Helium Information

Helium is transforming the way we think about wireless networks by creating a decentralized model for the Internet of Things (IoT). This innovative platform empowers individuals to contribute to network coverage by setting up Helium Hotspots, which in turn provides them with rewards in the form of HNT tokens. With its focus on fostering a community-driven approach to connectivity, Helium is paving the way for a more accessible and efficient IoT ecosystem.

Helium

$4.43

Title : Helium
Symbol : hnt
Current Price $ : 4.43 $
High 24h : 4.47 $
Low 24h : 3.92 $
Price Change 24h : 0.243464 $
Price Change % 24h : 5.8105 %
Market Cap : 785822130
Whitepaper : http://whitepaper.helium.com/
Website : https://www.helium.com/
Total Volume : 18203573
Market Cap Change 24h : 48010168
Market Cap Change % 24h : 6.5071 %
Circulating Supply : 176818729.32732
Total Supply : 223000000
Max Supply : 223000000
Last Updated : 2025-01-21 23:51
All Time High (ATH) : 54.88
ATH Change % : -91.93478 %
ATH Date : 2021-11-12 23:08
All Time Low (ATL) : 0.113248
ATL Change % : 3808.21026 %
ATL Date : 2020-04-18 00:19

more information

Unveiling Helium: The Wireless Network Revolution

Helium (HNT) is a unique cryptocurrency aiming to revolutionize the world of wireless networks through its decentralized platform. By utilizing blockchain technology, Helium incentivizes the creation of extensive, low-cost network infrastructure. Let's dive into the fundamentals of Helium and explore its potential, strengths, challenges, as well as its past performance and future outlook.

What is Helium?

Helium is a decentralized network designed to facilitate long-range connectivity for Internet of Things (IoT) devices. Its system, called "The People’s Network," employs a novel consensus model known as Proof-of-Coverage (PoC) which verifies network coverage provided by community-run Hotspots. Participants earn HNT by hosting Hotspots that offer connectivity and validate network transactions, creating an expansive and affordable wireless internet infrastructure.

The Strengths of Helium

Helium presents several compelling advantages. Firstly, it provides a cost-effective solution for IoT networking, a sector poised for explosive growth. The decentralized nature allows individuals to earn HNT by participating in the network, thus encouraging widespread adoption. Additionally, Helium’s open infrastructure fosters innovation, as developers can build new applications on top of the network without traditional telecom limitations.

Challenges and Drawbacks

Despite its benefits, Helium faces challenges. The implementation of its PoC model requires robust network participation, meaning extensive outreach and adoption is crucial. Furthermore, the success of HNT hinges on the demand for IoT connectivity, which while promising, remains dependent on broader market evolution. Lastly, regulatory scrutiny in various jurisdictions can pose risks to its global operations.

Past Performance Insights

Helium has experienced significant price fluctuations since its inception. Launched in 2020, it reached an all-time high of $54.88 in November 2021. However, like many cryptocurrencies, it saw a sharp decline, currently priced at $7.15. This volatility reflects broader cryptocurrency market trends but also investor sentiments towards its unique model.

Future Prospects of Helium

The future of Helium appears promising, albeit uncertain. As IoT devices multiply, the demand for decentralized, efficient networking solutions is likely to grow, potentially boosting Helium’s value. Continued technological advancements and strategic partnerships could further solidify its market position. However, overcoming adoption barriers and regulatory challenges will be critical to its long-term success.

Final Thoughts

Helium stands as a pioneering force in the wireless network arena, blending blockchain innovation with practical applications. While it faces a challenging road ahead, the potential rewards for successfully navigating these obstacles make Helium an exciting project to watch in the coming years. As with any investment, due diligence and awareness of the broader market landscape will be crucial for those considering diving into HNT.

General Information
from price $4
Title Helium
Symbol hnt
Whitepaper http://whitepaper.helium.com/
Website https://www.helium.com/
Community -
Last Updated 2025-01-21 23:51

Price Data
Current Price $ 4.43 $
High 24h 4.47 $
Low 24h 3.92 $
Price Change 24h 0.243464 $
Price Change % 24h 5.8105 %

Market Data
Market Cap 785822130
Total Volume 18203573
Market Cap Change 24h 48010168
Market Cap Change % 24h 6.5071 %
Return on Investment (ROI) -

Supply and Availability
Circulating Supply 176818729.32732
Total Supply 223000000
Max Supply 223000000

Historical Data
All Time High (ATH) 54.88
ATH Change % -91.93478 %
ATH Date 2021-11-12 23:08
All Time Low (ATL) 0.113248
ATL Change % 3808.21026 %
ATL Date 2020-04-18 00:19