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.”
Helium Overview
| Coin Name | Helium |
| Coin Symbol | HNT |
| USD Price | $ 38.80 |
| Marketcap | $ 4,085,719,050 |
| 24h Volume | $ 25,137,207 |
| Total Supply | 223,000,000 |
Helium (HNT) Price Prediction
If you’re looking for Helium price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Helium (HNT) will go in the future? We will analyze the past prices of Helium (HNT) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2022 | $52.15 | $53.70 | $63.71 |
| 2023 | $74.38 | $76.53 | $89.42 |
| 2024 | $107.36 | $111.19 | $128.14 |
| 2025 | $154.40 | $159.96 | $188.92 |
| 2026 | $219.34 | $225.74 | $272.94 |
| 2027 | $316.69 | $327.98 | $382.47 |
| 2028 | $446.42 | $462.82 | $549.94 |
| 2029 | $634.65 | $653.16 | $792.24 |
| 2030 | $880.17 | $912.83 | $1,117.12 |
| 2031 | $1,193.40 | $1,239.04 | $1,566.52 |
At reconshell.com we predict future Helium price predictions/HNT forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Helium. We do our best to collect maximum historical data for the HNT coin which include multiple parameters like past price, Helium marketcap, Helium volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Helium Price Prediction 2022
According to our deep technical analysis on past price data of HNT, In 2022 the price of Helium is predicted to reach at a minimum level of $52.15. The HNT price can reach a maximum level of $63.71 with the average trading price of $53.70.
Helium Price Prediction 2023
The price of Helium is predicted to reach at a minimum level of $74.38 in 2023. The Helium price can reach a maximum level of $89.42 with the average price of $76.53 throughout 2023.
HNT Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of Helium is predicted to reach at a minimum level of $107.36. The HNT price can reach a maximum level of $128.14 with the average trading price of $111.19.
The price of 1 Helium is expected to reach at a minimum level of $154.40 in 2025. The HNT price can reach a maximum level of $188.92 with the average price of $159.96 throughout 2025.
Helium Price Prediction 2026
Helium price is forecast to reach a lowest possible level of $219.34 in 2026. As per our findings, the HNT price could reach a maximum possible level of $272.94 with the average forecast price of $225.74.
Helium Price Prediction 2027
According to our deep technical analysis on past price data of HNT, In 2027 the price of Helium is forecasted to be at around a minimum value of $316.69. The Helium price value can reach a maximum of $382.47 with the average trading value of $327.98 in USD.
Helium (HNT) Price Prediction 2028
The price of Helium is predicted to reach at a minimum value of $446.42 in 2028. The Helium price could reach a maximum value of $549.94 with the average trading price of $462.82 throughout 2028.
Helium Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of Helium is expected to reach at a minimum price value of $634.65. The HNT price can reach a maximum price value of $792.24 with the average value of $653.16.
Helium (HNT) Price Prediction 2030
The price of Helium is predicted to reach at a minimum value of $880.17 in 2030. The Helium price could reach a maximum value of $1,117.12 with the average trading price of $912.83 throughout 2030.
Helium Price Prediction 2031
Helium price is forecast to reach a lowest possible level of $1,193.40 in 2031. As per our findings, the HNT price could reach a maximum possible level of $1,566.52 with the average forecast price of $1,239.04.
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 FTX, and include USD and stablecoins such as Tether (USDT).
