Helium price today, HNT to USD live price, marketcap and chart | CoinMarketCap (2024)

Helium price today, HNT to USD live price, marketcap and chart | CoinMarketCap (1)

$7.22

6.80%(1d)

🔥

Let's Learn About "Helium" on the Learn & Earn Page!

Helium to USD Chart

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Helium statistics

Market cap

6.80%

$1,161,088,197

#59

Volume (24h)

5.30%

$16,969,538

#166

Volume/Market cap (24h)

1.46%

Circulating supply

160,875,442 HNT

Total supply

160,875,442 HNT

Max. supply

--

Fully diluted market cap

$1,161,088,197

HNT to USD converter

HNT

USD

Price performance

24h

Low

$7.20

High

$7.79

All-time high

Nov 12, 2021

(

3 years ago

)

$55.22

-86.93

%

All-time low

Jun 10, 2020

(

4 years ago

)

$0.2534

+

2748.29

%

See historical data

Popularity

In watchlists372,651x

183rd / 9.8K

About Helium

What Is Helium (HNT)?

Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices.

Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes.

Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT.

Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.

Who Are The Founders Of Helium?

Helium’s three co-founders Amir Haleem, Shawn Fanning and Sean Carey started the company in 2013.

Haleem has an active eSports and game development background. Fanning, by contrast, is well known for developing Napster, the music sharing service which was one of the first mainstream peer-to-peer (P2P) internet services in the late 1990s.

Carey meanwhile held multiple development roles prior to Helium, which included advertising optimization firm Where, acquired by PayPal.

Helium’s team now consists of members which the company says have experience in “radio and hardware, manufacturing, distributed systems, peer-to-peer and blockchain technologies.”

What Makes Helium Unique?

Helium aims to improve the communication capabilities of wireless Internet of Things (IoT) devices. In 2013, infrastructure around IoT was still in its infancy, but developers wanted to add decentralization to their offering, hence referring to it as “The People’s Network” in official literature.

Its core appeal will be to device owners and those interested in the IoT space, with financial incentives providing further outreach possibilities.

Network participants purchase Hotspots — a combination of a wireless gateway and a miner — or build their own. Each hotspot provides network coverage over a certain radius, and also mines Helium’s native token, HNT.

The network runs on proof-of-coverage, a new consensus algorithm based on the HoneyBadger BFT protocol which allows nodes in a network to reach consensus when connection quality is highly variable.

In addition to HNT, users pay transaction fees in a separate token called Data Credits, which are not exchangeable and tied to individual users themselves.

How Many Helium (HNT) Coins Are There in Circulation?

Approximate mining periods of 30 to 60 minutes unlock rewards which are distributed according to a changing growth plan.

Helium explains that at the start, node owners will accrue more HNT for building out network infrastructure, while later on, it will be more advantageous to transfer device data. This adjustment mechanism for token distribution is expected to last for around 20 years.

As of the start of October 2020, there are 48,712,218 HNT in circulation. When the token launched, the supply was zero, with no premine.

How Is the Helium Network Secured?

Helium uses a bespoke consensus mechanism called proof-of-coverage (PoC) which rewards users for contributing to mining (validating transactions) and ensuring stability.

PoC is based on the HoneyBadger BFT protocol, which is specifically designed for node communication when conditions are unreliable.

Helium says that the most likely attack vector impacts node operators in the form of inbound ports of Hotspots. For token holders, the platform’s own wallet uses asymmetric keys to help users with private key security.

Where Can You Buy Helium (HNT)?

HNT is a tradable token spreading across major exchanges as of October 2020. Major pairs are active on Binance , and include USD and stablecoins such as Tether (USDT).New to crypto? Check out our easy guide to buying Bitcoin (BTC) or any other cryptocurrency.

Related Pages:

Read more about IOTA here.

Read more about IOTW here.

Crypto newbie? Find all the answers with Alexandria, CoinMarketCap’s dedicated education resource.

Helium price today, HNT to USD live price, marketcap and chart | CoinMarketCap (2024)

FAQs

Helium price today, HNT to USD live price, marketcap and chart | CoinMarketCap? ›

Helium Price Live Data

How much is Helium worth right now? ›

The live Helium price today is $8.17 with a 24-hour trading volume of $13.67M.

What is HNT USD? ›

HNT is the utility token of the Helium network. By leveraging LoRaWAN devices and 5G hotspots, the Helium network provides decentralized wireless infrastructure. HNT tokens are used to access the Helium network's wireless connectivity, as HNT tokens can be burned for 'Data Credits'.

What is the all time high of Helium HNT? ›

The all-time high of Helium is $48.80.

What is the price of Helium per ounce? ›

The current Helium price is $8.08. In the last 24 hours Helium price moved +2.68%.

How high will helium go? ›

Reaching New Heights

Well, most balloons filled with helium are able to rise anywhere from 10,000 to 20,000 feet into the atmosphere before they burst—that's more than 3 miles up! However, some particularly hardy balloons have been known to rise as high as 100,000 feet or more!

Will helium go up again? ›

Helium Price Prediction for 2025

Technical analysis suggests a potential increase for Helium in 2025. The minimum HNT price expected for 2025 is $10.88 while the maximum one is $13.09. On the other hand, the average forecast suggests it may reach $12.11.

Who is the largest buyer of helium in the world? ›

Think about this…a single space launch uses about $12 million worth of helium… Elon Musk's SpaceX alone is planning a total of 52 launches this year. And that's nothing compared to NASA, the single biggest buyer of helium.

Is helium getting more expensive? ›

Based on 2023 USGS data

But the cost of helium has risen so much, and the supply has been so volatile, that hospitals are eager for other options. MRI manufacturers including Philips and GE HealthCare now sell scanners that require much less helium than previous generations.

What is the biggest use of helium? ›

Cryogenics. The largest current use of helium is for cryogenics.

Will helium become valuable? ›

Demand by sector 2021

The current global market for bulk liquid helium is worth over US$2.8 billion with the import price to China now exceeding US$450 per thousand cubic feet (mcf) in 2022. Market growth is based on sustained demand growth driven by growing need for helium due to its high-value, high-tech uses.

What country is in demand for helium? ›

Share of demand for helium worldwide 2019, by region

The total demand for helium worldwide in 2019 was 6.2 billion cubic meters. Of that amount, the United States accounted for the largest share of helium demand in the world, at 32 percent. Europe accounted for a 19 percent share of global helium demand that year.

Will helium run out? ›

As helium is a non-renewable resource, the Earth is certainly running out of it. Why is the world running out of helium? Helium is the only element on the periodic table which is a non-renewable resource on Earth.

What is the price of helium? ›

Helium (HNT) is worth â‚ą587.98 today, which is a 0.3% decline from an hour ago and a 3.5% decline since yesterday. The value of HNT today is 10.1% lower compared to its value 7 days ago. In the last 24 hours, the total volume of Helium traded was â‚ą943,801,611. Sep 09:00 15:00 21:00 2022 2024.

How valuable is helium? ›

The current global market for bulk liquid helium is worth over US$2.8 billion with the import price to China now exceeding US$450 per thousand cubic feet (mcf) in 2022.

Can you still make money with helium? ›

Helium Farm confidently affirms that the answer is a resounding yes. With its innovative approach and lucrative mining plans, Helium Farm continues to make Helium mining not only accessible but highly profitable.

Is helium expensive right now? ›

The global helium market has experienced four shortages since 2006, says Phil Kornbluth, a helium consultant. And the price of helium has nearly doubled since 2020, from $7.57 per cubic meter to a historic high of $14 in 2023, according to the United States Geological Survey.

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