Helium

Today's state: Helium is trading at $0.245416 with a $0.0 billion market capitalization (rank #219). The price moved -1.65% over the past 24 hours and is -3.81% over 7 days; the 30-day move stands at -64.26% and the 90-day at +0.00%.

Position vs cycle: The asset trades deep in the post-peak drawdown regime, more than 70% below its prior cycle high — typical of late-stage bear conditions or assets that have permanently re-rated lower.

Volatility and structure: 30-day realized volatility of 132.3% annualized is extreme for an asset this size. Our composite multi-horizon Price Strength reads Neutral (50/100), with a mixed multi-horizon profile and no clear directional bias.

To place HNT in the wider market, its 90-day return correlations against the two other largest layer-1s show whether it trades as crypto-market beta or on its own drivers. The Pearson figures across daily log returns:

• Bitcoin reference: -0.13 — a minimal negative relationship.
• Ethereum reference: -0.09 — a minimal negative relationship.
• Solana reference: -0.14 — a minimal negative relationship.

Strong correlation to multiple references typically indicates that the asset trades primarily as crypto-market beta — moves in BTC/ETH/SOL drive most of the price action, and stand-alone alpha is harder to capture. Weak or negative correlations indicate idiosyncratic drivers (project-specific news, sector rotation within crypto, or narrative shifts) that can produce returns uncorrelated with the broader market.

Helium (HNT) is a cryptocurrency, traded on global digital-asset markets. It trades at $0.2454 as of the latest update, with a 24-hour move down 1.65%, placing it at rank #488 by market capitalisation among all listed digital assets. Helium's current market cap stands at $44.70M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Helium across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Helium uses token incentives to bootstrap a physical network from the bottom up. Rather than a company building the infrastructure, individuals deploy the hardware and earn the token for the coverage or service they contribute.

By market value, Helium sits at rank #219 — a mid-cap asset in the broad top 250. The project sits in the decentralized wireless (DePIN) space, and launched in 2019. About 82% of the maximum HNT supply is in circulation today (182.11M of 223.00M), leaving a moderate emission stream still to come. It currently trades about 100% below its all-time high of $54.88 set in November 2021, while sitting roughly 2.2× above its record low.

The token in Helium is the coordination layer for a physical network: it pays providers for proven coverage or usage and (in many designs) is what end-users spend to consume the service. Network value tracks real usage and provider growth rather than on-chain transaction counts.

By market value, Helium sits at rank #219 — a mid-cap asset in the broad top 250. The project sits in the decentralized wireless (DePIN) space, and launched in 2019. About 82% of the maximum HNT supply is in circulation today (182.11M of 223.00M), leaving a moderate emission stream still to come. It currently trades about 100% below its all-time high of $54.88 set in November 2021, while sitting roughly 2.2× above its record low.

In practice Helium rewards the people running the hardware and, in many designs, is also what customers spend to use the network's service. Whether it accrues value comes down to one race: paying demand for the service versus the emissions paid out to bootstrap supply.

Daily volume runs at about 7.1% of market capitalisation ($3.16M in the last 24 hours), in the normal band for a coin of this size and supportive of orderly entries and exits.

Helium's tokenomics combine its supply schedule, current circulating supply, and the relationship between circulating market cap and fully-diluted valuation. At 81.7% of maximum supply already issued, the remaining issuance is a relatively small fraction of total potential supply. Sell pressure from future issuance is therefore limited.

Whether the tokenomics help or hurt comes down to value accrual versus dilution — fee burns, reinvested staking yield and TVL growth on one side, scheduled emissions on the other. A favourable balance lets price grind higher without hype; an unfavourable one means the asset must keep attracting demand just to absorb issuance.

What sets the macro tone for crypto is the cost and availability of money: where the Fed is steering policy rates, whether dollar liquidity is expanding or draining, and how much risk the market is willing to carry. The asset class has behaved like the high-beta tail of that cycle — first to rally as conditions ease, first to crack when they tighten.

To read crypto in a wider context, keep an eye on four markets — the dollar, where strength typically pressures risk assets; long-dated Treasury yields, which set the discount rate on future cash flows; gold, sometimes a parallel hard-money bet; and US equities, frequently correlated with crypto during liquidity-driven swings despite the popular "uncorrelated" label.

Zooming in on Helium, the most reliable leading indicator has tended to be crypto-native liquidity itself — aggregate stablecoin supply, open interest in futures, and exchange volume. Rising on-chain liquidity has historically pulled HNT up; draining liquidity has done the opposite. With a comparatively loose 90-day BTC correlation of -0.13, HNT has shown more idiosyncratic price behaviour than the average large-cap — its own catalysts can matter as much as the broad liquidity tide.

DePIN-specific risks: a token-emission treadmill (rewards must attract hardware faster than they dilute holders), the hard problem of converting subsidised supply into paying demand, hardware and operational dependencies in the physical world, and regulatory exposure that varies by the service provided. Standard crypto-market volatility applies on top.