What Helium coordinates
Helium (HNT) is an AI / DePIN infrastructure token, currently ranked 285th by market capitalization among the assets we track. Helium sits in the AI/DePIN category, where tokens incentivize a real-world or compute resource network. Providers earn HNT for contributing capacity, and demand for that capacity is the fundamental to watch.
Helium (HNT) is a decentralized blockchain-based network that aims to provide low-cost wireless communication for Internet of Things (IoT) devices through a global network of community-operated hotspots. It incentivizes users to deploy hotspots that earn HNT tokens for contributing to network coverage and data transfer.
How the network bootstraps supply and demand
These networks face a two-sided problem: pay providers enough in HNT to bring resources online, while attracting real paying demand for those resources. Token emissions can solve the first but not the second.
Under the hood, HNT secures its ledger with Byzantine Fault Tolerance, built on the BFT algorithm.
Background & fundamentals
Helium first went live in 2019, giving it roughly 7 years of on-chain price history to draw on. Helium operates under a semi-centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust.
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in HNT. CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Cryptocurrency, Byzantine Fault Tolerance, and Solana (SOL) Token.
Where Helium sits in the market
At $0.2196, Helium carries a market capitalization of $40.92M. Around $785.76K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.92% of the float — on the quieter side, which can mean thinner liquidity for large orders.
About 80% of the hard cap of 223M HNT has been minted, leaving only modest issuance ahead. HNT remains -100% beneath its all-time high of $54.72, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.0241, HNT is up +811%.
What the price history shows
Across timeframes, HNT shows 24-hour -1.97%, 7-day -7.64%, 30-day -31.28%, 1-year -79.88%. HNT is currently trading near the bottom of its 365-day range (around the 3rd percentile of recent closes).
Volatility profile
Recent action puts Helium in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -31.28%, a useful input for stop placement and position sizing.
How to evaluate an AI/DePIN token like Helium
For an asset of this type, three lenses matter most:
- Real demand — paying usage of the network's resource, not just provider rewards funded by HNT emissions.
- Supply growth — how much real-world or compute capacity the network has actually brought online.
- Token economics — whether HNT demand can outgrow the incentives the protocol pays to bootstrap it.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
