Latest Helium News

Helium (HNT) and Akash Network (AKT) continue to surge despite the overall crypto market cooldown. Helium's HNT token has surpassed the $7.12 mark, driven by its role in decentralized IoT. With extensive network coverage and the ability to earn HNT tokens, Helium is likened to crypto mining with a purpose. The project has also ventured into providing 5g services, attracting attention with a $20 monthly cell plan. As HNT aims for the $8.00 target, there's potential for a return to 2024 highs around $11. Meanwhile, investors exploring crypto presales may encounter projects like Pepe Unchained (PEPU), a layer-2 meme coin offering fast, affordable transactions. Despite the opportunities, it's crucial to remember the high-risk nature of crypto investments.

OKX Wallet recently hosted a successful 'DePIN Day' event showcasing the growth and innovation within the Solana ecosystem. Key insights from the event include the excitement around OKX Wallet's Blinks capabilities, the integration of Dialect's technology, and the potential collaborations with projects like Uprock and Helium Foundation. The event highlighted OKX Wallet's dedication to supporting the Solana ecosystem and the expanding DePIN sector, projected to reach $3.5 trillion by 2028.

Decentralized physical infrastructure (DePIN) projects like Hivemapper and Helium are gaining attention in the crypto world. These projects are revolutionizing real-world problems by incentivizing users with tokens to contribute to infrastructure development. Unlike many 'hometown heroes' in the crypto space, DePIN projects are aiming for mass market adoption, making them stand out in the industry. Hivemapper rewards users for video-mapping local streets, while Helium pays individuals to share their 5G internet bandwidth, potentially making mobile service cost-free for some. By utilizing blockchain technology to solve real-world challenges, these projects are setting a new standard for innovation in the crypto sphere. This approach has led to positive growth in the DePIN sector, highlighting the potential for blockchain to address global infrastructure needs.

Helium ($HNT) is making significant strides in the Decentralized Physical Infrastructure Networks (DePIN) category, showing strong demand-side traction and market response. Over the past week, $HNT has seen a 21% increase, and a remarkable 53% surge over the past 30 days. The fundamentals of Helium are powering global telecommunications, gaining investor confidence and interest in its unique value proposition. The combination of Solana ($SOL) and DePIN projects like Helium offers a compelling opportunity, leveraging the strong fundamentals of DePIN and the high-growth potential of the Solana ecosystem. As Helium expands its global telecommunications infrastructure, it is well-positioned to benefit from the increasing adoption of decentralized networks. The market is starting to recognize Helium's robust fundamentals and impressive market performance, making it a promising area for investors to watch.

Helium Foundation CEO Abhay Kumar discusses the expansion of the Helium network beyond wireless to include decentralized physical infrastructure (DePIN). The foundation aims to create a singular ecosystem with multiple networks, potentially using the same coordination layers. The addition of energy-focused startup Srcful as a DePIN is part of this vision, which also includes modifications to IoT device deployment and incentivization.

Helium's HNT has experienced a 20% surge, reaching over $4.4, making it the second-best performing altcoin globally after WLD. Analyst 'Agonybeard' on Twitter is bullish on HNT due to its leading position in the DePIN narrative, clear crypto and token use case, and being one of the few Solana-based tokens that funds are comfortable buying. With a circulating supply of 75% and a market cap of $650 million, there is potential for HNT to reach multibillion-dollar levels. Agonybeard also highlights Helium's product-market fit with its mobile phone plan and 5G network, which has seen a doubling of subscribers since late February, indicating growing adoption. Despite being over 92% below its all-time high, the analyst suggests a promising chart and a long road to recovery for HNT.

Decentralized Physical Infrastructure Networks (DePin) are making strides in the tech industry by supporting decentralized projects in real-world infrastructure. World Mobile has reached a significant milestone with over 100,000 daily users, a 400% increase in the past year, with its network expanding across Africa, Asia, and the USA. The company has deployed 1,798 AirNodes globally, positioning it as the largest network in the DePin category. World Mobile supports its participants through the World Mobile Token (WMT), incentivizing an active user base. The company has also announced plans for global AirNode deployments and a token migration to various blockchains in 2024. Additionally, the Helium Foundation is exploring new subnetwork opportunities with the Swedish energy project Srcful, which aims to use Helium hotspots to run a virtual power plant, offering another way to earn tokens. Meanwhile, Crust Network has partnered with Xcavate to provide secure, decentralized storage solutions for real estate tokenization, enhancing data integrity and scalability.

Helium Mobile has expanded its decentralized network with increased compatibility with third-party hardware and pilot programs for interoperability with other carriers. The company's licensing program has enabled developers to create compatible hardware like routers and hotspots, exemplified by RAKwireless's MNTD.FI Pro mobile hotspot. Additionally, Helium is working on the OpenRoaming framework to enhance wireless carrier crossover.

DePIN, shorthand for decentralized physical infrastructure, is a burgeoning sector in the crypto space that combines various technologies to maintain a global network of physical assets. It encompasses protocols leveraging blockchain for a decentralized approach to infrastructure management, supported by participants providing computational resources. DePIN projects are divided into two categories: Physical Resource Networks (PRN), which include essential hardware for connectivity, and Digital Resource Networks (DRN), supplying the digital resources necessary for operating physical systems. Notable DePIN projects include Render Network, which decentralizes GPU cloud rendering, and The Graph, Filecoin, Arweave, Akash Network, AIOZ Network, Bittensor, Helium Network, IOTA, and Theta Network, each contributing to the advancement of decentralized infrastructure solutions.

The Helium Foundation is exploring new possibilities with the introduction of 'subnetworks' that extend beyond wireless capabilities. A Swedish project, Srcful, has proposed to become a Helium subnetwork, introducing its own ENERGY token. Helium currently allows individuals to operate nodes in its IoT network, earning Solana-based IOT tokens convertible to HNT tokens. By investing in a Helium hotspot, participants can contribute to the network and hope for token rewards exceeding their energy costs. Srcful aims to utilize Helium hotspots for a virtual power plant concept, aggregating smaller-scale renewable energy sources to support the energy grid. Households can offer power from solar panels or batteries, receiving ENERGY tokens in return, while hotspot operators are rewarded for managing these energy sources. Srcful plans to sell the energy from the virtual power plant to energy companies or grid operators, aiming to generate revenue. However, concerns have been raised about the complexity of Srcful's business model and the need for contracts with energy-needy operations. Helium Foundation CEO Abhay Kumar anticipates more proposals like Srcful's to come, as Helium looks to expand its ecosystem.