Helium, a leading DePIN project, has seen user growth stagnate due to several factors. Despite its innovative decentralized wireless network for IoT and 5G, challenges like reduced hotspot rewards after migrating to Solana have frustrated users. Insufficient network demand, with low IoT device usage, limits revenue for hotspot operators, discouraging participation. Regulatory hurdles, particularly for 5G infrastructure, and reliance on legacy telecom partnerships like T-Mobile, restrict expansion. Past controversies, including overstated partnerships and insider token hoarding allegations, have eroded trust. Additionally, competition from emerging DePIN projects and a complex token ecosystem deter new users. To revive growth, Helium must enhance network utility, simplify participation, and rebuild community confidence through transparent governance and strategic partnerships.