GEODNET (GEOD)

This is one of the strongest on-chain signals for $GEOD right now.

The burn trend isn't just growing. It's accelerating.

For perspective:

• Q1 2026: $1.71M burned across the entire quarter
• April: Weekly burns reached all-time highs above $170K
• May: Burn activity dipped mid-month before rebounding to ~$170K in the final week
• June: $722K burned in a single month

June alone is now running at a pace that would rival an entire quarter from earlier this year.

That's a meaningful shift. The reason this matters is simple.

These burns aren't driven by hype or governance votes.

They're driven by revenue.

Every time an enterprise pays GEODNET for RTK correction data, 80% of that revenue is used for open-market buybacks and permanent burns.

No complicated token mechanics. No treasury games.

Just real usage feeding directly into supply reduction.

That's what makes the flywheel so interesting.

21K+ miners across 170 countries improve global coverage.

Better coverage attracts more enterprise customers. More customers generate more recurring revenue.

More revenue leads to larger buybacks and burns.

The network gets stronger while the token becomes scarcer.

Nearly 58.4 million $GEOD have already been permanently removed from circulation.

And with ARR already exceeding $10M, there's still plenty of room for burn activity to grow if adoption continues.

GEODNET isn't trying to manufacture demand through token incentives.

It's building infrastructure that enterprises are already paying to use.

The burns are simply the on-chain proof that the product is being used.

Strong fundamentals. Growing enterprise demand. Accelerating burns.

That's one of the cleaner tokenomic setups today.