Convert between HNT and US dollars at the live rate.
$54.88
−99.64% from current
$0.113248
+75.74% from current
Independent editorial ranking. Score is 0–10 across six criteria: Security, Fees, UX, Features, Support, Reputation.
US and EU users who prioritise a spotless security record — no major hack since 2011 — and want a serious pro-grade trading terminal.
Institutions and funds requiring an SEC-registered venue with segregated qualified custody and audited on-chain reserves.
Active spot traders chasing the deepest global liquidity and the widest listing catalogue outside the US perimeter.
Traders who mix spot and on-chain — the Web3 wallet, DEX aggregator and Ethereum L2 X Layer sit inside the same account as CEX pairs.
Long-horizon EU holders who want the oldest continuously-operating exchange (2011) with conservative listings and full MiCA licensing.
Derivatives-first traders who want tighter perp funding and a maker-friendly fee schedule; accept offshore regulatory footprint.
Top coins in the same category, ordered by market cap.
Helium is a decentralised wireless network protocol launched in 2019 by Amir Haleem, Sean Carey, and the Nova Labs team. Helium coordinates users who deploy wireless network hardware (LoRaWAN hotspots for IoT connectivity, and later 5G-CBRS small cells for mobile phone connectivity) with users who consume that wireless service. Payment flows in HNT tokens.
In 2026, Helium has one of the largest deployed decentralised infrastructure footprints in crypto — hundreds of thousands of hotspots and small cells globally, providing wireless coverage that competes with (and complements) traditional telecom operators. The 2023 migration from a standalone L1 to Solana was a significant architectural change; the 2023-2024 launch of Helium Mobile (a full mobile carrier service using Helium's 5G network plus T-Mobile roaming) was the largest consumer product expansion.
The Helium tokenomics use a multi-token model. HNT is the primary token; MOBILE and IOT are subtokens that receive network-specific rewards and can be converted to HNT at market rates. This structure attempts to align incentives for specific network coverage (mobile 5G vs IoT LoRaWAN) while maintaining HNT as the ultimate value accrual asset.
Helium coordinates two distinct wireless networks:
Both networks use Proof of Coverage (PoC) — cryptographic proof that hotspots are actually providing coverage in their claimed location. This prevents fake deployments from farming rewards without providing genuine service. PoC uses radio wave characteristics and coordinated challenge responses to verify legitimate deployments.
Helium Mobile as a consumer product launched in late 2023 with $20/month unlimited plans, subsidised initially to bootstrap network coverage. Post-launch, growth has been steady though the economics of competing with T-Mobile and other established carriers remains challenging.
HNT has an inflation-decay supply model. Starting at higher emissions to bootstrap the network, emissions decrease over time. As of July 2026, circulating supply sits at approximately 190-200 million HNT.
The multi-token structure works through Data Credits (DC) — a stable-value USD-pegged unit. Users pay DC for network usage; HNT is burned to create DC. This burn-based model creates ongoing HNT demand that scales with network usage. MOBILE and IOT tokens can be converted to HNT at market rates through the Nova Labs conversion mechanism.
The 2024-2026 transition has seen Helium Mobile grow into a meaningful revenue source. Whether this network usage translates to sustained HNT burn — offsetting emissions and producing net-deflationary supply changes — is the key ongoing question for HNT value.
Helium's 2026 outlook depends on Helium Mobile subscriber growth and the ability to sustain hotspot operator economics. If Helium Mobile continues to scale and if enterprise IoT adoption accelerates, HNT burn dynamics improve. If hotspot operator economics remain challenging, network coverage could contract, reducing service quality.
Analysis last updated:
Helium (HNT) trades at $0.199027 with a 24-hour volume of $4.34M and a market capitalization of $36.17M. The asset is currently ranked #551 among all tracked cryptocurrencies.
In the last 24 hours, the HNT price has fallen +1.47%. On a seven-day window, Helium has retraced +3.97%, under sustained selling pressure on both windows. Short-term moves are often amplified by liquidity, news flow, and derivatives positioning, so confirm signals across multiple indicators before acting.
Helium's all-time high of $54.88 was set on November 13, 2021. The current price sits +99.64% below that peak. Distance from the all-time high is a common reference point when evaluating long recoveries and macro support or resistance.
Buying Helium (HNT) is a five-step routine once you have picked the right venue and pair. The steps below mirror what most investors do today.
You can also use the Helium converter above to estimate how much HNT you would get for a given dollar amount before placing the order.
Whether Helium is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, HNT carries real market risk: prices can rise or fall sharply in a day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.
