEODNET provides a decentralized GPS correction service. Both projects rely on Solana’s low-cost, high-throughput architecture to handle frequent microtransactions — a common requirement for DePIN applications.
SOL price outlook
On the price side, a model that factors in market trends and on-chain metrics indicates SOL could reach $90 by July 2026, but with only a 10.5% chance of hitting that level. The low probability reflects the wide range of possible outcomes for a volatile asset like SOL, which has historically seen sharp swings. The forecast does not specify the underlying methodology or the source of the prediction.
For context, SOL was trading around $140 at the time of the report, meaning the $90 target would represent a roughly 36% decline from current levels. The prediction does not account for potential catalysts or regulatory changes that could affect the market.
What the numbers mean
The combination of a specific DePIN fee ranking and a long-term price forecast paints a mixed picture for Solana. On one hand, the network’s DePIN projects are showing real usage — a sign that the blockchain’s technical advantages are being put to work. On the other hand, the price prediction suggests traders and investors are not pricing in a surge in SOL’s value over the next two years, at least not with high confidence.
Neither Helium nor GEODNET has commented on the fee data, and the entity behind the SOL price forecast has not been publicly identified. The next update on Solana’s DePIN fee rankings is expected later this quarter, which could provide more clarity on whether the two projects are maintaining their lead.
